Shares of Vista Outdoor Inc. (NYSE:VSTO) have been given an average recommendation of “Hold” by the thirteen research firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $20.33.
VSTO has been the topic of several research analyst reports. BidaskClub upgraded shares of Vista Outdoor from a “sell” rating to a “hold” rating in a report on Friday, September 15th. KeyCorp initiated coverage on shares of Vista Outdoor in a report on Wednesday, August 30th. They set an “overweight” rating on the stock. Zacks Investment Research upgraded shares of Vista Outdoor from a “strong sell” rating to a “hold” rating in a report on Friday, November 17th. Jefferies Group restated a “buy” rating on shares of Vista Outdoor in a report on Wednesday, October 11th. Finally, Cowen restated a “hold” rating and set a $26.00 target price on shares of Vista Outdoor in a report on Wednesday, October 4th.
In related news, CEO Christopher T. Metz acquired 6,500 shares of Vista Outdoor stock in a transaction on Tuesday, December 5th. The stock was purchased at an average cost of $14.86 per share, with a total value of $96,590.00. Following the completion of the transaction, the chief executive officer now directly owns 87,256 shares in the company, valued at approximately $1,296,624.16. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Tig H. Krekel acquired 3,000 shares of Vista Outdoor stock in a transaction on Monday, November 13th. The shares were bought at an average cost of $13.33 per share, with a total value of $39,990.00. Following the completion of the transaction, the director now owns 7,684 shares of the company’s stock, valued at $102,427.72. The disclosure for this purchase can be found here. Insiders purchased 16,000 shares of company stock valued at $231,165 over the last three months. 1.50% of the stock is owned by company insiders.
Vista Outdoor (NYSE:VSTO) opened at $14.98 on Thursday. The stock has a market cap of $858.71 and a PE ratio of 12.31. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.03 and a quick ratio of 1.63. Vista Outdoor has a one year low of $12.35 and a one year high of $39.49.
Vista Outdoor (NYSE:VSTO) last announced its quarterly earnings results on Thursday, November 9th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.07. The business had revenue of $587.00 million for the quarter, compared to the consensus estimate of $588.85 million. Vista Outdoor had a negative net margin of 19.88% and a positive return on equity of 5.76%. Vista Outdoor’s revenue for the quarter was down 14.2% on a year-over-year basis. During the same period last year, the company posted $0.74 EPS. sell-side analysts expect that Vista Outdoor will post 0.57 earnings per share for the current fiscal year.
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Vista Outdoor Company Profile
Vista Outdoor Inc is a designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets. The Company operates through two segments: Shooting Sports and Outdoor Products. Its Shooting Sports segment designs, develops, produces and sources ammunition and firearms for the hunting and sport shooting enthusiast markets, as well as ammunition for local law enforcement, the United States Government and international markets.
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