Vista Outdoor (NYSE:VSTO) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Vista Outdoor (NYSE:VSTOGet Free Report) announced its earnings results on Wednesday. The company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.03, Briefing.com reports. The company had revenue of $693.67 million during the quarter, compared to the consensus estimate of $701.43 million. Vista Outdoor had a positive return on equity of 19.75% and a negative net margin of 0.20%. The firm’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.08 earnings per share. Vista Outdoor updated its FY25 guidance to $3.60-4.50 EPS and its FY 2025 guidance to 3.600-4.500 EPS.

Vista Outdoor Price Performance

Vista Outdoor stock traded down $0.52 during mid-day trading on Friday, reaching $35.60. The stock had a trading volume of 627,276 shares, compared to its average volume of 505,927. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.09 and a current ratio of 2.79. Vista Outdoor has a one year low of $23.33 and a one year high of $36.37. The company has a 50-day moving average price of $33.31 and a two-hundred day moving average price of $29.97.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Monness Crespi & Hardt boosted their price target on shares of Vista Outdoor from $37.00 to $41.00 and gave the company a “buy” rating in a research report on Friday. Roth Capital upgraded Vista Outdoor from a “neutral” rating to a “buy” rating in a report on Thursday, April 4th. Lake Street Capital cut shares of Vista Outdoor from a “buy” rating to a “hold” rating and boosted their target price for the company from $33.00 to $37.00 in a report on Friday. StockNews.com started coverage on shares of Vista Outdoor in a research note on Tuesday. They issued a “buy” rating for the company. Finally, Roth Mkm raised shares of Vista Outdoor from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $31.00 to $38.00 in a research note on Thursday, April 4th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Vista Outdoor currently has an average rating of “Moderate Buy” and a consensus target price of $38.67.

Check Out Our Latest Analysis on VSTO

About Vista Outdoor

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Vista Outdoor Inc designs, manufactures, and markets outdoor recreation and shooting sports products. in the United States and internationally. The company operates through two segments, Sporting Products and Outdoor Products. The Sporting Products segment designs, develops, manufactures, and distributes ammunitions, components, and related equipment and accessories for hunters, recreational shooters, federal and local law enforcement agencies, and military.

See Also

Earnings History for Vista Outdoor (NYSE:VSTO)

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