Vista Outdoor Inc. (NYSE:VSTO) Given Consensus Rating of “Buy” by Analysts

Vista Outdoor Inc. (NYSE:VSTO) has been given an average recommendation of “Buy” by the five analysts that are currently covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a buy recommendation. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $34.67.

A number of research firms have recently commented on VSTO. Roth Mkm upgraded Vista Outdoor from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $31.00 to $38.00 in a research report on Thursday, April 4th. Roth Capital raised Vista Outdoor from a “neutral” rating to a “buy” rating in a report on Thursday, April 4th. Monness Crespi & Hardt lifted their target price on shares of Vista Outdoor from $34.00 to $37.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Finally, StockNews.com initiated coverage on shares of Vista Outdoor in a research note on Tuesday. They set a “buy” rating for the company.

Vista Outdoor Stock Down 0.7 %

Vista Outdoor stock opened at $35.67 on Friday. The stock’s fifty day moving average is $33.16 and its two-hundred day moving average is $29.85. The stock has a market cap of $2.07 billion, a PE ratio of -5.96 and a beta of 0.93. Vista Outdoor has a 1-year low of $23.33 and a 1-year high of $36.37. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.58 and a quick ratio of 1.09.

Institutional Investors Weigh In On Vista Outdoor

Institutional investors and hedge funds have recently bought and sold shares of the stock. SummerHaven Investment Management LLC boosted its holdings in shares of Vista Outdoor by 1.5% in the 4th quarter. SummerHaven Investment Management LLC now owns 25,307 shares of the company’s stock valued at $748,000 after purchasing an additional 373 shares during the last quarter. CWM LLC boosted its position in Vista Outdoor by 68.4% during the 3rd quarter. CWM LLC now owns 997 shares of the company’s stock worth $33,000 after purchasing an additional 405 shares during the period. State Board of Administration of Florida Retirement System raised its position in Vista Outdoor by 3.1% in the third quarter. State Board of Administration of Florida Retirement System now owns 16,501 shares of the company’s stock valued at $547,000 after purchasing an additional 490 shares during the period. Arizona State Retirement System lifted its stake in shares of Vista Outdoor by 3.9% during the third quarter. Arizona State Retirement System now owns 16,510 shares of the company’s stock worth $547,000 after purchasing an additional 617 shares in the last quarter. Finally, Fifth Third Bancorp grew its position in Vista Outdoor by 208.6% in the third quarter. Fifth Third Bancorp now owns 969 shares of the company’s stock valued at $32,000 after acquiring an additional 655 shares in the last quarter. Hedge funds and other institutional investors own 90.51% of the company’s stock.

Vista Outdoor Company Profile

Vista Outdoor Inc designs, manufactures, and markets outdoor recreation and shooting sports products. in the United States and internationally. The company operates through two segments, Sporting Products and Outdoor Products. The Sporting Products segment designs, develops, manufactures, and distributes ammunitions, components, and related equipment and accessories for hunters, recreational shooters, federal and local law enforcement agencies, and military.