Shares of Vista Outdoor Inc (NYSE:VSTO) have received a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $20.33.

A number of equities research analysts have issued reports on the stock. BidaskClub cut shares of Vista Outdoor from a “sell” rating to a “strong sell” rating in a report on Thursday, November 9th. Zacks Investment Research upgraded shares of Vista Outdoor from a “strong sell” rating to a “hold” rating in a report on Friday, November 17th. KeyCorp reaffirmed a “hold” rating on shares of Vista Outdoor in a research report on Friday, November 10th. ValuEngine lowered shares of Vista Outdoor from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Finally, Jefferies Group reaffirmed a “buy” rating on shares of Vista Outdoor in a research report on Wednesday, October 11th.

Shares of Vista Outdoor (NYSE VSTO) opened at $15.11 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. Vista Outdoor has a fifty-two week low of $12.35 and a fifty-two week high of $29.42. The stock has a market cap of $866.17, a PE ratio of -1.86, a price-to-earnings-growth ratio of 2.64 and a beta of -0.36.

Vista Outdoor (NYSE:VSTO) last released its quarterly earnings results on Thursday, November 9th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.07. Vista Outdoor had a negative net margin of 19.88% and a positive return on equity of 5.76%. The company had revenue of $587.00 million during the quarter, compared to analysts’ expectations of $588.85 million. During the same period in the prior year, the company earned $0.74 earnings per share. The business’s quarterly revenue was down 14.2% compared to the same quarter last year. equities research analysts predict that Vista Outdoor will post 0.57 EPS for the current fiscal year.

In other Vista Outdoor news, Director Mark A. Gottfredson purchased 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 5th. The stock was purchased at an average price of $14.60 per share, with a total value of $73,000.00. Following the completion of the transaction, the director now directly owns 21,716 shares of the company’s stock, valued at approximately $317,053.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Christopher T. Metz purchased 6,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 5th. The stock was acquired at an average cost of $14.86 per share, with a total value of $96,590.00. Following the transaction, the chief executive officer now directly owns 87,256 shares of the company’s stock, valued at $1,296,624.16. The disclosure for this purchase can be found here. Insiders have bought 16,000 shares of company stock valued at $231,165 in the last ninety days. 1.50% of the stock is owned by company insiders.

Large investors have recently bought and sold shares of the stock. Ameritas Investment Partners Inc. acquired a new position in Vista Outdoor in the second quarter worth about $113,000. Profund Advisors LLC raised its position in Vista Outdoor by 7.0% in the second quarter. Profund Advisors LLC now owns 10,656 shares of the company’s stock worth $240,000 after purchasing an additional 698 shares in the last quarter. Piedmont Investment Advisors LLC acquired a new position in Vista Outdoor in the second quarter worth about $278,000. Suntrust Banks Inc. raised its position in Vista Outdoor by 1.9% in the second quarter. Suntrust Banks Inc. now owns 13,200 shares of the company’s stock worth $296,000 after purchasing an additional 243 shares in the last quarter. Finally, Malaga Cove Capital LLC acquired a new stake in shares of Vista Outdoor during the third quarter worth approximately $343,000. 99.97% of the stock is owned by hedge funds and other institutional investors.

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About Vista Outdoor

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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