Investment Analysts’ Weekly Ratings Changes for Vista Outdoor (VSTO)

A number of firms have modified their ratings and price targets on shares of Vista Outdoor (NYSE: VSTO) recently:

• 9/20/2024 – Vista Outdoor is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 9/19/2024 – Vista Outdoor was downgraded by analysts at Roth Mkm from a “buy” rating to a “neutral” rating. They now have a $42.00 price target on the stock.
• 9/19/2024 – Vista Outdoor was downgraded by analysts at Roth Capital from a “strong-buy” rating to a “hold” rating.
• 9/12/2024 – Vista Outdoor is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 9/4/2024 – Vista Outdoor is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 8/27/2024 – Vista Outdoor is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 8/19/2024 – Vista Outdoor is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 8/14/2024 – Vista Outdoor was upgraded by analysts at Aegis from a “hold” rating to a “strong-buy” rating.
• 8/11/2024 – Vista Outdoor is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 8/7/2024 – Vista Outdoor was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating. They now have a $43.00 price target on the stock.
• 8/6/2024 – Vista Outdoor had its “hold” rating reaffirmed by analysts at Aegis. They now have a $40.00 price target on the stock.
• 8/3/2024 – Vista Outdoor is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 7/26/2024 – Vista Outdoor is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.

Vista Outdoor Stock Performance

Shares of NYSE VSTO opened at $39.25 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.80 and a quick ratio of 1.19. Vista Outdoor Inc. has a one year low of $23.33 and a one year high of $41.11. The business’s 50-day moving average price is $39.03 and its two-hundred day moving average price is $36.08. The company has a market capitalization of $2.29 billion, a P/E ratio of -356.82 and a beta of 0.81.

Vista Outdoor (NYSE:VSTO) last released its quarterly earnings data on Monday, August 5th. The company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.04. The firm had revenue of $644.18 million for the quarter, compared to the consensus estimate of $664.05 million. Vista Outdoor had a positive return on equity of 19.18% and a negative net margin of 0.24%. The firm’s revenue was down 7.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.12 earnings per share. Analysts anticipate that Vista Outdoor Inc. will post 3.98 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Vista Outdoor

A number of large investors have recently added to or reduced their stakes in the stock. Quadrature Capital Ltd boosted its holdings in Vista Outdoor by 228.0% during the fourth quarter. Quadrature Capital Ltd now owns 34,650 shares of the company’s stock valued at $1,025,000 after acquiring an additional 24,087 shares during the period. ProShare Advisors LLC grew its holdings in Vista Outdoor by 7.4% in the 1st quarter. ProShare Advisors LLC now owns 11,658 shares of the company’s stock valued at $382,000 after buying an additional 802 shares during the last quarter. Bridgeway Capital Management LLC increased its position in Vista Outdoor by 19.4% in the 4th quarter. Bridgeway Capital Management LLC now owns 469,223 shares of the company’s stock worth $13,875,000 after buying an additional 76,353 shares during the period. Gabelli Funds LLC lifted its holdings in shares of Vista Outdoor by 445.4% during the fourth quarter. Gabelli Funds LLC now owns 107,981 shares of the company’s stock worth $3,193,000 after buying an additional 88,181 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its position in shares of Vista Outdoor by 10.3% in the first quarter. Russell Investments Group Ltd. now owns 91,608 shares of the company’s stock valued at $3,003,000 after acquiring an additional 8,521 shares during the period. Institutional investors own 90.51% of the company’s stock.

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.