Vista Outdoor (NYSE:VSTO) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Vista Outdoor (NYSE:VSTO - Free Report) in a research note published on Sunday. The firm issued a buy rating on the stock.

Other analysts also recently issued reports about the company. B. Riley downgraded Vista Outdoor from a "buy" rating to a "neutral" rating and set a $43.00 target price on the stock. in a research note on Wednesday, August 7th. Roth Mkm cut shares of Vista Outdoor from a "buy" rating to a "neutral" rating and set a $42.00 price objective on the stock. in a research report on Thursday, September 19th. Aegis downgraded shares of Vista Outdoor from a "strong-buy" rating to a "hold" rating in a report on Friday, November 15th. Roth Capital cut shares of Vista Outdoor from a "strong-buy" rating to a "hold" rating in a research report on Thursday, September 19th. Finally, Monness Crespi & Hardt downgraded Vista Outdoor from a "buy" rating to a "neutral" rating in a research report on Monday, October 7th. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's 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 Price Performance

NYSE:VSTO remained flat at $44.63 during trading hours on Friday. Vista Outdoor has a twelve month low of $26.05 and a twelve month high of $44.72. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.90 and a quick ratio of 1.26. The business's 50 day moving average price is $43.20 and its two-hundred day moving average price is $39.42. The stock has a market capitalization of $2.61 billion, a PE ratio of -247.94 and a beta of 0.79.

Vista Outdoor (NYSE:VSTO - Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported $1.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.92 by $0.11. The company had revenue of $665.92 million during the quarter, compared to analyst estimates of $666.72 million. Vista Outdoor had a negative net margin of 0.34% and a positive return on equity of 19.53%. Vista Outdoor's revenue for the quarter was down 1.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.96 earnings per share. As a group, analysts forecast that Vista Outdoor will post 4 earnings per share for the current year.

Institutional Investors Weigh In On Vista Outdoor

Several institutional investors and hedge funds have recently added to or reduced their stakes in VSTO. State Street Corp boosted its position in shares of Vista Outdoor by 1.6% during the 3rd quarter. State Street Corp now owns 2,180,898 shares of the company's stock valued at $85,448,000 after acquiring an additional 35,003 shares during the last quarter. Geode Capital Management LLC increased its holdings in Vista Outdoor by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 1,355,917 shares of the company's stock valued at $53,135,000 after purchasing an additional 17,621 shares during the last quarter. American Century Companies Inc. lifted its stake in Vista Outdoor by 19.2% during the 2nd quarter. American Century Companies Inc. now owns 1,352,785 shares of the company's stock worth $50,932,000 after acquiring an additional 218,018 shares in the last quarter. Westchester Capital Management LLC acquired a new position in shares of Vista Outdoor in the third quarter valued at approximately $34,842,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Vista Outdoor by 0.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 871,505 shares of the company's stock worth $34,146,000 after buying an additional 2,411 shares in the last quarter. Institutional investors and hedge funds own 90.51% of the company's stock.

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.