The stock price of Vista Outdoor Inc (NYSE: VSTO) has surged by 1.22 when compared to previous closing price of 34.48, but the company has seen a 1.04% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-05-09 that Vista Outdoor Inc. (NYSE:VSTO ) Q4 2024 Results Conference Call May 9, 2024 9:00 AM ET Company Participants Tyler Lindwall – Vice President of Investor Relations Eric Nyman – co-CEO of Vista Outdoor and CEO Revelyst Jason Vanderbrink – co-CEO Vista Outdoor and CEO Kinetic Group Andy Keegan – Chief Financial Officer, Vista Outdoor Conference Call Participants Anna Glaessgen – B. Riley Matt Koranda – Roth Capital Partners Jim Chartier – Monness, Crespi and Hardt Mark Smith – Lake Street Capital Markets Operator Hello and welcome to the Fourth Quarter Fiscal Year 2024 Vista Outdoor Earnings Conference Call.
Is It Worth Investing in Vista Outdoor Inc (NYSE: VSTO) Right Now?
Additionally, the 36-month beta value for VSTO is 0.88. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 8 rating it as “hold,” and 1 rating it as “sell.”
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The public float for VSTO is 50.30M and currently, short sellers hold a 2.17% ratio of that float. The average trading volume of VSTO on May 27, 2024 was 525.05K shares.
VSTO’s Market Performance
The stock of Vista Outdoor Inc (VSTO) has seen a 1.04% increase in the past week, with a 0.63% rise in the past month, and a 15.79% gain in the past quarter. The volatility ratio for the week is 1.57%, and the volatility levels for the past 30 days are at 1.85% for VSTO. The simple moving average for the last 20 days is -0.31% for VSTO stock, with a simple moving average of 16.06% for the last 200 days.
Analysts’ Opinion of VSTO
Many brokerage firms have already submitted their reports for VSTO stocks, with Monness Crespi & Hardt repeating the rating for VSTO by listing it as a “Buy.” The predicted price for VSTO in the upcoming period, according to Monness Crespi & Hardt is $41 based on the research report published on May 10, 2024 of the current year 2024.
Lake Street, on the other hand, stated in their research note that they expect to see VSTO reach a price target of $37, previously predicting the price at $33. The rating they have provided for VSTO stocks is “Hold” according to the report published on May 10th, 2024.
ROTH MKM gave a rating of “Buy” to VSTO, setting the target price at $38 in the report published on April 04th of the current year.
VSTO Trading at 3.47% from the 50-Day Moving Average
After a stumble in the market that brought VSTO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.03% of loss for the given period.
Volatility was left at 1.85%, however, over the last 30 days, the volatility rate increased by 1.57%, as shares sank -0.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.44% upper at present.
During the last 5 trading sessions, VSTO rose by +1.04%, which changed the moving average for the period of 200-days by +17.27% in comparison to the 20-day moving average, which settled at $35.00. In addition, Vista Outdoor Inc saw 18.03% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VSTO starting from MCARTHUR GARY L, who purchase 1,735 shares at the price of $25.94 back on Nov 21 ’23. After this action, MCARTHUR GARY L now owns 94,560 shares of Vista Outdoor Inc, valued at $45,006 using the latest closing price.
Robinson Michael D, the Director of Vista Outdoor Inc, sale 4,159 shares at $27.76 during a trade that took place back on Jun 07 ’23, which means that Robinson Michael D is holding 21,430 shares at $115,454 based on the most recent closing price.
Stock Fundamentals for VSTO
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.31 for the gross margin
The net margin for Vista Outdoor Inc stands at -0.0. The total capital return value is set at 0.03. Equity return is now at value -0.49, with -0.21 for asset returns.
Based on Vista Outdoor Inc (VSTO), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.56. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 1.52.
Currently, EBITDA for the company is 368.56 million with net debt to EBITDA at 2.08. When we switch over and look at the enterprise to sales, we see a ratio of 1.02. The receivables turnover for the company is 7.52for trailing twelve months and the total asset turnover is 1.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.79.
Conclusion
In conclusion, Vista Outdoor Inc (VSTO) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
