Vista Outdoor (NYSE:VSTO) Stock Rating Upgraded by Roth Mkm

Vista Outdoor (NYSE:VSTO - Get Free Report) was upgraded by investment analysts at Roth Mkm from a "neutral" rating to a "buy" rating in a report released on Thursday, MarketBeat Ratings reports. The firm currently has a $38.00 price objective on the stock, up from their prior price objective of $31.00. Roth Mkm's price objective indicates a potential upside of 13.50% from the stock's current price.

Other research analysts have also issued reports about the stock. Monness Crespi & Hardt increased their price target on shares of Vista Outdoor from $34.00 to $37.00 and gave the stock a "buy" rating in a research note on Friday, February 2nd. StockNews.com started coverage on shares of Vista Outdoor in a research note on Thursday, March 28th. They issued a "buy" rating for the company. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $34.67.

Vista Outdoor Trading Up 0.8 %

NYSE:VSTO traded up $0.28 during midday trading on Thursday, reaching $33.48. 630,817 shares of the stock traded hands, compared to its average volume of 514,073. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.09 and a current ratio of 2.58. Vista Outdoor has a 12 month low of $23.33 and a 12 month high of $33.96. The stock has a market capitalization of $1.95 billion, a P/E ratio of -5.61 and a beta of 0.96. The company has a fifty day moving average of $31.03 and a 200 day moving average of $29.20.

Vista Outdoor (NYSE:VSTO - Get Free Report) last issued its quarterly earnings data on Wednesday, January 31st. The company reported $0.80 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.04). Vista Outdoor had a positive return on equity of 20.00% and a negative net margin of 12.17%. The company had revenue of $682.25 million during the quarter, compared to the consensus estimate of $687.85 million. On average, research analysts predict that Vista Outdoor will post 3.87 EPS for the current year.

Institutional Trading of Vista Outdoor

Several institutional investors have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD grew its position in Vista Outdoor by 3.0% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 11,246 shares of the company's stock valued at $314,000 after purchasing an additional 323 shares during the last quarter. Rhumbline Advisers grew its position in Vista Outdoor by 0.3% during the 1st quarter. Rhumbline Advisers now owns 125,532 shares of the company's stock valued at $4,480,000 after purchasing an additional 334 shares during the last quarter. Vident Advisory LLC grew its position in Vista Outdoor by 3.2% during the 4th quarter. Vident Advisory LLC now owns 11,480 shares of the company's stock valued at $339,000 after purchasing an additional 356 shares during the last quarter. SummerHaven Investment Management LLC grew its position in Vista Outdoor by 1.5% during the 4th quarter. SummerHaven Investment Management LLC now owns 25,307 shares of the company's stock valued at $748,000 after purchasing an additional 373 shares during the last quarter. Finally, CWM LLC grew its position in Vista Outdoor by 68.4% during the 3rd quarter. CWM LLC now owns 997 shares of the company's stock valued at $33,000 after purchasing an additional 405 shares during the last quarter. 90.51% of the stock is owned by hedge funds and other institutional investors.

Vista Outdoor Company Profile

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.