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

Equities research analysts at StockNews.com started coverage on shares of Vista Outdoor (NYSE:VSTO - Get Free Report) in a research note issued to investors on Thursday. The brokerage set a "buy" rating on the stock.

A number of other equities research analysts also recently issued reports on the company. Roth Capital downgraded Vista Outdoor from a "strong-buy" rating to a "hold" rating in a research report on Thursday, September 19th. Lake Street Capital upped their target price on Vista Outdoor from $37.00 to $40.00 and gave the stock a "hold" rating in a research report on Monday, July 15th. B. Riley downgraded Vista Outdoor from a "buy" rating to a "neutral" rating and set a $43.00 target price for the company. in a research report on Wednesday, August 7th. Aegis raised Vista Outdoor from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 14th. Finally, Monness Crespi & Hardt downgraded Vista Outdoor from a "buy" rating to a "neutral" rating in a research report on Monday, October 7th. Five investment 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 company. According to MarketBeat.com, Vista Outdoor presently has an average rating of "Hold" and an average price target of $41.20.

Vista Outdoor Price Performance

Shares of NYSE VSTO traded down $0.08 during trading on Thursday, reaching $44.13. The company had a trading volume of 1,045,627 shares, compared to its average volume of 595,312. The stock has a market capitalization of $2.58 billion, a PE ratio of -340.08 and a beta of 0.79. The stock has a 50-day moving average price of $41.52 and a two-hundred day moving average price of $38.33. Vista Outdoor has a twelve month low of $24.30 and a twelve month high of $44.48. The company has a current ratio of 2.80, a quick ratio of 1.19 and a debt-to-equity ratio of 0.53.

Vista Outdoor (NYSE:VSTO - Get Free Report) last released its earnings results on Wednesday, November 6th. The company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.92 by $0.11. The firm had revenue of $665.92 million during the quarter, compared to analyst estimates of $666.72 million. Vista Outdoor had a positive return on equity of 19.18% and a negative net margin of 0.24%. The business's quarterly revenue was down 1.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.96 earnings per share. As a group, sell-side analysts predict that Vista Outdoor will post 3.98 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of VSTO. Arizona State Retirement System raised its holdings in shares of Vista Outdoor by 2.0% during the second quarter. Arizona State Retirement System now owns 15,464 shares of the company's stock worth $582,000 after purchasing an additional 303 shares during the period. Kennedy Capital Management LLC raised its holdings in shares of Vista Outdoor by 3.7% during the first quarter. Kennedy Capital Management LLC now owns 9,379 shares of the company's stock worth $307,000 after purchasing an additional 333 shares during the period. Natixis Advisors LLC raised its holdings in shares of Vista Outdoor by 3.6% during the third quarter. Natixis Advisors LLC now owns 11,369 shares of the company's stock worth $445,000 after purchasing an additional 394 shares during the period. SummerHaven Investment Management LLC raised its holdings in shares of Vista Outdoor by 1.7% during the second quarter. SummerHaven Investment Management LLC now owns 26,072 shares of the company's stock worth $982,000 after purchasing an additional 443 shares during the period. Finally, Louisiana State Employees Retirement System increased its holdings in shares of Vista Outdoor by 1.7% in the 2nd quarter. Louisiana State Employees Retirement System now owns 29,300 shares of the company's stock worth $1,103,000 after acquiring an additional 500 shares during the period. Hedge funds and other institutional investors 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.