Analysts expect Vista Outdoor Inc (NYSE:VSTO) to announce sales of $505.44 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Vista Outdoor’s earnings, with the lowest sales estimate coming in at $504.88 million and the highest estimate coming in at $506.00 million. Vista Outdoor reported sales of $581.20 million during the same quarter last year, which would suggest a negative year-over-year growth rate of 13%. The business is expected to report its next earnings report on Thursday, February 14th.

On average, analysts expect that Vista Outdoor will report full year sales of $2.12 billion for the current financial year, with estimates ranging from $2.11 billion to $2.13 billion. For the next year, analysts expect that the company will report sales of $2.15 billion, with estimates ranging from $2.10 billion to $2.20 billion. Zacks’ sales averages are an average based on a survey of analysts that follow Vista Outdoor.

Vista Outdoor (NYSE:VSTO) last announced its earnings results on Thursday, November 1st. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.02 by $0.03. The business had revenue of $546.60 million for the quarter, compared to the consensus estimate of $541.20 million. Vista Outdoor had a negative return on equity of 0.19% and a negative net margin of 2.13%. Vista Outdoor’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 EPS.

VSTO has been the topic of several recent analyst reports. Zacks Investment Research raised Vista Outdoor from a “hold” rating to a “strong-buy” rating and set a $21.00 target price on the stock in a report on Wednesday, August 15th. Roth Capital set a $19.00 price objective on Vista Outdoor and gave the stock a “hold” rating in a report on Saturday, August 11th. Finally, ValuEngine downgraded Vista Outdoor from a “hold” rating to a “sell” rating in a report on Tuesday, November 6th. Four analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. Vista Outdoor currently has an average rating of “Hold” and an average price target of $16.88.

A number of large investors have recently bought and sold shares of VSTO. Frontier Capital Management Co. LLC lifted its holdings in Vista Outdoor by 15.6% during the 3rd quarter. Frontier Capital Management Co. LLC now owns 4,097,769 shares of the company’s stock worth $73,309,000 after buying an additional 553,157 shares in the last quarter. BlackRock Inc. lifted its holdings in Vista Outdoor by 6.7% during the 2nd quarter. BlackRock Inc. now owns 7,810,248 shares of the company’s stock worth $120,981,000 after buying an additional 487,576 shares in the last quarter. Spark Investment Management LLC lifted its holdings in Vista Outdoor by 95.3% during the 2nd quarter. Spark Investment Management LLC now owns 933,900 shares of the company’s stock worth $14,466,000 after buying an additional 455,600 shares in the last quarter. Morgan Stanley lifted its holdings in Vista Outdoor by 199.6% during the 3rd quarter. Morgan Stanley now owns 602,603 shares of the company’s stock worth $10,780,000 after buying an additional 401,494 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in Vista Outdoor by 1,179.6% during the 3rd quarter. Renaissance Technologies LLC now owns 319,900 shares of the company’s stock worth $5,723,000 after buying an additional 294,900 shares in the last quarter. 98.26% of the stock is currently owned by hedge funds and other institutional investors.

Shares of VSTO traded up $0.26 on Friday, hitting $12.67. The company’s stock had a trading volume of 261,004 shares, compared to its average volume of 735,271. The company has a market capitalization of $726.64 million, a P/E ratio of 25.34 and a beta of 0.40. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.69 and a quick ratio of 1.44. Vista Outdoor has a fifty-two week low of $12.30 and a fifty-two week high of $20.04.

Vista Outdoor Company Profile

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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Earnings History and Estimates for Vista Outdoor (NYSE:VSTO)

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