Vista Outdoor (NYSE:VSTO) Upgraded to “Buy” by Roth Mkm

Vista Outdoor (NYSE:VSTOGet Free Report) was upgraded by equities research analysts at Roth Mkm from a “neutral” rating to a “buy” rating in a note issued to investors on Thursday, Marketbeat reports. The firm presently has a $38.00 price target on the stock. Roth Mkm’s price target would indicate a potential upside of 14.46% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. Monness Crespi & Hardt upped their price target on shares of Vista Outdoor from $34.00 to $37.00 and gave the company a “buy” rating in a report on Friday, February 2nd. StockNews.com began coverage on Vista Outdoor in a research report on Thursday, March 28th. They set a “buy” rating on the stock. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $34.67.

View Our Latest Report on Vista Outdoor

Vista Outdoor Stock Up 3.8 %

VSTO stock opened at $33.20 on Thursday. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.58 and a quick ratio of 1.09. Vista Outdoor has a 52-week low of $23.33 and a 52-week high of $33.96. The company has a 50-day moving average of $31.03 and a two-hundred day moving average of $29.20. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of -5.55 and a beta of 0.96.

Vista Outdoor (NYSE:VSTOGet Free Report) last released its quarterly earnings results on Wednesday, January 31st. The company reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.04). Vista Outdoor had a negative net margin of 12.17% and a positive return on equity of 20.00%. The firm had revenue of $682.25 million for the quarter, compared to the consensus estimate of $687.85 million. As a group, equities research analysts anticipate that Vista Outdoor will post 3.87 EPS for the current year.

Institutional Investors Weigh In On Vista Outdoor

Several institutional investors and hedge funds have recently bought and sold shares of VSTO. Quarry LP bought a new stake in Vista Outdoor in the 2nd quarter valued at $26,000. Fifth Third Bancorp lifted its position in Vista Outdoor by 208.6% during the 3rd quarter. Fifth Third Bancorp now owns 969 shares of the company’s stock worth $32,000 after buying an additional 655 shares in the last quarter. CWM LLC lifted its position in Vista Outdoor by 68.4% during the 3rd quarter. CWM LLC now owns 997 shares of the company’s stock worth $33,000 after buying an additional 405 shares in the last quarter. Ancora Advisors LLC lifted its position in Vista Outdoor by 162.5% during the 3rd quarter. Ancora Advisors LLC now owns 1,575 shares of the company’s stock worth $52,000 after buying an additional 975 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in Vista Outdoor by 794.0% during the 1st quarter. Tower Research Capital LLC TRC now owns 1,949 shares of the company’s stock worth $54,000 after buying an additional 1,731 shares in the last quarter. Institutional investors own 90.51% of the company’s stock.

Vista Outdoor Company Profile

(Get Free Report)

Vista Outdoor Inc designs, manufactures, and markets outdoor recreation and shooting sports products. in the United States and internationally. The company operates through two segments, Sporting Products and Outdoor Products. The Sporting Products segment designs, develops, manufactures, and distributes ammunitions, components, and related equipment and accessories for hunters, recreational shooters, federal and local law enforcement agencies, and military.

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