The stock of Vista Outdoor Inc (NYSE:VSTO) is a huge mover today! About 1.14 million shares traded hands or 112.45% up from the average. Vista Outdoor Inc (NYSE:VSTO) has declined 22.08% since April 8, 2016 and is downtrending. It has underperformed by 27.73% the S&P500.
The move comes after 8 months positive chart setup for the $2.30B company. It was reported on Nov, 10 by Barchart.com. We have $47.20 PT which if reached, will make NYSE:VSTO worth $460.00 million more.
Vista Outdoor Inc (NYSE:VSTO) Ratings Coverage
Out of 9 analysts covering Vista Outdoor (NYSE:VSTO), 7 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 78% are positive. Vista Outdoor has been the topic of 13 analyst reports since July 24, 2015 according to StockzIntelligence Inc. BB&T Capital initiated Vista Outdoor Inc (NYSE:VSTO) on Friday, July 24 with “Buy” rating. As per Monday, March 28, the company rating was maintained by Cowen & Co. The firm earned “Buy” rating on Wednesday, June 15 by Roth Capital. Wunderlich maintained it with “Buy” rating and $57.0 target price in Thursday, August 13 report. Monness Crespi & Hardt downgraded the shares of VSTO in a report on Friday, August 12 to “Neutral” rating. KeyBanc Capital Markets upgraded the shares of VSTO in a report on Tuesday, August 30 to “Overweight” rating. CL King initiated Vista Outdoor Inc (NYSE:VSTO) on Monday, September 19 with “Buy” rating. RBC Capital Markets maintained Vista Outdoor Inc (NYSE:VSTO) rating on Tuesday, August 11. RBC Capital Markets has “Outperform” rating and $58 price target. The rating was maintained by Wunderlich with “Buy” on Friday, February 26. As per Friday, August 14, the company rating was maintained by Monness Crespi & Hardt.
According to Zacks Investment Research, “Vista Outdoor Inc. develops, manufacture and distribute optics, accessories and eyewear. The Company operates in two segments: Shooting Sports and Outdoor Products. Its product consist of binoculars, laser rangefinders, riflescopes, trail cameras, archery accessories, blinds, decoys, game calls, gun care products, mounts, powder, reloading equipment, targets, target systems, safety and protective eyewear, fashion and sports eyewear. The company’s product portfolio include Bushnell(R), Primos(R), BollÃ¨(R), Serengeti(R), CÃ¨bÃ¨, RCBS(R), Hoppe’s(R), Uncle Mike’s(R), Gold Tip(R), Weaver(R) and Tasco(R). Vista Outdoor Inc. is headquartered in Utah.”
More notable recent Vista Outdoor Inc (NYSE:VSTO) news were published by: Prnewswire.com which released: “Vista Outdoor to Release Second Quarter Fiscal Year 2017 Financial Results” on October 20, 2016, also Marketwatch.com with their article: “How Vista Outdoor could benefit from a Hillary Clinton presidency” published on August 30, 2016, Prnewswire.com published: “Vista Outdoor Board of Directors Approves $100 Million Share Repurchase Program” on August 25, 2016. More interesting news about Vista Outdoor Inc (NYSE:VSTO) were released by: Prnewswire.com and their article: “Vista Outdoor to Host Company Investor Day” published on October 06, 2016 as well as Prnewswire.com‘s news article titled: “Vista Outdoor to Release First Quarter Fiscal Year 2017 Financial Results” with publication date: July 21, 2016.
VSTO Company Profile
Vista Outdoor Inc., incorporated on April 24, 2014, is a designer, maker and marketer of consumer products in the outdoor sports and recreation markets. The Firm operates through two divisions: Shooting Sports and Outdoor Products. The Firm serves the outdoor sports and recreation markets through a portfolio of over 40 brands that provide clients with a range of products, including sporting ammunition and firearms, outdoor accessories, outdoor sports optics, golf rangefinders, performance eyewear, hydration products and stand up paddle boards. It serves a range of end consumers, including outdoor enthusiasts, hunters and recreational shooters, athletes, as well as law enforcement and military professionals. The Company’s products are sold through a range of mass, specialty and independent retailers. It also sells certain of its products directly to clients through the relevant brand’s Website.
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