Vista Outdoor (NYSE:VSTO) received a $19.00 price target from investment analysts at Roth Capital in a research note issued to investors on Saturday. The firm currently has a “hold” rating on the stock. Roth Capital’s price target would indicate a potential upside of 3.54% from the stock’s previous close.
Other equities analysts have also recently issued reports about the company. Cowen restated a “hold” rating and set a $14.50 price objective on shares of Vista Outdoor in a research note on Tuesday, May 1st. DA Davidson restated a “hold” rating on shares of Vista Outdoor in a research note on Monday, May 7th. ValuEngine cut Vista Outdoor from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Finally, Zacks Investment Research cut Vista Outdoor from a “hold” rating to a “sell” rating in a research note on Saturday, April 21st. Four analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $18.75.
NYSE VSTO traded down $0.57 on Friday, reaching $18.35. The company had a trading volume of 687,047 shares, compared to its average volume of 471,073. The stock has a market cap of $1.09 billion, a PE ratio of 36.70 and a beta of -0.31. Vista Outdoor has a 1 year low of $12.35 and a 1 year high of $24.83. The company has a quick ratio of 1.96, a current ratio of 2.61 and a debt-to-equity ratio of 0.72.
Vista Outdoor (NYSE:VSTO) last released its quarterly earnings results on Thursday, August 9th. The company reported $0.00 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.08. The firm had revenue of $528.84 million during the quarter, compared to analysts’ expectations of $542.54 million. Vista Outdoor had a positive return on equity of 1.22% and a negative net margin of 5.70%. Vista Outdoor’s quarterly revenue was down 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 EPS. sell-side analysts anticipate that Vista Outdoor will post 0.2 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently modified their holdings of VSTO. Profund Advisors LLC bought a new position in Vista Outdoor during the first quarter valued at about $164,000. Jane Street Group LLC acquired a new position in shares of Vista Outdoor in the 1st quarter valued at $172,000. Koch Industries Inc. acquired a new position in shares of Vista Outdoor in the 1st quarter valued at $177,000. NumerixS Investment Technologies Inc boosted its position in shares of Vista Outdoor by 34.9% in the 2nd quarter. NumerixS Investment Technologies Inc now owns 11,200 shares of the company’s stock valued at $177,000 after purchasing an additional 2,898 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Vista Outdoor by 140.4% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 11,441 shares of the company’s stock valued at $187,000 after purchasing an additional 6,681 shares during the period.
About Vista Outdoor
Vista Outdoor Inc designs, manufactures, and markets consumer products for outdoor sports and recreation markets in the United States and internationally. The company operates through Outdoor Products and Shooting Sports segments. The Outdoor Products segment offer sports products for action sports, including helmets, goggles, and accessories for cycling, snow, action, and power sports; archery/hunting accessories, such as hunting arrows, game calls, hunting blinds, game cameras, and waterfowl decoys; outdoor cooking solutions for camping; eyewear and sport protection products, including safety and protective eyewear, and fashion and sports eyewear; golf products, such as laser rangefinders; hydration products comprising hydration packs and water bottles; optical products, such as binoculars, riflescopes, and telescopes; shooting accessories, including reloading equipment, clay targets, and premium gun care products; tactical products, such as holsters, duty gear, bags, and packs; and water sports products, including stand up paddle boards.
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