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

StockNews.com initiated coverage on shares of Vista Outdoor (NYSE:VSTO) in a report released on Monday. The brokerage set a “buy” rating on the stock.

Several other equities research analysts have also recently commented on VSTO. Aegis cut shares of Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 15th. Monness Crespi & Hardt lowered shares of Vista Outdoor from a “buy” rating to a “neutral” rating in a report on Monday, October 7th. Roth Mkm downgraded Vista Outdoor from a “buy” rating to a “neutral” rating and set a $42.00 price target on the stock. in a research note on Thursday, September 19th. Finally, Roth Capital lowered Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 19th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Vista Outdoor currently has a consensus rating of “Hold” and an average target price of $41.20.

Vista Outdoor Trading Up 0.5 %

Shares of NYSE VSTO opened at $44.63 on Monday. Vista Outdoor has a 1-year low of $26.05 and a 1-year high of $44.72. The company has a 50-day moving average of $43.72 and a two-hundred day moving average of $39.82. The company has a market cap of $2.61 billion, a PE ratio of -247.94 and a beta of 0.79. The company has a current ratio of 2.90, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48.

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

Hedge Funds Weigh In On Vista Outdoor

Large investors have recently bought and sold shares of the company. Arizona State Retirement System grew its holdings in shares of Vista Outdoor by 2.0% in the 2nd quarter. Arizona State Retirement System now owns 15,464 shares of the company’s stock valued at $582,000 after acquiring an additional 303 shares in the last quarter. Natixis Advisors LLC grew its stake in Vista Outdoor by 3.6% in the third quarter. Natixis Advisors LLC now owns 11,369 shares of the company’s stock valued at $445,000 after purchasing an additional 394 shares in the last quarter. BNP Paribas Financial Markets grew its stake in Vista Outdoor by 1.7% in the third quarter. BNP Paribas Financial Markets now owns 24,501 shares of the company’s stock valued at $960,000 after purchasing an additional 400 shares in the last quarter. SummerHaven Investment Management LLC increased its position in shares of Vista Outdoor by 1.7% during the 2nd 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 last quarter. Finally, Louisiana State Employees Retirement System raised its stake in shares of Vista Outdoor by 1.7% during the 2nd quarter. Louisiana State Employees Retirement System now owns 29,300 shares of the company’s stock worth $1,103,000 after purchasing an additional 500 shares in the last quarter. Institutional investors and hedge funds 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.