Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Vista Outdoor Inc (NYSE: VSTO) weakened during the last several trading days. VSTO’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 5/10/24, Vista Outdoor Inc (NYSE: VSTO) stock declined modestly by -1.4%, closing at $35.60. This decline was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months and has risen 1.3% during the last week.
Current PriceTarget Research Rating
VSTO’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Vista Outdoor has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Vista Outdoor has a slightly negative Appreciation Score of 36 but a good Power Rating of 74, with the Neutral Value Trend Rating the result.
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