Vista Outdoor (NYSE:VSTO) released its quarterly earnings data on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.11), Briefing.com reports. Vista Outdoor had a negative net margin of 31.50% and a positive return on equity of 0.89%. The firm had revenue of $459.77 million during the quarter, compared to analyst estimates of $471.41 million. The firm’s quarterly revenue was down 13.1% compared to the same quarter last year. Vista Outdoor updated its FY 2020 guidance to $0.10-0.25 EPS and its FY20 guidance to $0.10-0.25 EPS.
VSTO stock traded down $0.47 during trading on Friday, hitting $5.33. The company had a trading volume of 1,452,392 shares, compared to its average volume of 570,725. The stock has a 50-day moving average price of $7.94. Vista Outdoor has a one year low of $5.05 and a one year high of $19.21. The firm has a market cap of $426.59 million, a PE ratio of 49.27 and a beta of 0.35. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.88 and a current ratio of 2.96.
Several research analysts have recently issued reports on the company. Cowen reaffirmed a “hold” rating and issued a $12.00 price objective on shares of Vista Outdoor in a research note on Thursday, May 9th. Monness Crespi & Hardt raised Vista Outdoor from a “neutral” rating to a “buy” rating and set a $12.00 price objective for the company in a research note on Friday, May 10th. ValuEngine raised Vista Outdoor from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. Zacks Investment Research downgraded Vista Outdoor from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 16th. Finally, Lake Street Capital initiated coverage on Vista Outdoor in a research note on Tuesday, July 9th. They issued a “buy” rating and a $11.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $14.00.
Vista Outdoor Inc designs, manufactures, and markets consumer products for outdoor sports and recreation markets in the United States and internationally. The company operates through Outdoor Products and Shooting Sports segments. The Outdoor Products segment offer sports products for action sports, including helmets, goggles, and accessories for cycling, snow, action, and power sports; archery/hunting accessories, such as hunting arrows, game calls, hunting blinds, game cameras, and waterfowl decoys; outdoor cooking solutions for camping; eyewear and sport protection products, including safety and protective eyewear, and fashion and sports eyewear; golf products, such as laser rangefinders; hydration products comprising hydration packs and water bottles; optical products, such as binoculars, riflescopes, and telescopes; shooting accessories, including reloading equipment, clay targets, and premium gun care products; tactical products, such as holsters, duty gear, bags, and packs; and water sports products, including stand up paddle boards.
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