Vista Outdoor (VSTO) Scheduled to Post Quarterly Earnings on Wednesday

Vista Outdoor (NYSE:VSTO) is scheduled to announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce 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) last posted its quarterly earnings data on Monday, August 5th. The company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.97 by $0.04. Vista Outdoor had a negative net margin of 0.24% and a positive return on equity of 19.18%. The business had revenue of $644.18 million for the quarter, compared to analyst estimates of $664.05 million. During the same quarter in the previous year, the firm posted $1.12 earnings per share. Vista Outdoor’s quarterly revenue was down 7.1% on a year-over-year basis. 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 opened at $43.90 on Wednesday. The company has a 50 day simple moving average of $40.95 and a two-hundred day simple moving average of $37.88. Vista Outdoor has a fifty-two week low of $24.30 and a fifty-two week high of $44.40. The company has a market capitalization of $2.56 billion, a price-to-earnings ratio of -337.69 and a beta of 0.81. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.19 and a current ratio of 2.80.

Analysts Set New Price Targets

A number of research analysts recently weighed in on VSTO shares. Monness Crespi & Hardt lowered Vista Outdoor from a “buy” rating to a “neutral” rating in a research report on Monday, October 7th. StockNews.com started coverage on Vista Outdoor in a report on Wednesday. They set a “buy” rating for the company. Lake Street Capital upped their price target on shares of Vista Outdoor from $37.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, July 15th. Roth Capital lowered shares of Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 19th. Finally, Roth Mkm cut shares of Vista Outdoor from a “buy” rating to a “neutral” rating and set a $42.00 target price for the company. in a report on Thursday, September 19th. Five analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $41.20.

About Vista Outdoor

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.