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

StockNews.com assumed coverage on shares of Vista Outdoor (NYSE:VSTO) in a report released on Saturday morning. The brokerage issued a buy rating on the stock.

VSTO has been the subject of several other reports. Monness Crespi & Hardt boosted their target price on Vista Outdoor from $34.00 to $37.00 and gave the stock a buy rating in a research note on Friday, February 2nd. Roth Mkm raised Vista Outdoor from a neutral rating to a buy rating and boosted their target price for the stock from $31.00 to $38.00 in a research note on Thursday, April 4th. Finally, Roth Capital raised Vista Outdoor from a neutral rating to a buy rating in a research note on Thursday, April 4th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Vista Outdoor has a consensus rating of Buy and a consensus target price of $34.67.

Vista Outdoor Trading Down 0.9 %

Shares of NYSE VSTO opened at $32.15 on Friday. Vista Outdoor has a twelve month low of $23.33 and a twelve month high of $33.96. The company has a current ratio of 2.58, a quick ratio of 1.09 and a debt-to-equity ratio of 0.71. The stock has a fifty day simple moving average of $31.75 and a 200-day simple moving average of $29.27. The stock has a market capitalization of $1.87 billion, a PE ratio of -5.38 and a beta of 0.96.

Vista Outdoor (NYSE:VSTO) last issued its quarterly earnings data on Wednesday, January 31st. The company reported $0.80 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.04). Vista Outdoor had a negative net margin of 12.17% and a positive return on equity of 20.00%. The firm had revenue of $682.25 million during the quarter, compared to analyst estimates of $687.85 million. On average, equities analysts forecast that Vista Outdoor will post 3.87 earnings per share for the current year.

Institutional Trading of Vista Outdoor

A number of institutional investors have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD lifted its holdings in Vista Outdoor by 3.0% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 11,246 shares of the company’s stock worth $314,000 after buying an additional 323 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of Vista Outdoor by 0.3% in the 1st quarter. Rhumbline Advisers now owns 125,532 shares of the company’s stock valued at $4,480,000 after purchasing an additional 334 shares during the last quarter. Vident Advisory LLC lifted its holdings in shares of Vista Outdoor by 3.2% in the 4th quarter. Vident Advisory LLC now owns 11,480 shares of the company’s stock valued at $339,000 after purchasing an additional 356 shares during the last quarter. SummerHaven Investment Management LLC lifted its holdings in shares of Vista Outdoor by 1.5% in the 4th quarter. SummerHaven Investment Management LLC now owns 25,307 shares of the company’s stock valued at $748,000 after purchasing an additional 373 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Vista Outdoor by 68.4% in the 3rd quarter. CWM LLC now owns 997 shares of the company’s stock valued at $33,000 after purchasing an additional 405 shares during the last quarter. 90.51% of the stock is owned by hedge funds and other institutional investors.

Vista Outdoor Company Profile

Vista Outdoor Inc designs, manufactures, and markets outdoor recreation and shooting sports products. in the United States and internationally. The company operates through two segments, Sporting Products and Outdoor Products. The Sporting Products segment designs, develops, manufactures, and distributes ammunitions, components, and related equipment and accessories for hunters, recreational shooters, federal and local law enforcement agencies, and military.