Equities analysts expect Vista Outdoor Inc (NYSE:VSTO) to post $505.44 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Vista Outdoor’s earnings, with the highest sales estimate coming in at $506.00 million and the lowest estimate coming in at $504.88 million. Vista Outdoor posted sales of $581.20 million in the same quarter last year, which suggests a negative year-over-year growth rate of 13%. The business is expected to report its next quarterly earnings results on Thursday, February 14th.
According to Zacks, analysts expect that Vista Outdoor will report full-year sales of $2.12 billion for the current year, with estimates ranging from $2.11 billion to $2.13 billion. For the next fiscal year, analysts forecast that the company will report sales of $2.15 billion, with estimates ranging from $2.10 billion to $2.20 billion. Zacks’ sales calculations are an average based on a survey of sell-side research firms that that provide coverage for Vista Outdoor.
Vista Outdoor (NYSE:VSTO) last announced its earnings results on Thursday, November 1st. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. The company had revenue of $546.60 million during the quarter, compared to the consensus estimate of $541.20 million. Vista Outdoor had a negative return on equity of 0.19% and a negative net margin of 2.13%. The firm’s revenue for the quarter was down 6.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.34 earnings per share.
Shares of Vista Outdoor stock opened at $13.69 on Friday. The company has a quick ratio of 1.44, a current ratio of 2.69 and a debt-to-equity ratio of 0.63. The company has a market cap of $795.62 million, a P/E ratio of 27.24 and a beta of 0.40. Vista Outdoor has a 52 week low of $12.49 and a 52 week high of $20.04.
Institutional investors and hedge funds have recently bought and sold shares of the business. Laurion Capital Management LP bought a new position in Vista Outdoor in the third quarter worth $196,000. NumerixS Investment Technologies Inc raised its holdings in Vista Outdoor by 34.9% in the second quarter. NumerixS Investment Technologies Inc now owns 11,200 shares of the company’s stock worth $177,000 after purchasing an additional 2,898 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Vista Outdoor in the second quarter worth $188,000. United Services Automobile Association bought a new position in Vista Outdoor in the third quarter worth $234,000. Finally, Bank of Montreal Can raised its holdings in Vista Outdoor by 262.4% in the second quarter. Bank of Montreal Can now owns 13,187 shares of the company’s stock worth $204,000 after purchasing an additional 9,548 shares in the last quarter. Institutional investors and hedge funds own 97.89% 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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