Vista Outdoor (NYSE:VSTO - Get Free Report) posted its earnings results on Wednesday. The company reported $1.02 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.03, Briefing.com reports. The company had revenue of $693.67 million during the quarter, compared to analyst estimates of $701.43 million. Vista Outdoor had a negative net margin of 12.17% and a positive return on equity of 20.00%. Vista Outdoor's revenue for the quarter was down 6.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.08 earnings per share. Vista Outdoor updated its FY25 guidance to $3.60-4.50 EPS and its FY 2025 guidance to 3.600-4.500 EPS.
Vista Outdoor Stock Performance
Shares of NYSE:VSTO traded up $0.43 during midday trading on Thursday, hitting $36.10. The company had a trading volume of 660,795 shares, compared to its average volume of 508,432. The company has a fifty day moving average of $33.16 and a two-hundred day moving average of $29.85. 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 12-month low of $23.33 and a 12-month high of $36.37. The company has a market cap of $2.10 billion, a price-to-earnings ratio of -5.96 and a beta of 0.93.
Analyst Ratings Changes
Several research firms have issued reports on VSTO. Roth Capital upgraded shares of Vista Outdoor from a "neutral" rating to a "buy" rating in a research note on Thursday, April 4th. Roth Mkm raised shares of Vista Outdoor from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $31.00 to $38.00 in a research report on Thursday, April 4th. StockNews.com started coverage on Vista Outdoor in a research note on Tuesday. They issued a "buy" rating on the stock. Finally, Monness Crespi & Hardt increased their target price on Vista Outdoor from $34.00 to $37.00 and gave the company a "buy" rating in a report on Friday, February 2nd. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $34.67.
View Our Latest Stock Analysis on VSTO
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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