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.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. B. Riley lowered their price target on Vista Outdoor from $78.00 to $51.00 and set a "buy" rating for the company in a report on Tuesday, June 21st. Lake Street Capital lowered their price target on Vista Outdoor from $63.00 to $53.00 in a report on Friday, July 29th. Roth Capital downgraded Vista Outdoor from a "buy" rating to a "neutral" rating and lowered their price target for the company from $53.00 to $32.00 in a report on Tuesday, July 26th. KeyCorp downgraded Vista Outdoor to a "sector weight" rating in a report on Tuesday, July 19th. Finally, StockNews.com downgraded Vista Outdoor from a "buy" rating to a "hold" rating in a report on Friday. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Vista Outdoor presently has an average rating of "Moderate Buy" and an average price target of $53.86.

Vista Outdoor Stock Performance

NYSE:VSTO opened at $31.15 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.81 and a quick ratio of 1.24. The firm has a 50-day moving average of $30.13 and a two-hundred day moving average of $34.54. The stock has a market cap of $1.76 billion, a P/E ratio of 3.69 and a beta of 0.70. Vista Outdoor has a 1-year low of $25.68 and a 1-year high of $52.69.

Insider Buying and Selling at Vista Outdoor

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