Vista Outdoor Inc (NYSE: VSTO)’s stock price has dropped by -0.45 in relation to previous closing price of 39.60. Nevertheless, the company has seen a loss of -1.82% in its stock price over the last five trading days. businesswire.com reported 2024-09-18 that ANOKA, Minn.–(BUSINESS WIRE)–Vista Outdoor Inc. (“Vista Outdoor”, the “Company”) (NYSE: VSTO) today issued the following statement from the Company’s Chairman of the Board, Michael Callahan: We are committed to continuing to explore all opportunities to maximize the value of Revelyst, including a potential sale. Since September 15th, we have been in active dialogue with the private equity firm partnered with MNC Capital, separate and apart from MNC, and are committed to considering any offers.
Is It Worth Investing in Vista Outdoor Inc (NYSE: VSTO) Right Now?
Moreover, the 36-month beta value for VSTO is 0.81. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 8 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for VSTO is 51.58M and currently, short sellers hold a 4.51% of that float. On September 20, 2024, VSTO’s average trading volume was 652.30K shares.
VSTO’s Market Performance
The stock of Vista Outdoor Inc (VSTO) has seen a -1.82% decrease in the past week, with a 0.69% rise in the past month, and a 16.83% gain in the past quarter. The volatility ratio for the week is 1.42%, and the volatility levels for the past 30 days are at 1.82% for VSTO. The simple moving average for the last 20 days is 0.32% for VSTO’s stock, with a simple moving average of 16.56% for the last 200 days.
Analysts’ Opinion of VSTO
B. Riley Securities, on the other hand, stated in their research note that they expect to see VSTO reach a price target of $43. The rating they have provided for VSTO stocks is “Neutral” according to the report published on August 07th, 2024.
Monness Crespi & Hardt gave a rating of “Buy” to VSTO, setting the target price at $41 in the report published on May 10th of the current year.
VSTO Trading at 1.47% 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 -4.11% of loss for the given period.
Volatility was left at 1.82%, however, over the last 30 days, the volatility rate increased by 1.42%, as shares surge +0.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.27% upper at present.
During the last 5 trading sessions, VSTO fell by -1.82%, which changed the moving average for the period of 200-days by +38.22% in comparison to the 20-day moving average, which settled at $39.31. In addition, Vista Outdoor Inc saw 33.31% 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.
Stock Fundamentals for VSTO
Current profitability levels for the company are sitting at:
- 0.01 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 0.01. Equity return is now at value -0.55, with -0.25 for asset returns.
Based on Vista Outdoor Inc (VSTO), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.59. The debt to equity ratio resting at 0.55. The interest coverage ratio of the stock is 0.71.
Currently, EBITDA for the company is 383.59 million with net debt to EBITDA at 2.07. When we switch over and look at the enterprise to sales, we see a ratio of 1.11. The receivables turnover for the company is 7.58for 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 2.80.
Conclusion
To wrap up, the performance of Vista Outdoor Inc (VSTO) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
