News headlines about Vista Outdoor (NYSE:VSTO) have been trending somewhat positive on Thursday, according to Accern Sentiment. Accern rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Vista Outdoor earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.4031740829319 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Vista Outdoor traded up $0.37, reaching $16.20, during mid-day trading on Thursday, MarketBeat Ratings reports. The stock had a trading volume of 454,156 shares, compared to its average volume of 948,111. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.96 and a current ratio of 3.07. The firm has a market capitalization of $909.51 million, a PE ratio of 32.40 and a beta of -0.38. Vista Outdoor has a 1-year low of $12.35 and a 1-year high of $25.07.
Vista Outdoor (NYSE:VSTO) last announced its quarterly earnings data on Tuesday, May 1st. The company reported ($0.22) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.08). The firm had revenue of $571.20 million during the quarter, compared to analyst estimates of $519.41 million. Vista Outdoor had a negative net margin of 2.61% and a positive return on equity of 2.33%. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.03 earnings per share. sell-side analysts forecast that Vista Outdoor will post 0.2 earnings per share for the current year.
Several research analysts recently issued reports on the company. Zacks Investment Research lowered Vista Outdoor from a “hold” rating to a “sell” rating in a research report on Saturday, April 21st. ValuEngine raised Vista Outdoor from a “sell” rating to a “hold” rating in a research report on Friday, March 23rd. Cowen reaffirmed a “hold” rating and set a $14.50 target price on shares of Vista Outdoor in a research report on Tuesday, May 1st. Finally, DA Davidson reaffirmed a “hold” rating on shares of Vista Outdoor in a research report on Monday, May 7th. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. Vista Outdoor currently has an average rating of “Hold” and an average price target of $19.79.
In other news, CEO Christopher T. Metz acquired 20,000 shares of the business’s stock in a transaction dated Friday, May 4th. The shares were acquired at an average cost of $13.21 per share, with a total value of $264,200.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gary L. Mcarthur acquired 9,270 shares of the business’s stock in a transaction dated Tuesday, May 8th. The stock was purchased at an average cost of $13.49 per share, for a total transaction of $125,052.30. Following the completion of the acquisition, the director now directly owns 20,761 shares of the company’s stock, valued at approximately $280,065.89. The disclosure for this purchase can be found here. 0.89% of the stock is currently owned by corporate insiders.
About Vista Outdoor
Vista Outdoor Inc designs, manufactures, and markets consumer products for outdoor sports and recreation markets worldwide. The company's Shooting Sports segment designs, develops, produces, and sources ammunition and firearms, such as centerfire ammunition, rimfire ammunition, shotshell ammunition, and reloading components for the hunting and sport shooting enthusiast markets, local law enforcement, the United States government, and international markets under the American Eagle, Blazer, CCI, Estate Cartridge, Federal Premium, Force on Force, Fusion, Independence, Savage Arms, Savage Range Systems, Speer, and Stevens brands.
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