Vistra Corp. (VST)
Utilities · Independent Power Producers · Data as of 2026-09-01
Bottom line
VST is trading at a premium to its history, in the middle of its recent price range, and recent volume suggests money flowing out. Historically, this combination has called for extra caution. Past patterns are not a guarantee of future results.
Valuation — Trading at a premium (Red)
VST trades at 23× earnings, above its own 5-year average of 17× and roughly in line with similar utilities companies we track (21×, 31 peers). Investors are currently paying more per dollar of earnings than usual. Its free-cash-flow yield is about 3.0%. Its current multiple sits around the 33rd percentile of its own last five years — toward the low end of its own range. About 68% of its reported earnings arrived as free cash over the last year.
Price zones — In the middle of its recent range (Yellow)
At $138.08, the stock sits between its recent support and resistance levels. Over the past year VST has traded between $132.66 and $219.82; its historical support zone sits near $132.66 and resistance near $150.76. It is below both its 50- and 200-day averages, which has historically signalled a downtrend.
52-week range $132.66–$219.82 · 50-day average $150.76 · 200-day average $158.18
Money flow — Money is flowing out (Red)
Recent trading in VST shows more volume on falling days than rising days, a pattern often described as distribution. Volume on up days has been about 0.7× volume on down days over the last 30 sessions.
About the company
Vistra Corp., along with its various holdings, functions as a unified entity primarily engaged in retail electricity supply and power generation. The company organizes its operations across six distinct segments: Retail, Texas, East, West, Sunset, and Asset Closure. It directly provides electricity and natural gas to residential, commercial, and industrial clients throughout 20 U.S.
一句话结论
VST 相对自身历史处于溢价水平，处于近期价格区间的中部，近期成交量显示资金正在流出。从历史来看，这样的组合需要格外谨慎。过去的形态并不能保证未来的结果。
估值 — 相对自身历史处于溢价水平
VST 目前的市盈率为 23×，高于其自身 5 年平均的 17×，并且大致持平于我们追踪的同类Utilities公司（21×，31 家）。投资者目前为每一美元盈利付出的价格高于以往。其自由现金流收益率约为 3.0%。它当前的估值倍数大约位于自身过去五年分布的第 33 百分位——处于自身区间的偏低位置。过去一年，其报告利润中约有 68% 转化为自由现金。
价格区间 — 处于近期区间的中部
目前价格为 $138.08，位于其近期的支撑位与阻力位之间。过去一年 VST 的价格在 $132.66 到 $219.82 之间波动；其历史支撑区在 $132.66 附近，阻力区在 $150.76 附近。它同时位于 50 日和 200 日均线下方，这在历史上通常对应下降趋势。
资金流向 — 资金正在流出
VST 近期下跌日的成交量高于上涨日，这种形态常被称为派发。过去 30 个交易日，上涨日的成交量约为下跌日的 0.7×。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.