Vista Outdoor (VSTO) Receiving Somewhat Favorable News Coverage, Report Finds
Media headlines about Vista Outdoor (NYSE:VSTO) have trended somewhat positive on Sunday, Accern reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Vista Outdoor earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the company an impact score of 47.5588081735248 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Edited Transcript of VSTO earnings conference call or presentation 10-Aug-17 1:00pm GMT (finance.yahoo.com)
- Vista Outdoor Inc. (NYSE:VSTO) Issues Quarterly Earnings Results (americanbankingnews.com)
- Vista Outdoor Inc. (NYSE:VSTO) Releases FY18 Earnings Guidance (americanbankingnews.com)
- Vista Outdoor Announces FY18 First Quarter Operating Results (finance.yahoo.com)
- Vista Outdoor reports Q1 profit, revenue beats (finance.yahoo.com)
Vista Outdoor (NYSE VSTO) opened at 23.37 on Friday. The company’s market capitalization is $1.33 billion. Vista Outdoor has a 12 month low of $18.32 and a 12 month high of $42.20. The firm’s 50-day moving average is $22.75 and its 200-day moving average is $21.83.
Vista Outdoor (NYSE:VSTO) last issued its quarterly earnings data on Thursday, August 10th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.11. The business had revenue of $569 million for the quarter, compared to analysts’ expectations of $552.49 million. Vista Outdoor had a positive return on equity of 6.85% and a negative net margin of 11.55%. The company’s revenue for the quarter was down 9.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 EPS. Equities analysts anticipate that Vista Outdoor will post $1.23 EPS for the current fiscal year.
Several research firms recently weighed in on VSTO. BidaskClub upgraded shares of Vista Outdoor from a “sell” rating to a “hold” rating in a research report on Saturday, August 5th. Zacks Investment Research upgraded shares of Vista Outdoor from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 19th. Jefferies Group LLC restated a “buy” rating and issued a $28.00 price objective on shares of Vista Outdoor in a research report on Friday, July 14th. Cowen and Company restated a “hold” rating and issued a $26.00 price objective on shares of Vista Outdoor in a research report on Tuesday, July 11th. Finally, DA Davidson upgraded shares of Vista Outdoor from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $23.00 to $29.00 in a research report on Thursday, June 8th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $31.14.
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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. 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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