During the last three months, 4 analysts shared their evaluations of Vista Outdoor VSTO, revealing diverse outlooks from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 3 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Vista Outdoor, presenting an average target of $41.25, a high estimate of $43.00, and a low estimate of $40.00. Observing a 1.43% increase, the current average has risen from the previous average price target of $40.67.
Understanding Analyst Ratings: A Comprehensive Breakdown
The analysis of recent analyst actions sheds light on the perception of Vista Outdoor by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Matt Koranda | Roth MKM | Maintains | Neutral | $42.00 | $42.00 |
| Eric Wold | B. Riley Securities | Maintains | Neutral | $43.00 | $43.00 |
| Rommel Dionisio | Aegis Capital | Announces | Hold | $40.00 | - |
| Mark Smith | Lake Street | Raises | Hold | $40.00 | $37.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Vista Outdoor. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Vista Outdoor compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Vista Outdoor's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Vista Outdoor's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Vista Outdoor analyst ratings.
Get to Know Vista Outdoor Better
Vista Outdoor Inc designs, develops, and manufactures outdoor sports and recreation products, and is domiciled in the United States. The company operates through the following reportable segments: the Kinetic Group, Revelyst Outdoor Performance, Revelyst Adventure Sports, and Revelyst Precision Sports Technology. The majority of the company's revenue is generated from its Kinetic Group segment which consists of its ammunition brands and provides ammunition used for training, hunting, target shooting, and personal protection.
Vista Outdoor: Financial Performance Dissected
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Decline in Revenue: Over the 3 months period, Vista Outdoor faced challenges, resulting in a decline of approximately -7.09% in revenue growth as of 30 June, 2024. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Vista Outdoor's net margin excels beyond industry benchmarks, reaching 8.87%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 4.94%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Vista Outdoor's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.4%, the company showcases efficient use of assets and strong financial health.
Debt Management: Vista Outdoor's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.63.
How Are Analyst Ratings Determined?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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