Vista Outdoor Inc. (NYSE:VSTO – Get Rating) – Analysts at B. Riley dropped their FY2023 earnings estimates for Vista Outdoor in a report released on Friday, February 3rd. B. Riley analyst E. Wold now anticipates that the company will earn $6.16 per share for the year, down from their prior forecast of $6.25. B. Riley currently has a "Buy" rating and a $41.00 target price on the stock. The consensus estimate for Vista Outdoor's current full-year earnings is $6.23 per share. B. Riley also issued estimates for Vista Outdoor's Q1 2025 earnings at $1.70 EPS, Q2 2025 earnings at $1.78 EPS, Q3 2025 earnings at $1.42 EPS and FY2025 earnings at $6.09 EPS.
Get Vista Outdoor alerts:VSTO has been the topic of several other research reports. StockNews.com lowered shares of Vista Outdoor from a "buy" rating to a "hold" rating in a research report on Friday, November 4th. MKM Partners dropped their target price on shares of Vista Outdoor from $54.00 to $51.00 and set a "buy" rating on the stock in a research report on Tuesday, October 25th. Finally, Lake Street Capital dropped their target price on shares of Vista Outdoor from $45.00 to $35.00 in a research report on Friday. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $41.67.
Vista Outdoor Stock Down 3.2 %
VSTO stock opened at $28.15 on Monday. The firm has a market cap of $1.59 billion, a PE ratio of 4.12 and a beta of 0.91. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.00 and a current ratio of 2.39. The firm's fifty day moving average is $26.56 and its 200 day moving average is $27.33. Vista Outdoor has a one year low of $22.97 and a one year high of $41.20.Vista Outdoor (NYSE:VSTO – Get Rating) last released its quarterly earnings data on Thursday, February 2nd. The company reported $1.30 earnings per share for the quarter, topping analysts' consensus estimates of $1.09 by $0.21. The firm had revenue of $754.80 million for the quarter, compared to analyst estimates of $753.72 million. Vista Outdoor had a net margin of 12.63% and a return on equity of 33.27%. The business's quarterly revenue was down 5.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.10 earnings per share.
Institutional Trading of Vista Outdoor
Several institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. raised its position in Vista Outdoor by 1.6% in the 3rd quarter. BlackRock Inc. now owns 8,716,751 shares of the company's stock valued at $211,992,000 after purchasing an additional 140,072 shares during the last quarter. Vanguard Group Inc. raised its position in Vista Outdoor by 5.0% during the 3rd quarter. Vanguard Group Inc. now owns 4,938,076 shares of the company's stock worth $120,094,000 after buying an additional 234,279 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Vista Outdoor by 2.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,248,966 shares of the company's stock worth $79,015,000 after buying an additional 85,701 shares during the last quarter. State Street Corp raised its position in Vista Outdoor by 0.4% during the 3rd quarter. State Street Corp now owns 1,815,801 shares of the company's stock worth $44,160,000 after buying an additional 7,141 shares during the last quarter. Finally, Hodges Capital Management Inc. raised its position in Vista Outdoor by 96.8% during the 4th quarter. Hodges Capital Management Inc. now owns 881,406 shares of the company's stock worth $21,480,000 after buying an additional 433,553 shares during the last quarter. Hedge funds and other institutional investors own 85.56% of the company's stock.
Insider Transactions at Vista Outdoor
In related news, insider Kelly L. Reisdorf sold 1,356 shares of the company's stock in a transaction on Monday, November 14th. The shares were sold at an average price of $27.69, for a total value of $37,547.64. Following the completion of the sale, the insider now owns 13,644 shares in the company, valued at approximately $377,802.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 2.17% of the company's stock.
Vista Outdoor Company Profile
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Vista Outdoor, Inc engages in the design, manufacture, and marketing of consumer products in the outdoor sports and recreation markets. It operates through the following segments: Shooting Sports and Outdoor Products. The Shooting Sports segment is comprised of ammunition and hunting & shooting accessories product lines.
Further Reading
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