Shares of Vista Outdoor Inc. (NYSE:VSTO) have received an average recommendation of “Hold” from the thirteen research firms that are covering the stock, Marketbeat reports. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $29.31.

Several brokerages have recently weighed in on VSTO. Zacks Investment Research upgraded Vista Outdoor from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 19th. Jefferies Group LLC restated a “buy” rating and set a $28.00 target price on shares of Vista Outdoor in a report on Friday, July 14th. Cowen and Company restated a “hold” rating and set a $26.00 target price on shares of Vista Outdoor in a report on Tuesday, July 11th. DA Davidson upgraded Vista Outdoor from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $23.00 to $29.00 in a report on Thursday, June 8th. Finally, Forward View restated a “hold” rating on shares of Vista Outdoor in a report on Thursday, May 18th.

Shares of Vista Outdoor (NYSE:VSTO) opened at 22.62 on Monday. Vista Outdoor has a 1-year low of $18.32 and a 1-year high of $52.08. The company’s market capitalization is $1.29 billion. The stock has a 50 day moving average price of $22.85 and a 200 day moving average price of $22.88.

Vista Outdoor (NYSE:VSTO) last issued its earnings results on Thursday, May 11th. The company reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by $0.15. The company had revenue of $578.80 million for the quarter, compared to analyst estimates of $565.19 million. Vista Outdoor had a positive return on equity of 7.62% and a negative net margin of 10.78%. The company’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.63 earnings per share. On average, equities analysts anticipate that Vista Outdoor will post $1.23 EPS for the current fiscal year.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. US Bancorp DE boosted its position in Vista Outdoor by 18.1% in the second quarter. US Bancorp DE now owns 11,418 shares of the company’s stock worth $257,000 after buying an additional 1,746 shares in the last quarter. Aperio Group LLC boosted its position in Vista Outdoor by 114.8% in the second quarter. Aperio Group LLC now owns 30,940 shares of the company’s stock worth $696,000 after buying an additional 16,536 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in Vista Outdoor by 12.8% in the second quarter. Nisa Investment Advisors LLC now owns 51,900 shares of the company’s stock worth $1,181,000 after buying an additional 5,900 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in Vista Outdoor during the second quarter worth approximately $883,000. Finally, State of Alaska Department of Revenue boosted its position in Vista Outdoor by 78.8% in the second quarter. State of Alaska Department of Revenue now owns 11,263 shares of the company’s stock worth $253,000 after buying an additional 4,963 shares in the last quarter. Hedge funds and other institutional investors own 99.98% of the company’s stock.

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.

Analyst Recommendations for Vista Outdoor (NYSE:VSTO)

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