Vista Outdoor (NYSE:VSTO) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Vista Outdoor (NYSE:VSTO) in a research note released on Tuesday. The firm issued a buy rating on the stock.

VSTO has been the subject of a number of other research reports. Roth Mkm upgraded Vista Outdoor from a neutral rating to a buy rating and boosted their price objective for the company from $31.00 to $38.00 in a report on Thursday, April 4th. Roth Capital raised shares of Vista Outdoor from a neutral rating to a buy rating in a research report on Thursday, April 4th. Finally, Monness Crespi & Hardt raised their target price on shares of Vista Outdoor from $34.00 to $37.00 and gave the stock a buy rating in a research report on Friday, February 2nd. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of Buy and an average price target of $34.67.

Vista Outdoor Stock Up 0.7 %

Shares of NYSE VSTO opened at $35.92 on Tuesday. Vista Outdoor has a 1 year low of $23.33 and a 1 year high of $36.37. The firm has a 50-day simple moving average of $33.06 and a two-hundred day simple moving average of $29.81. The company has a market cap of $2.09 billion, a P/E ratio of -6.01 and a beta of 0.93. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.58 and a quick ratio of 1.09.

Institutional Investors Weigh In On Vista Outdoor

Large investors have recently modified their holdings of the business. Gates Capital Management Inc. raised its stake in Vista Outdoor by 5.7% in the third quarter. Gates Capital Management Inc. now owns 5,785,046 shares of the company’s stock worth $191,601,000 after buying an additional 312,800 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Vista Outdoor by 0.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,161,469 shares of the company’s stock worth $123,056,000 after purchasing an additional 21,733 shares during the last quarter. Pacer Advisors Inc. boosted its position in Vista Outdoor by 57.4% during the fourth quarter. Pacer Advisors Inc. now owns 2,980,595 shares of the company’s stock valued at $88,136,000 after purchasing an additional 1,086,671 shares in the last quarter. Cooper Creek Partners Management LLC grew its stake in Vista Outdoor by 45.5% in the third quarter. Cooper Creek Partners Management LLC now owns 2,703,561 shares of the company’s stock valued at $89,542,000 after purchasing an additional 844,865 shares during the last quarter. Finally, Brown Advisory Inc. raised its holdings in Vista Outdoor by 14.2% in the fourth quarter. Brown Advisory Inc. now owns 1,318,975 shares of the company’s stock worth $39,002,000 after purchasing an additional 164,385 shares in the last quarter. Institutional investors own 90.51% of the company’s stock.

About Vista Outdoor

Vista Outdoor Inc designs, manufactures, and markets outdoor recreation and shooting sports products. 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 for hunters, recreational shooters, federal and local law enforcement agencies, and military.