Vista Outdoor (NYSE:VSTO) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Vista Outdoor (NYSE:VSTO) in a research report report published on Sunday. The firm issued a buy rating on the stock.

Other research analysts also recently issued research reports about the stock. Roth Capital upgraded shares of Vista Outdoor from a neutral rating to a buy rating in a research report on Thursday, April 4th. Monness Crespi & Hardt upped their price objective on shares of Vista Outdoor from $34.00 to $37.00 and gave the stock a buy rating in a research report on Friday, February 2nd. Finally, Roth Mkm raised shares of Vista Outdoor from a neutral rating to a buy rating and boosted their target price for the stock from $31.00 to $38.00 in a research note on Thursday, April 4th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of Buy and an average target price of $34.67.

Vista Outdoor Trading Up 0.6 %

NYSE VSTO opened at $32.36 on Friday. The company has a market capitalization of $1.88 billion, a PE ratio of -5.41 and a beta of 0.96. The company has a fifty day moving average of $31.89 and a 200 day moving average of $29.28. Vista Outdoor has a 1 year low of $23.33 and a 1 year high of $33.96. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.58 and a quick ratio of 1.09.

Vista Outdoor (NYSE:VSTO) last posted its earnings results on Wednesday, January 31st. The company reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.04). The business had revenue of $682.25 million for the quarter, compared to analyst estimates of $687.85 million. Vista Outdoor had a negative net margin of 12.17% and a positive return on equity of 20.00%. Research analysts forecast that Vista Outdoor will post 3.87 earnings per share for the current year.

Institutional Trading of Vista Outdoor

A number of institutional investors and hedge funds have recently modified their holdings of VSTO. Wasatch Advisors LP purchased a new stake in shares of Vista Outdoor during the first quarter worth about $31,979,000. Pacer Advisors Inc. grew its stake in Vista Outdoor by 57.4% during the 4th quarter. Pacer Advisors Inc. now owns 2,980,595 shares of the company’s stock valued at $88,136,000 after acquiring an additional 1,086,671 shares in the last quarter. Cooper Creek Partners Management LLC grew its stake in Vista Outdoor by 45.5% during the 3rd quarter. Cooper Creek Partners Management LLC now owns 2,703,561 shares of the company’s stock valued at $89,542,000 after acquiring an additional 844,865 shares in the last quarter. Black Diamond Capital Management L.L.C. grew its stake in Vista Outdoor by 149.9% during the 4th quarter. Black Diamond Capital Management L.L.C. now owns 695,303 shares of the company’s stock valued at $20,560,000 after acquiring an additional 417,050 shares in the last quarter. Finally, Norges Bank purchased a new stake in Vista Outdoor during the 4th quarter valued at about $9,884,000. 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.