Several other research firms have also recently issued reports on VSTO. Zacks Investment Research upgraded shares of Vista Outdoor from a hold rating to a buy rating and set a $26.00 price objective on the stock in a research report on Tuesday, August 15th. Forward View set a $23.00 price objective on shares of Vista Outdoor and gave the company a hold rating in a research report on Sunday, August 13th. Aegis reiterated a hold rating and set a $26.00 price objective on shares of Vista Outdoor in a research report on Monday, August 21st. BidaskClub cut shares of Vista Outdoor from a hold rating to a sell rating in a research report on Thursday, July 27th. Finally, Roth Capital set a $21.00 price objective on shares of Vista Outdoor and gave the company a hold rating in a research report on Friday, October 6th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $23.40.
Shares of Vista Outdoor (NYSE VSTO) traded up $0.04 during trading hours on Monday, reaching $13.32. 2,724,300 shares of the company’s stock traded hands, compared to its average volume of 1,319,440. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.03 and a quick ratio of 1.63. Vista Outdoor has a twelve month low of $12.35 and a twelve month high of $41.29. The stock has a market capitalization of $761.26, a P/E ratio of 10.80, a P/E/G ratio of 1.51 and a beta of -0.12.
Vista Outdoor (NYSE:VSTO) last released its quarterly earnings data on Thursday, November 9th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.07. The firm had revenue of $587.00 million for the quarter, compared to analysts’ expectations of $588.85 million. Vista Outdoor had a negative net margin of 19.88% and a positive return on equity of 5.76%. The company’s revenue for the quarter was down 14.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.74 earnings per share. research analysts expect that Vista Outdoor will post 0.55 EPS for the current year.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Ameritas Investment Partners Inc. bought a new stake in Vista Outdoor in the second quarter worth $113,000. Sphera Funds Management LTD. bought a new stake in Vista Outdoor in the second quarter worth $135,000. Northwestern Mutual Investment Management Company LLC bought a new position in Vista Outdoor during the second quarter valued at $500,000. Profund Advisors LLC increased its position in Vista Outdoor by 7.0% during the second quarter. Profund Advisors LLC now owns 10,656 shares of the company’s stock valued at $240,000 after acquiring an additional 698 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its position in Vista Outdoor by 78.8% during the second quarter. State of Alaska Department of Revenue now owns 11,263 shares of the company’s stock valued at $253,000 after acquiring an additional 4,963 shares during the last quarter. Institutional investors own 99.97% of the company’s stock.
Vista Outdoor Company Profile
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.
Receive News & Ratings for Vista Outdoor Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vista Outdoor Inc. and related companies with MarketBeat.com's FREE daily email newsletter.