KeyCorp reiterated their hold rating on shares of Vista Outdoor Inc. (NYSE:VSTO) in a report issued on Friday morning.
A number of other equities research analysts have also recently weighed in on the company. DA Davidson cut Vista Outdoor from a buy rating to a neutral rating in a report on Thursday. BidaskClub cut Vista Outdoor from a sell rating to a strong sell rating in a report on Thursday. Zacks Investment Research cut Vista Outdoor from a buy rating to a sell rating in a report on Tuesday, October 24th. Jefferies Group LLC reiterated a buy rating on shares of Vista Outdoor in a research report on Wednesday, October 11th. Finally, Roth Capital set a $21.00 price objective on Vista Outdoor and gave the company a hold rating in a research report on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company’s stock. Vista Outdoor presently has an average rating of Hold and a consensus price target of $25.65.
Vista Outdoor (NYSE:VSTO) traded up $0.03 during mid-day trading on Friday, reaching $13.28. The company had a trading volume of 3,279,500 shares, compared to its average volume of 1,312,995. Vista Outdoor has a 12-month low of $12.35 and a 12-month high of $41.29. The firm has a market cap of $759.54, a PE ratio of 10.77, a price-to-earnings-growth ratio of 1.51 and a beta of -0.12. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.03 and a quick ratio of 1.72.
Vista Outdoor (NYSE:VSTO) last released its quarterly earnings results on Thursday, November 9th. The company reported $0.34 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.07. Vista Outdoor had a positive return on equity of 5.76% and a negative net margin of 19.88%. The firm had revenue of $587.00 million during the quarter, compared to analysts’ expectations of $588.85 million. During the same period last year, the firm posted $0.74 EPS. The business’s revenue was down 14.2% on a year-over-year basis. equities research analysts forecast that Vista Outdoor will post 0.55 earnings per share for the current year.
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Large investors have recently bought and sold shares of the company. Ameritas Investment Partners Inc. bought a new position in shares of Vista Outdoor in the 2nd quarter worth $113,000. Sphera Funds Management LTD. bought a new position in shares of Vista Outdoor in the 2nd quarter worth $135,000. Profund Advisors LLC boosted its position in shares of Vista Outdoor by 7.0% in the 2nd quarter. Profund Advisors LLC now owns 10,656 shares of the company’s stock worth $240,000 after purchasing an additional 698 shares during the last quarter. State of Alaska Department of Revenue boosted its position in shares of Vista Outdoor by 78.8% in the 2nd quarter. State of Alaska Department of Revenue now owns 11,263 shares of the company’s stock worth $253,000 after purchasing an additional 4,963 shares during the last quarter. Finally, US Bancorp DE boosted its position in shares of Vista Outdoor by 18.1% in the 2nd quarter. US Bancorp DE now owns 11,418 shares of the company’s stock worth $257,000 after purchasing an additional 1,746 shares during the last quarter. Institutional investors and hedge funds own 99.97% of the company’s stock.
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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