Vista Outdoor Inc. (NYSE:VSTO) Receives $34.67 Consensus PT from Brokerages

Vista Outdoor Inc. (NYSE:VSTO) has received an average rating of “Buy” from the five analysts that are presently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a buy recommendation. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $34.67.

A number of research firms recently commented on VSTO. Roth Capital raised Vista Outdoor from a “neutral” rating to a “buy” rating in a research report on Thursday, April 4th. StockNews.com began coverage on Vista Outdoor in a research report on Saturday. They issued a “buy” rating for the company. Roth Mkm raised Vista Outdoor from a “neutral” rating to a “buy” rating and increased their price target for the company from $31.00 to $38.00 in a research report on Thursday, April 4th. Finally, Monness Crespi & Hardt increased their price target on Vista Outdoor from $34.00 to $37.00 and gave the company a “buy” rating in a research report on Friday, February 2nd.

Vista Outdoor Price Performance

Shares of NYSE:VSTO opened at $32.47 on Tuesday. The company has a quick ratio of 1.09, a current ratio of 2.58 and a debt-to-equity ratio of 0.71. Vista Outdoor has a twelve month low of $23.33 and a twelve month high of $33.96. The stock’s 50 day moving average is $31.70 and its 200-day moving average is $29.27. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of -5.43 and a beta of 0.96.

Vista Outdoor (NYSE:VSTO) last issued its earnings results on Wednesday, January 31st. The company reported $0.80 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.04). Vista Outdoor had a positive return on equity of 20.00% and a negative net margin of 12.17%. The firm had revenue of $682.25 million for the quarter, compared to analyst estimates of $687.85 million. Sell-side analysts forecast that Vista Outdoor will post 3.87 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of VSTO. Wasatch Advisors LP bought a new position in Vista Outdoor in the 1st quarter valued at $31,979,000. Pacer Advisors Inc. grew its stake in shares of Vista Outdoor by 57.4% during the 4th quarter. Pacer Advisors Inc. now owns 2,980,595 shares of the company’s stock worth $88,136,000 after acquiring an additional 1,086,671 shares during the period. Cooper Creek Partners Management LLC grew its stake in shares of Vista Outdoor by 45.5% during the 3rd quarter. Cooper Creek Partners Management LLC now owns 2,703,561 shares of the company’s stock worth $89,542,000 after acquiring an additional 844,865 shares during the period. Black Diamond Capital Management L.L.C. grew its stake in shares of Vista Outdoor by 149.9% during the 4th quarter. Black Diamond Capital Management L.L.C. now owns 695,303 shares of the company’s stock worth $20,560,000 after acquiring an additional 417,050 shares during the period. Finally, Norges Bank bought a new position in shares of Vista Outdoor during the 4th quarter worth $9,884,000. Institutional investors own 90.51% of the company’s stock.

Vista Outdoor Company Profile

Vista Outdoor Inc designs, manufactures, and markets outdoor recreation and shooting sports products. in the United States and internationally. The company operates through two segments, Sporting Products and Outdoor Products. The Sporting Products segment designs, develops, manufactures, and distributes ammunitions, components, and related equipment and accessories for hunters, recreational shooters, federal and local law enforcement agencies, and military.