Vista Outdoor Inc [VSTO] stock is trading at $33.30, up 3.22%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VSTO shares have gain 5.01% over the last week, with a monthly amount glided 11.48%, and seem to be holding up well over a long-time horizon.
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On 25, March 2024, Vista Outdoor Confirms Receipt of Revised Indication of Interest from MNC Capital. In a post published today on Yahoo Finance, Vista Outdoor Inc. (NYSE: VSTO) today confirmed that it has received a revised unsolicited indication of interest from MNC Capital (“MNC”) pursuant to which MNC expresses its interest in acquiring Vista Outdoor in an all-cash transaction for $37.50 per share (the “Revised MNC Indication”).
From an analyst’s perspective:
Vista Outdoor Inc [NYSE: VSTO] stock has seen the most recent analyst activity on February 02, 2024, when Monness Crespi & Hardt reiterated its Buy rating and also boosted its price target to $37 from $34. On September 20, 2022, Jefferies initiated with a Hold rating and assigned a price target of $26 on the stock. ROTH Capital downgraded its rating to a Neutral and decreased its price target to $32 on July 26, 2022. MKM Partners initiated its recommendation with a Buy and recommended $54 as its price target on July 13, 2022. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on July 13, 2022. In a note dated May 27, 2021, Monness Crespi & Hardt reiterated an Buy rating on this stock and boosted its target price from $42 to $51.
Vista Outdoor Inc [VSTO] stock has fluctuated between $23.33 and $33.96 over the past year. Vista Outdoor Inc [NYSE: VSTO] shares were valued at $33.30 at the most recent close of the market.
Analyzing the VSTO fundamentals
Vista Outdoor Inc [NYSE:VSTO] reported sales of 2.79B for the trailing twelve months, which represents a drop of -9.61%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.29 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.85.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.40 points at the first support level, and at 31.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.80, and for the 2nd resistance point, it is at 34.30.
Vista Outdoor Inc [VSTO] reported earnings per share of $0.8 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.81/share, meaning a difference of -$0.01 and a surprise factor of -1.20%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.96 per share as compared to estimates of $1.02 per share, a difference of -$0.06 representing a surprise of -5.90%.
Ratios To Look Out For
For context, Vista Outdoor Inc’s Current Ratio is 2.58. As well, the Quick Ratio is 1.09, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.69, the price to book ratio is 1.79.
Transactions by insiders
Recent insider trading involved MCARTHUR GARY L, CEO – Interim, that happened on Nov 21 ’23 when 1735.0 shares were purchased. Director, Robinson Michael D completed a deal on Jun 07 ’23 to sell 4159.0 shares. Meanwhile, Chief Human Resources Officer Crandell Bradford E sold 3954.0 shares on Jun 01 ’23.
