Vista Outdoor - VSTO Stock Forecast, Price & News

Vista Outdoor Inc. designs, manufactures, and markets consumer products in the outdoor sports and recreation markets 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 that serves hunters, recreational shooters, federal and local law enforcement agencies, and military. This segment products include ammunition products, such as pistol, rifle, rimfire, and shotshell ammunition, as well as components. The Outdoor Products segment offers gears and equipment that enhances the outdoor experiences of a wide variety of end users, including hunters, hikers, campers, cyclists, skiers, snowboarders, and golfers. This segments products portfolio includes hunting and shooting accessories comprising reloading equipment, clay targets, premium gun care products, hunting arrows, game calls, hunting blinds, and decoys; optics, such as binoculars, riflescopes, game cameras, and telescopes; tactical accessories comprising holsters, duty gear, bags, and packs; personal hydration solutions consist of hydration packs, water bottles, and drinkware; outdoor cooking solutions, including grills, cookware, pellets, and camp stoves; helmets, goggles, footwear, E-bikes, and accessories for cycling, snow sports, action sports, and power sports; audio speakers for outdoor sports; and golf gps devices, laser rangefinders, golf launch monitors and simulators, and other golf technology products. The company sells its products to outdoor enthusiasts, backyard grillers, campers, and athletes, as well as law enforcement and military professionals through a wide variety of mass, specialty, and independent retailers and distributors, as well as consumers through brand's website. Vista Outdoor Inc. was incorporated in 2014 and is headquartered in Anoka, Minnesota.

Vista Outdoor Stock Up 0.9 %

VSTO opened at $31.43 on Tuesday. Vista Outdoor has a one year low of $25.68 and a one year high of $52.69. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.24 and a current ratio of 2.81. The stock's fifty day moving average is $30.03 and its 200-day moving average is $34.50. The company has a market capitalization of $1.78 billion, a PE ratio of 3.72 and a beta of 0.70.

Analysts Set New Price Targets

A number of research analysts recently issued reports on VSTO shares. KeyCorp lowered Vista Outdoor to a "sector weight" rating in a research report on Tuesday, July 19th. StockNews.com lowered Vista Outdoor from a "buy" rating to a "hold" rating in a research report on Friday. B. Riley reduced their price target on Vista Outdoor from $78.00 to $51.00 and set a "buy" rating for the company in a research report on Tuesday, June 21st. Lake Street Capital reduced their price target on Vista Outdoor from $63.00 to $53.00 in a research report on Friday, July 29th. Finally, MKM Partners started coverage on Vista Outdoor in a research report on Wednesday, July 13th. They set a "buy" rating and a $54.00 price target for the company. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $53.86.

Insider Transactions at Vista Outdoor

In other news, CEO Christopher T. Metz sold 150,000 shares of the business's stock in a transaction on Tuesday, May 31st. The stock was sold at an average price of $38.36, for a total value of $5,754,000.00. Following the sale, the chief executive officer now owns 116,461 shares of the company's stock, valued at approximately $4,467,443.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Jason R. Vanderbrink sold 10,832 shares of the business's stock in a transaction on Friday, June 3rd. The stock was sold at an average price of $36.87, for a total transaction of $399,375.84. Following the sale, the insider now directly owns 69,540 shares of the company's stock, valued at $2,563,939.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Christopher T. Metz sold 150,000 shares of the business's stock in a transaction on Tuesday, May 31st. The stock was sold at an average price of $38.36, for a total value of $5,754,000.00. Following the sale, the chief executive officer now directly owns 116,461 shares in the company, valued at $4,467,443.96. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 260,832 shares of company stock valued at $9,918,376. Corporate insiders own 2.17% of the company's stock.