Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Vista Outdoor (VSTO) Share Price

Media coverage about Vista Outdoor (NYSE:VSTO) has been trending somewhat positive on Saturday, Accern Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Vista Outdoor earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.0084782755356 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the media headlines that may have impacted Accern’s analysis:

A number of brokerages have issued reports on VSTO. BidaskClub upgraded Vista Outdoor from a “sell” rating to a “hold” rating in a research report on Friday, October 20th. Zacks Investment Research upgraded Vista Outdoor from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Thursday, October 12th. Roth Capital set a $21.00 price target on Vista Outdoor and gave the stock a “hold” rating in a research report on Friday, October 6th. Cowen and Company reiterated a “hold” rating and set a $14.50 price target on shares of Vista Outdoor in a research report on Monday, November 13th. Finally, KeyCorp reiterated a “hold” rating on shares of Vista Outdoor in a research report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $23.40.

Vista Outdoor (NYSE:VSTO) traded up $0.60 during midday trading on Friday, hitting $14.81. The stock had a trading volume of 1,203,786 shares, compared to its average volume of 1,324,439. The stock has a market capitalization of $814.57 and a P/E ratio of 11.12. Vista Outdoor has a 1-year low of $12.35 and a 1-year high of $41.29. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.63 and a current ratio of 3.03.

Vista Outdoor (NYSE:VSTO) last released its earnings results on Thursday, November 9th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.07. The business had revenue of $587.00 million for the quarter, compared to the consensus estimate of $588.85 million. Vista Outdoor had a positive return on equity of 5.76% and a negative net margin of 19.88%. The business’s quarterly revenue 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 forecast that Vista Outdoor will post 0.69 EPS for the current fiscal year.

In other news, Director Tig H. Krekel bought 3,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were acquired at an average price of $13.33 per share, for a total transaction of $39,990.00. Following the completion of the transaction, the director now directly owns 7,684 shares in the company, valued at approximately $102,427.72. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.50% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Vista Outdoor (NYSE:VSTO)

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