A number of other equities research analysts also recently commented on the stock. BidaskClub downgraded shares of Vista Outdoor from a buy rating to a hold rating in a research report on Saturday, October 7th. Zacks Investment Research upgraded shares of Vista Outdoor from a hold rating to a buy rating and set a $26.00 price objective for the company in a research report on Tuesday, August 15th. Aegis restated a hold rating and issued a $26.00 price objective on shares of Vista Outdoor in a research report on Monday, August 21st. Finally, DA Davidson downgraded shares of Vista Outdoor from a buy rating to a neutral rating in a research report on Thursday, November 9th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The company has an average rating of Hold and an average target price of $23.40.
Shares of Vista Outdoor (NYSE:VSTO) opened at $13.32 on Friday. Vista Outdoor has a 12 month low of $12.35 and a 12 month high of $41.29. The firm has a market cap of $761.26, a PE ratio of 10.80, a PEG ratio of 1.51 and a beta of -0.12. The company has a current ratio of 3.03, a quick ratio of 1.63 and a debt-to-equity ratio of 0.86.
Vista Outdoor (NYSE:VSTO) last announced its earnings results on Thursday, November 9th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.07. Vista Outdoor had a negative net margin of 19.88% and a positive return on equity of 5.76%. The business had revenue of $587.00 million during the quarter, compared to the consensus estimate of $588.85 million. During the same quarter in the prior year, the firm earned $0.74 earnings per share. The business’s quarterly revenue was down 14.2% compared to the same quarter last year. research analysts expect that Vista Outdoor will post 0.55 EPS for the current fiscal year.
COPYRIGHT VIOLATION WARNING: “Vista Outdoor Inc. (VSTO) Given Hold Rating at KeyCorp” was published by Markets Daily and is the sole property of of Markets Daily. If you are viewing this news story on another site, it was stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this news story can be read at https://www.themarketsdaily.com/2017/11/14/vista-outdoor-inc-vsto-given-hold-rating-at-keycorp.html.
Institutional investors have recently modified their holdings of the business. FMR LLC increased its holdings in Vista Outdoor by 70.0% in the second quarter. FMR LLC now owns 6,894,441 shares of the company’s stock valued at $155,194,000 after buying an additional 2,838,686 shares in the last quarter. South Dakota Investment Council purchased a new position in Vista Outdoor in the second quarter valued at about $1,486,000. Piedmont Investment Advisors LLC purchased a new position in Vista Outdoor in the second quarter valued at about $278,000. BlackRock Inc. increased its holdings in Vista Outdoor by 16,839.6% in the first quarter. BlackRock Inc. now owns 5,667,641 shares of the company’s stock valued at $116,698,000 after buying an additional 5,634,183 shares in the last quarter. Finally, Fred Alger Management Inc. purchased a new position in Vista Outdoor in the second quarter valued at about $1,274,000. 99.97% of the stock is owned by institutional investors.
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.