StockNews.com lowered shares of Vista Outdoor (NYSE:VSTO – Get Rating) from a buy rating to a hold rating in a research note issued to investors on Tuesday morning.
VSTO has been the subject of several other research reports. Lake Street Capital decreased their price target on shares of Vista Outdoor from $45.00 to $35.00 in a research note on Friday, February 3rd. B. Riley reduced their price objective on shares of Vista Outdoor from $45.00 to $41.00 and set a buy rating for the company in a research note on Friday, February 3rd. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of Hold and a consensus price target of $41.67.
Vista Outdoor Stock Performance
Vista Outdoor stock opened at $27.20 on Tuesday. The company has a 50 day moving average price of $27.62 and a 200-day moving average price of $26.90. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.99 and a current ratio of 2.39. Vista Outdoor has a fifty-two week low of $22.97 and a fifty-two week high of $41.20. The company has a market capitalization of $1.54 billion, a PE ratio of 3.98 and a beta of 0.96.
Institutional Investors Weigh In On Vista Outdoor
A number of large investors have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD boosted its stake in shares of Vista Outdoor by 3.0% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 11,246 shares of the company’s stock worth $314,000 after acquiring an additional 323 shares in the last quarter. Cetera Advisor Networks LLC boosted its stake in shares of Vista Outdoor by 3.0% during the 2nd quarter. Cetera Advisor Networks LLC now owns 11,486 shares of the company’s stock worth $320,000 after acquiring an additional 331 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Vista Outdoor by 0.3% during the 1st quarter. Rhumbline Advisers now owns 125,532 shares of the company’s stock worth $4,480,000 after acquiring an additional 334 shares in the last quarter. SummerHaven Investment Management LLC boosted its stake in shares of Vista Outdoor by 1.5% during the 4th quarter. SummerHaven Investment Management LLC now owns 28,968 shares of the company’s stock worth $706,000 after acquiring an additional 423 shares in the last quarter. Finally, Eagle Bay Advisors LLC boosted its stake in shares of Vista Outdoor by 54.8% during the 4th quarter. Eagle Bay Advisors LLC now owns 1,300 shares of the company’s stock worth $32,000 after acquiring an additional 460 shares in the last quarter. 85.56% of the stock is owned by hedge funds and other institutional investors.
About Vista Outdoor
Vista Outdoor, Inc engages in the design, manufacture, and marketing of consumer products in the outdoor sports and recreation markets. It operates through the following segments: Shooting Sports and Outdoor Products. The Shooting Sports segment is comprised of ammunition and hunting & shooting accessories product lines.
- Get a free copy of the StockNews.com research report on Vista Outdoor (VSTO)
- Monoclonal Antibodies? Avid Bioservices surges 32% on Blowout Q3
- GitLab Crashes On Guidance; Analysts Defend
- Healthcare Stocks With at Least 30 Years of Dividend Increases
- Coinbase Pops As SVB Crumbles To Dust
- Airlines Update Guidance, Shares Head For Different Destinations
Receive News & Ratings for Vista Outdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vista Outdoor and related companies with MarketBeat.com's FREE daily email newsletter.