Several other research firms also recently weighed in on VSTO. Zacks Investment Research raised shares of Vista Outdoor from a hold rating to a buy rating and set a $26.00 price target on the stock in a research note on Tuesday, August 15th. Forward View set a $23.00 target price on shares of Vista Outdoor and gave the stock a hold rating in a research note on Sunday, August 13th. Aegis reaffirmed a hold rating and set a $26.00 target price on shares of Vista Outdoor in a research note on Monday, August 21st. BidaskClub downgraded shares of Vista Outdoor from a hold rating to a sell rating in a research note on Thursday, July 27th. Finally, Roth Capital set a $21.00 target price on shares of Vista Outdoor and gave the stock a hold rating in a research note on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of $23.40.
Vista Outdoor (NYSE VSTO) opened at $13.99 on Monday. The company has a current ratio of 3.03, a quick ratio of 1.63 and a debt-to-equity ratio of 0.86. The stock has a market cap of $826.04, a price-to-earnings ratio of 11.72, a price-to-earnings-growth ratio of 2.51 and a beta of -0.33. Vista Outdoor has a twelve month low of $12.35 and a twelve month high of $40.34.
In related news, Director Tig H. Krekel acquired 3,000 shares of Vista Outdoor stock in a transaction dated Monday, November 13th. The stock was acquired at an average price of $13.33 per share, for a total transaction of $39,990.00. Following the transaction, the director now owns 7,684 shares of the company’s stock, valued at $102,427.72. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is currently owned by insiders.
A number of hedge funds have recently added to or reduced their stakes in VSTO. BlackRock Inc. raised its position in Vista Outdoor by 16,839.6% in the 1st quarter. BlackRock Inc. now owns 5,667,641 shares of the company’s stock valued at $116,698,000 after purchasing an additional 5,634,183 shares during the last quarter. FMR LLC raised its position in Vista Outdoor by 70.0% in the 2nd quarter. FMR LLC now owns 6,894,441 shares of the company’s stock valued at $155,194,000 after purchasing an additional 2,838,686 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Vista Outdoor by 41.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,563,879 shares of the company’s stock valued at $80,224,000 after purchasing an additional 1,041,884 shares during the last quarter. Southpoint Capital Advisors LP purchased a new stake in Vista Outdoor in the 2nd quarter valued at $21,423,000. Finally, First Eagle Investment Management LLC raised its position in Vista Outdoor by 18.2% in the 2nd quarter. First Eagle Investment Management LLC now owns 5,523,517 shares of the company’s stock valued at $124,334,000 after purchasing an additional 852,195 shares during the last quarter. Hedge funds and other institutional investors own 99.97% of the company’s stock.
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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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