Vista Outdoor (VSTO) Set to Announce Quarterly Earnings on Wednesday

Vista Outdoor (NYSE:VSTO) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Vista Outdoor to post earnings of $0.92 per share for the quarter.

Vista Outdoor (NYSE:VSTO) last announced its quarterly earnings results on Monday, August 5th. The company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.04. Vista Outdoor had a negative net margin of 0.24% and a positive return on equity of 19.18%. The firm had revenue of $644.18 million during the quarter, compared to analysts’ expectations of $664.05 million. During the same quarter last year, the company earned $1.12 earnings per share. The company’s revenue for the quarter was down 7.1% compared to the same quarter last year. On average, analysts expect Vista Outdoor to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Vista Outdoor Trading Up 0.0 %

VSTO stock opened at $43.99 on Monday. Vista Outdoor has a 1-year low of $24.30 and a 1-year high of $44.40. The company has a current ratio of 2.80, a quick ratio of 1.19 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average is $41.23 and its 200-day moving average is $38.08. The firm has a market cap of $2.57 billion, a P/E ratio of -338.38 and a beta of 0.79.

Analyst Ratings Changes

VSTO has been the subject of several recent analyst reports. Aegis upgraded Vista Outdoor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 14th. Lake Street Capital increased their target price on shares of Vista Outdoor from $37.00 to $40.00 and gave the stock a “hold” rating in a research report on Monday, July 15th. StockNews.com started coverage on shares of Vista Outdoor in a research report on Wednesday, October 30th. They issued a “buy” rating on the stock. Roth Capital lowered shares of Vista Outdoor from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 19th. Finally, B. Riley downgraded Vista Outdoor from a “buy” rating to a “neutral” rating and set a $43.00 target price on the stock. in a report on Wednesday, August 7th. Five equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Vista Outdoor presently has a consensus rating of “Hold” and a consensus price target of $41.20.

Vista Outdoor Company Profile

Vista Outdoor Inc designs, manufactures, and markets outdoor recreation and shooting sports products. in the United States and internationally. The Kinetic Group segment designs, develops, distributes, and manufactures ammunition, primers, and components for hunters, recreational shooters, federal and local law enforcement agencies, and the military.