For its first fiscal quarter (ending June 30), Vista Outdoor Inc (NYSE: VSTO) has reported a -3% decline in E.P.S. from $1.01 a year ago to $0.98 in the current quarter. E.P.S. were $-0.11 for the latest four quarters through June 30 versus $-1.37 for the same period a year ago.
Recent Price Action
On 8/5/24, Vista Outdoor Inc (NYSE: VSTO) stock declined by -3.8%, closing at $38.37. Moreover, unusually high trading volume at 162% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -0.6% 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 A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Vista Outdoor has a slightly positive Appreciation Score of 65 and a very high Power Rating of 96, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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