Investment analysts at CL King initiated coverage on shares of Vista Outdoor Inc. (NYSE:VSTO) in a report released on Monday. The brokerage set a “buy” rating and a $45.00 price target on the stock. CL King’s target price would indicate a potential upside of 17.89% from the stock’s previous close.

VSTO has been the topic of a number of other research reports. KeyCorp upgraded Vista Outdoor from a “sector weight” rating to an “overweight” rating and set a $48.00 price objective on the stock in a research report on Tuesday, August 30th. Roth Capital started coverage on Vista Outdoor in a research report on Wednesday, June 15th. They issued a “buy” rating and a $55.00 target price on the stock. Zacks Investment Research downgraded Vista Outdoor from a “buy” rating to a “hold” rating in a research report on Tuesday, August 16th. Morgan Stanley restated a “hold” rating and issued a $45.00 target price on shares of Vista Outdoor in a research report on Wednesday, August 17th. Finally, Jefferies Group restated a “buy” rating on shares of Vista Outdoor in a research report on Monday, July 11th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Vista Outdoor has an average rating of “Buy” and a consensus price target of $53.38.

Shares of Vista Outdoor (NYSE:VSTO) opened at 38.17 on Monday. The company’s 50-day moving average price is $41.94 and its 200-day moving average price is $47.32. Vista Outdoor has a 12 month low of $37.41 and a 12 month high of $53.91. The company has a market cap of $2.30 billion, a P/E ratio of 16.57 and a beta of 0.30.

Vista Outdoor (NYSE:VSTO) last announced its quarterly earnings data on Thursday, August 11th. The company reported $0.48 EPS for the quarter, missing the Zacks’ consensus estimate of $0.69 by $0.21. Vista Outdoor had a return on equity of 9.13% and a net margin of 5.96%. The company had revenue of $630.30 million for the quarter, compared to analysts’ expectations of $669.04 million. During the same quarter in the previous year, the business posted $0.54 EPS. The business’s quarterly revenue was up 22.5% compared to the same quarter last year. Equities analysts forecast that Vista Outdoor will post $2.65 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of the stock. IFP Advisors Inc increased its stake in Vista Outdoor by 3.2% in the first quarter. IFP Advisors Inc now owns 2,567 shares of the company’s stock valued at $133,000 after buying an additional 80 shares in the last quarter. Three Peaks Capital Management LLC increased its stake in Vista Outdoor by 16.8% in the first quarter. Three Peaks Capital Management LLC now owns 265,887 shares of the company’s stock valued at $13,802,000 after buying an additional 38,247 shares in the last quarter. Ngam Advisors L.P. increased its stake in Vista Outdoor by 13.1% in the first quarter. Ngam Advisors L.P. now owns 67,291 shares of the company’s stock valued at $3,493,000 after buying an additional 7,814 shares in the last quarter. TIAA CREF Investment Management LLC increased its stake in Vista Outdoor by 17.1% in the first quarter. TIAA CREF Investment Management LLC now owns 192,246 shares of the company’s stock valued at $9,979,000 after buying an additional 28,098 shares in the last quarter. Finally, Teachers Advisors Inc. increased its stake in Vista Outdoor by 27.8% in the first quarter. Teachers Advisors Inc. now owns 64,975 shares of the company’s stock valued at $3,373,000 after buying an additional 14,120 shares in the last quarter. Hedge funds and other institutional investors own 93.55% of the company’s stock.

About Vista Outdoor

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. The Company’s 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.

5 Day Chart for NYSE:VSTO

Receive News & Ratings for Vista Outdoor Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vista Outdoor Inc. and related companies with MarketBeat.com's FREE daily email newsletter.