News stories about Vista Outdoor (NYSE:VSTO) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Vista Outdoor earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.1485182807363 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- Vista Outdoor (VSTO) versus Winnebago Industries (WGO) Head to Head Review (americanbankingnews.com)
- Vista Outdoor Sees Unusually High Options Volume (VSTO) (americanbankingnews.com)
- Thor Industries (THO) versus Vista Outdoor (VSTO) Financial Review (americanbankingnews.com)
- Why Gun Stocks Plunged in August (fool.com)
Vista Outdoor (VSTO) traded up 0.78% during midday trading on Monday, hitting $20.65. 1,157,614 shares of the stock traded hands. The stock has a 50-day moving average of $22.41 and a 200 day moving average of $21.45. Vista Outdoor has a 52-week low of $18.32 and a 52-week high of $41.29. The firm’s market cap is $1.18 billion.
Vista Outdoor (NYSE:VSTO) last announced its quarterly earnings results on Thursday, August 10th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.11. The firm had revenue of $569 million for the quarter, compared to analysts’ expectations of $552.49 million. Vista Outdoor had a negative net margin of 11.55% and a positive return on equity of 7.02%. The company’s revenue was down 9.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 EPS. Equities analysts forecast that Vista Outdoor will post $1.24 EPS for the current year.
VSTO has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of Vista Outdoor from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 19th. KeyCorp initiated coverage on shares of Vista Outdoor in a research report on Wednesday, August 30th. They issued an “overweight” rating on the stock. Cowen and Company restated a “hold” rating and issued a $26.00 price objective on shares of Vista Outdoor in a research report on Tuesday, July 11th. DA Davidson upgraded shares of Vista Outdoor from a “neutral” rating to a “buy” rating and boosted their price target for the company from $23.00 to $29.00 in a research report on Thursday, June 8th. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $28.00 price target on shares of Vista Outdoor in a research report on Friday, July 14th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $29.54.
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About Vista Outdoor
Vista Outdoor Inc is a designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets. The Company operates through two segments: Shooting Sports and Outdoor Products. Its Shooting Sports segment designs, develops, produces and sources ammunition and firearms for the hunting and sport shooting enthusiast markets, as well as ammunition for local law enforcement, the United States Government and international markets.
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