Lake Street Capital began coverage on shares of Vista Outdoor (NYSE:VSTO) in a report issued on Tuesday morning, Briefing.com Automated Import reports. The brokerage issued a buy rating and a $11.00 target price on the stock.

VSTO has been the topic of a number of other research reports. ValuEngine cut Zumiez from a hold rating to a sell rating in a report on Tuesday, July 2nd. Zacks Investment Research cut G1 Therapeutics from a buy rating to a hold rating in a report on Thursday, May 16th. Cowen reissued a hold rating on shares of PDL BioPharma in a report on Thursday, May 9th. B. Riley set a $36.00 price objective on SeaWorld Entertainment and gave the stock a buy rating in a report on Monday. Finally, Monness Crespi & Hardt raised Vista Outdoor from a neutral rating to a buy rating and set a $12.00 price objective on the stock in a report on Friday, May 10th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of $14.00.

Shares of NYSE VSTO opened at $8.37 on Tuesday. Vista Outdoor has a one year low of $7.47 and a one year high of $19.41. The company has a debt-to-equity ratio of 1.12, a current ratio of 2.96 and a quick ratio of 1.88. The company’s fifty day moving average price is $8.46. The stock has a market cap of $485.47 million, a PE ratio of 59.79 and a beta of 0.37.

Vista Outdoor (NYSE:VSTO) last issued its quarterly earnings results on Thursday, May 9th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.12). Vista Outdoor had a negative net margin of 31.50% and a positive return on equity of 0.89%. The firm had revenue of $515.34 million for the quarter, compared to analysts’ expectations of $503.17 million. During the same period in the prior year, the company earned ($0.22) EPS. The firm’s quarterly revenue was down 9.8% on a year-over-year basis. As a group, research analysts forecast that Vista Outdoor will post 0.26 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Crossmark Global Holdings Inc. lifted its position in Vista Outdoor by 4.3% during the second quarter. Crossmark Global Holdings Inc. now owns 29,970 shares of the company’s stock valued at $266,000 after purchasing an additional 1,224 shares in the last quarter. Alambic Investment Management L.P. purchased a new position in Vista Outdoor during the first quarter valued at $344,000. Frontier Capital Management Co. LLC lifted its position in Vista Outdoor by 12.4% during the first quarter. Frontier Capital Management Co. LLC now owns 5,305,969 shares of the company’s stock valued at $42,501,000 after purchasing an additional 586,071 shares in the last quarter. First Mercantile Trust Co. lifted its position in Vista Outdoor by 24.9% during the first quarter. First Mercantile Trust Co. now owns 38,829 shares of the company’s stock valued at $311,000 after purchasing an additional 7,752 shares in the last quarter. Finally, Texas Permanent School Fund lifted its position in Vista Outdoor by 3.8% during the first quarter. Texas Permanent School Fund now owns 39,103 shares of the company’s stock valued at $313,000 after purchasing an additional 1,425 shares in the last quarter. Institutional investors and hedge funds own 94.25% of the company’s stock.

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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Analyst Recommendations for Vista Outdoor (NYSE:VSTO)

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