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

StockNews.com assumed coverage on shares of Vista Outdoor (NYSE:VSTO) in a research note released on Saturday. The firm issued a buy rating on the stock.

Other analysts have also issued research reports about the company. B. Riley lowered Vista Outdoor from a “buy” rating to a “neutral” rating and set a $43.00 target price for the company. in a report on Wednesday, August 7th. Roth Capital downgraded shares of Vista Outdoor from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 19th. Monness Crespi & Hardt cut shares of Vista Outdoor from a “buy” rating to a “neutral” rating in a report on Monday, October 7th. Aegis lowered shares of Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 15th. Finally, Roth Mkm downgraded Vista Outdoor from a “buy” rating to a “neutral” rating and set a $42.00 price target on the stock. in a research report on Thursday, September 19th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $41.20.

Vista Outdoor Trading Down 0.0 %

Shares of NYSE VSTO opened at $44.41 on Friday. Vista Outdoor has a twelve month low of $26.05 and a twelve month high of $44.53. The firm has a market cap of $2.59 billion, a PE ratio of -246.69 and a beta of 0.79. The business has a fifty day simple moving average of $42.80 and a two-hundred day simple moving average of $39.18. The company has a quick ratio of 1.26, a current ratio of 2.90 and a debt-to-equity ratio of 0.48.

Vista Outdoor (NYSE:VSTO) last released its quarterly earnings data on Wednesday, November 6th. The company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.11. Vista Outdoor had a negative net margin of 0.34% and a positive return on equity of 19.53%. The company had revenue of $665.92 million during the quarter, compared to analyst estimates of $666.72 million. During the same period in the prior year, the firm earned $0.96 earnings per share. The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year. Analysts expect that Vista Outdoor will post 4 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Blue Trust Inc. acquired a new position in Vista Outdoor during the second quarter valued at $36,000. Sound Income Strategies LLC purchased a new position in shares of Vista Outdoor in the 3rd quarter valued at about $41,000. Innealta Capital LLC acquired a new position in shares of Vista Outdoor during the 2nd quarter worth approximately $76,000. Headlands Technologies LLC purchased a new position in Vista Outdoor during the second quarter valued at $91,000. Finally, Priebe Wealth Holdings LLC acquired a new stake in Vista Outdoor in the 3rd quarter worth about $204,000. 90.51% of the stock is currently owned by hedge funds and other institutional investors.

Vista Outdoor Company Profile

Vista Outdoor Inc designs, manufactures, and markets outdoor recreation and shooting sports products. in the United States and internationally. The Kinetic Group segment designs, develops, distributes, and manufactures ammunition, primers, and components for hunters, recreational shooters, federal and local law enforcement agencies, and the military.