ValuEngine cut shares of Vista Outdoor (NYSE:VSTO) from a hold rating to a sell rating in a report published on Tuesday.

A number of other analysts have also recently commented on the company. Zacks Investment Research upgraded Vista Outdoor from a hold rating to a strong-buy rating and set a $17.00 price objective for the company in a research report on Tuesday. Roth Capital set a $19.00 price objective on Vista Outdoor and gave the company a hold rating in a research report on Saturday, August 11th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating to the stock. Vista Outdoor currently has an average rating of Hold and an average target price of $15.90.

Shares of VSTO stock opened at $13.78 on Tuesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.44 and a current ratio of 2.69. Vista Outdoor has a twelve month low of $12.49 and a twelve month high of $20.04.

Vista Outdoor (NYSE:VSTO) last posted its quarterly earnings data on Thursday, November 1st. The company reported $0.05 EPS for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.03. The business had revenue of $546.60 million during the quarter, compared to analysts’ expectations of $541.20 million. Vista Outdoor had a negative return on equity of 0.19% and a negative net margin of 2.13%. The business’s revenue was down 6.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.34 earnings per share. On average, equities analysts expect that Vista Outdoor will post 0.25 EPS for the current year.

Several institutional investors have recently bought and sold shares of VSTO. Jane Street Group LLC purchased a new stake in shares of Vista Outdoor in the first quarter valued at approximately $172,000. NumerixS Investment Technologies Inc increased its position in shares of Vista Outdoor by 34.9% in the second quarter. NumerixS Investment Technologies Inc now owns 11,200 shares of the company’s stock valued at $177,000 after buying an additional 2,898 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Vista Outdoor by 140.4% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 11,441 shares of the company’s stock worth $187,000 after acquiring an additional 6,681 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Vista Outdoor in the second quarter worth approximately $188,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Vista Outdoor in the first quarter worth approximately $200,000. Institutional investors and hedge funds own 96.81% of the company’s stock.

About Vista Outdoor

Vista Outdoor Inc designs, manufactures, and markets consumer products for outdoor sports and recreation markets in the United States and internationally. The company operates through Outdoor Products and Shooting Sports segments. The Outdoor Products segment offer sports products for action sports, including helmets, goggles, and accessories for cycling, snow, action, and power sports; archery/hunting accessories, such as hunting arrows, game calls, hunting blinds, game cameras, and waterfowl decoys; outdoor cooking solutions for camping; eyewear and sport protection products, including safety and protective eyewear, and fashion and sports eyewear; golf products, such as laser rangefinders; hydration products comprising hydration packs and water bottles; optical products, such as binoculars, riflescopes, and telescopes; shooting accessories, including reloading equipment, clay targets, and premium gun care products; tactical products, such as holsters, duty gear, bags, and packs; and water sports products, including stand up paddle boards.

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Analyst Recommendations for Vista Outdoor (NYSE:VSTO)

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