Vista Outdoor (VSTO) Set to Announce Quarterly Earnings on Wednesday

Vista Outdoor (NYSE:VSTO - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect Vista Outdoor to post earnings of $0.92 per share for the quarter. Vista Outdoor has set its FY25 guidance at $3.60-4.50 EPS.

Vista Outdoor (NYSE:VSTO - Get Free Report) last released its quarterly earnings results on Monday, August 5th. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.04. The business had revenue of $644.18 million during the quarter, compared to analysts' expectations of $664.05 million. Vista Outdoor had a positive return on equity of 19.18% and a negative net margin of 0.24%. The firm's revenue for the quarter was down 7.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.12 EPS. On average, analysts expect Vista Outdoor to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Vista Outdoor Price Performance

Shares of NYSE VSTO traded up $0.11 during midday trading on Wednesday, reaching $44.01. 419,950 shares of the stock traded hands, compared to its average volume of 584,993. The company's 50 day moving average is $41.05 and its 200 day moving average is $37.92. Vista Outdoor has a one year low of $24.30 and a one year high of $44.40. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.80 and a quick ratio of 1.19. The stock has a market capitalization of $2.57 billion, a PE ratio of -338.54 and a beta of 0.81.

Wall Street Analysts Forecast Growth

Several research firms have commented on VSTO. Roth Mkm lowered shares of Vista Outdoor from a "buy" rating to a "neutral" rating and set a $42.00 price objective for the company. in a research report on Thursday, September 19th. Roth Capital downgraded shares of Vista Outdoor from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 19th. Aegis raised Vista Outdoor from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 14th. Lake Street Capital raised their price objective on Vista Outdoor from $37.00 to $40.00 and gave the company a "hold" rating in a research note on Monday, July 15th. Finally, Monness Crespi & Hardt downgraded Vista Outdoor from a "buy" rating to a "neutral" rating in a research report on Monday, October 7th. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $41.20.

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.