Vista Outdoor Inc. (NYSE:VSTO) Given Consensus Rating of “Hold” by Analysts

Vista Outdoor Inc. (NYSE:VSTO) has been given a consensus rating of “Hold” by the six brokerages that are currently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $41.20.

VSTO has been the topic of a number of recent research reports. Roth Mkm downgraded 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 Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 15th. StockNews.com initiated coverage on shares of Vista Outdoor in a research note on Monday, December 9th. They set a “buy” rating for the company. Roth Capital downgraded shares of Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 19th. Finally, Monness Crespi & Hardt cut shares of Vista Outdoor from a “buy” rating to a “neutral” rating in a research note on Monday, October 7th.

Institutional Investors Weigh In On Vista Outdoor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Blue Trust Inc. bought a new position in Vista Outdoor in the 2nd quarter worth about $36,000. Sound Income Strategies LLC purchased a new position in Vista Outdoor during the 3rd quarter worth $41,000. Innealta Capital LLC purchased a new position in Vista Outdoor during the 2nd quarter worth $76,000. Headlands Technologies LLC bought a new stake in Vista Outdoor during the 2nd quarter valued at $91,000. Finally, Priebe Wealth Holdings LLC purchased a new stake in shares of Vista Outdoor in the 3rd quarter worth $204,000. Institutional investors own 90.51% of the company’s stock.

Vista Outdoor Stock Performance

VSTO stock opened at $44.63 on Friday. The firm has a fifty day moving average price of $44.26 and a 200 day moving average price of $40.13. Vista Outdoor has a fifty-two week low of $26.05 and a fifty-two week high of $44.72. The firm has a market cap of $2.61 billion, a PE ratio of -247.94 and a beta of 0.79. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.26 and a current ratio of 2.90.

Vista Outdoor (NYSE:VSTO) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.11. Vista Outdoor had a negative net margin of 0.34% and a positive return on equity of 19.53%. The business had revenue of $665.92 million during the quarter, compared to analysts’ expectations of $666.72 million. During the same period last year, the company posted $0.96 EPS. The business’s revenue was down 1.6% on a year-over-year basis. Sell-side analysts anticipate that Vista Outdoor will post 4 earnings per share for the current fiscal year.

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.