Somewhat Positive News Coverage Somewhat Unlikely to Impact Vista Outdoor (VSTO) Share Price

Media stories about Vista Outdoor (NYSE:VSTO) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Vista Outdoor earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.7182909501992 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of brokerages have recently issued reports on VSTO. BidaskClub upgraded shares of Vista Outdoor from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. Zacks Investment Research raised shares of Vista Outdoor from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research report on Thursday, October 12th. Jefferies Group reissued a “buy” rating on shares of Vista Outdoor in a research report on Wednesday, October 11th. Roth Capital set a $21.00 price target on shares of Vista Outdoor and gave the company a “hold” rating in a research report on Friday, October 6th. Finally, Cowen reissued a “hold” rating and issued a $26.00 price target on shares of Vista Outdoor in a research report on Wednesday, October 4th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $23.40.

Vista Outdoor (VSTO) opened at $14.51 on Thursday. The company has a quick ratio of 1.63, a current ratio of 3.03 and a debt-to-equity ratio of 0.86. The company has a market cap of $848.39 and a price-to-earnings ratio of -1.77. Vista Outdoor has a one year low of $12.35 and a one year high of $39.49.

Vista Outdoor (NYSE:VSTO) last issued its earnings results on Thursday, November 9th. The company reported $0.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.07. The business had revenue of $587.00 million for the quarter, compared to the consensus estimate of $588.85 million. Vista Outdoor had a negative net margin of 19.53% and a negative return on equity of 37.65%. The business’s quarterly revenue was down 14.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.74 earnings per share. equities research analysts anticipate that Vista Outdoor will post 0.57 EPS for the current year.

In other news, Director Mark A. Gottfredson acquired 5,000 shares of the business’s stock in a transaction dated Tuesday, December 5th. The stock was acquired at an average price of $14.60 per share, with a total value of $73,000.00. Following the completion of the transaction, the director now directly owns 21,716 shares in the company, valued at approximately $317,053.60. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Christopher T. Metz acquired 6,500 shares of the business’s stock in a transaction dated Tuesday, December 5th. The stock was purchased at an average cost of $14.86 per share, with a total value of $96,590.00. Following the transaction, the chief executive officer now owns 87,256 shares of the company’s stock, valued at $1,296,624.16. The disclosure for this purchase can be found here. Insiders acquired 16,000 shares of company stock worth $231,165 in the last ninety days. Insiders own 1.50% of the company’s stock.

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Vista Outdoor Company Profile

Vista Outdoor Inc is a designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets. The Company operates through two segments: Shooting Sports and Outdoor Products. Its Shooting Sports segment designs, develops, produces and sources ammunition and firearms for the hunting and sport shooting enthusiast markets, as well as ammunition for local law enforcement, the United States Government and international markets.

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