Vista Outdoor Inc (NYSE:VSTO) – Equities research analysts at DA Davidson lifted their FY2018 earnings per share (EPS) estimates for shares of Vista Outdoor in a research note issued to investors on Thursday. DA Davidson analyst A. Burns now expects that the company will earn $0.54 per share for the year, up from their previous forecast of $0.52. DA Davidson currently has a “Neutral” rating and a $17.00 target price on the stock. DA Davidson also issued estimates for Vista Outdoor’s Q1 2019 earnings at $0.19 EPS, Q2 2019 earnings at $0.30 EPS, FY2019 earnings at $0.87 EPS and FY2020 earnings at $1.06 EPS.

Other equities analysts also recently issued research reports about the company. Zacks Investment Research upgraded Vista Outdoor from a “strong sell” rating to a “hold” rating in a research report on Friday, November 17th. BidaskClub downgraded Vista Outdoor from a “sell” rating to a “strong sell” rating in a research report on Thursday, November 9th. Roth Capital reiterated a “neutral” rating and set a $14.00 price objective on shares of Vista Outdoor in a research report on Monday, February 5th. KeyCorp reiterated a “hold” rating on shares of Vista Outdoor in a research report on Friday, November 10th. Finally, ValuEngine downgraded Vista Outdoor from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $20.78.

Vista Outdoor (VSTO) opened at $17.84 on Monday. The firm has a market capitalization of $1,022.93, a P/E ratio of -23.47, a PEG ratio of 3.16 and a beta of -0.22. Vista Outdoor has a 1 year low of $12.35 and a 1 year high of $25.07. The company has a debt-to-equity ratio of 0.74, a current ratio of 3.13 and a quick ratio of 1.63.

Vista Outdoor (NYSE:VSTO) last released its earnings results on Thursday, February 8th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.06. The business had revenue of $581.00 million for the quarter, compared to the consensus estimate of $566.98 million. Vista Outdoor had a positive return on equity of 3.45% and a negative net margin of 1.88%. The business’s quarterly revenue was down 11.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.62 earnings per share.

In other Vista Outdoor news, Director Mark A. Gottfredson bought 5,000 shares of the business’s stock in a transaction on Tuesday, December 5th. The stock was bought at an average price of $14.60 per share, with a total value of $73,000.00. Following the completion of the purchase, the director now directly owns 21,716 shares in the company, valued at $317,053.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Christopher T. Metz bought 6,500 shares of the business’s stock in a transaction on Tuesday, December 5th. The shares were acquired at an average cost of $14.86 per share, with a total value of $96,590.00. Following the purchase, the chief executive officer now owns 87,256 shares of the company’s stock, valued at $1,296,624.16. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 13,000 shares of company stock worth $191,175. 1.50% of the stock is currently owned by company insiders.

A number of hedge funds have recently bought and sold shares of VSTO. Hosking Partners LLP acquired a new stake in Vista Outdoor during the fourth quarter worth $9,791,000. Dimensional Fund Advisors LP increased its stake in Vista Outdoor by 16.9% during the third quarter. Dimensional Fund Advisors LP now owns 4,164,649 shares of the company’s stock worth $95,537,000 after acquiring an additional 600,770 shares during the last quarter. Northern Trust Corp increased its stake in Vista Outdoor by 87.2% during the second quarter. Northern Trust Corp now owns 843,275 shares of the company’s stock worth $18,983,000 after acquiring an additional 392,739 shares during the last quarter. Walthausen & Co. LLC increased its stake in Vista Outdoor by 95.6% during the third quarter. Walthausen & Co. LLC now owns 762,385 shares of the company’s stock worth $17,489,000 after acquiring an additional 372,575 shares during the last quarter. Finally, State Street Corp increased its stake in Vista Outdoor by 29.1% during the second quarter. State Street Corp now owns 1,501,570 shares of the company’s stock worth $33,811,000 after acquiring an additional 338,027 shares during the last quarter.

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Vista Outdoor Company Profile

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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