Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Vista Outdoor Inc (NYSE: VSTO) improved in the last week. VSTO’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 3/8/24, Vista Outdoor Inc (NYSE: VSTO) stock declined slightly by -0.6%, closing at $31.88. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 2.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, VSTO is expected to continue to be a major Value Builder.
Vista Outdoor has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Vista Outdoor has a slightly positive Appreciation Score of 66 and a good Power Rating of 73, triggering the Positive Value Trend Rating.
Be the first to comment