Equities research analysts expect Vista Outdoor Inc (NYSE:VSTO) to announce earnings per share (EPS) of $0.13 for the current quarter, Zacks reports. Three analysts have made estimates for Vista Outdoor’s earnings, with the lowest EPS estimate coming in at $0.11 and the highest estimate coming in at $0.16. Vista Outdoor posted earnings per share of ($0.22) during the same quarter last year, which suggests a positive year over year growth rate of 159.1%. The business is scheduled to announce its next earnings results on Tuesday, May 7th.

On average, analysts expect that Vista Outdoor will report full-year earnings of $0.26 per share for the current fiscal year, with EPS estimates ranging from $0.20 to $0.30. For the next year, analysts anticipate that the business will post earnings of $0.44 per share, with EPS estimates ranging from $0.33 to $0.55. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Vista Outdoor.

Vista Outdoor (NYSE:VSTO) last issued its earnings results on Thursday, February 7th. The company reported $0.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.04. Vista Outdoor had a negative return on equity of 0.44% and a negative net margin of 29.12%. The company had revenue of $467.80 million during the quarter, compared to the consensus estimate of $505.40 million. During the same quarter in the prior year, the business earned $0.13 earnings per share. The company’s revenue was down 19.5% compared to the same quarter last year.

A number of brokerages recently commented on VSTO. Zacks Investment Research downgraded Vista Outdoor from a “buy” rating to a “hold” rating in a report on Wednesday. B. Riley began coverage on Vista Outdoor in a report on Thursday, February 28th. They issued a “buy” rating and a $13.00 price target for the company. Roth Capital reissued a “neutral” rating on shares of Vista Outdoor in a report on Friday, February 8th. Finally, ValuEngine downgraded Vista Outdoor from a “hold” rating to a “sell” rating in a report on Monday, February 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $15.88.

A number of institutional investors and hedge funds have recently modified their holdings of VSTO. Russell Investments Group Ltd. raised its stake in Vista Outdoor by 386.4% during the third quarter. Russell Investments Group Ltd. now owns 35,498 shares of the company’s stock valued at $635,000 after buying an additional 28,200 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Vista Outdoor during the third quarter valued at approximately $644,000. US Bancorp DE raised its stake in Vista Outdoor by 24.9% during the third quarter. US Bancorp DE now owns 24,680 shares of the company’s stock valued at $442,000 after buying an additional 4,920 shares in the last quarter. Sterling Capital Management LLC acquired a new stake in Vista Outdoor during the third quarter valued at approximately $1,083,000. Finally, Wells Fargo & Company MN raised its stake in Vista Outdoor by 1.9% during the third quarter. Wells Fargo & Company MN now owns 264,107 shares of the company’s stock valued at $4,726,000 after buying an additional 4,835 shares in the last quarter. 95.27% of the stock is owned by hedge funds and other institutional investors.

VSTO traded up $0.03 on Friday, reaching $8.14. The company’s stock had a trading volume of 1,443,958 shares, compared to its average volume of 575,753. The company has a market capitalization of $455.45 million, a P/E ratio of 16.28 and a beta of 0.07. Vista Outdoor has a 1 year low of $7.87 and a 1 year high of $19.41. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.78 and a current ratio of 2.95.

Vista Outdoor Company Profile

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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Earnings History and Estimates for Vista Outdoor (NYSE:VSTO)

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