Vista Outdoor (VSTO) – Research Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for Vista Outdoor (NYSE: VSTO):

• 10/14/2024 – Vista Outdoor is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 10/7/2024 – Vista Outdoor was downgraded by analysts at Monness Crespi & Hardt from a “buy” rating to a “neutral” rating.
• 10/6/2024 – Vista Outdoor is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 9/28/2024 – Vista Outdoor is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 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.

Vista Outdoor Stock Down 0.1 %

NYSE:VSTO traded down $0.04 on Monday, reaching $44.23. The stock had a trading volume of 11,575 shares, compared to its average volume of 580,866. The company has a 50-day moving average of $39.65 and a 200 day moving average of $36.95. The company has a current ratio of 2.80, a quick ratio of 1.19 and a debt-to-equity ratio of 0.53. The stock has a market cap of $2.58 billion, a P/E ratio of -340.23 and a beta of 0.81. Vista Outdoor Inc. has a 12-month low of $23.33 and a 12-month high of $44.40.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in Vista Outdoor by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 4,982,471 shares of the company’s stock valued at $163,325,000 after acquiring an additional 54,189 shares in the last quarter. American Century Companies Inc. lifted its holdings in Vista Outdoor by 19.2% in the second quarter. American Century Companies Inc. now owns 1,352,785 shares of the company’s stock worth $50,932,000 after purchasing an additional 218,018 shares during the period. Bank of New York Mellon Corp grew its position in Vista Outdoor by 1.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 508,904 shares of the company’s stock valued at $19,160,000 after buying an additional 5,945 shares in the last quarter. Bridgeway Capital Management LLC increased its stake in Vista Outdoor by 7.0% during the 1st quarter. Bridgeway Capital Management LLC now owns 501,898 shares of the company’s stock valued at $16,452,000 after buying an additional 32,675 shares during the period. Finally, Gamco Investors INC. ET AL lifted its stake in shares of Vista Outdoor by 2.5% in the 1st quarter. Gamco Investors INC. ET AL now owns 410,125 shares of the company’s stock worth $13,444,000 after acquiring an additional 10,000 shares during the period. Institutional investors and hedge funds 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.