|Bid||9.97 x 1000|
|Ask||11.14 x 2900|
|Day's Range||10.49 - 10.82|
|52 Week Range||10.28 - 20.04|
|Beta (3Y Monthly)||0.46|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.33|
Moody's Investors Service (Moody's) affirmed all ratings for Vista Outdoor Inc. (Vista), including its B1 Corporate Family Rating (CFR), B1-PD Probability of Default Rating and B3 senior unsecured rating. The affirmation follows the company refinancing its unrated credit facility, including a senior secured revolving credit facility and senior secured term loans. On November 19, 2018, Vista entered into $600 million of new, unrated senior secured credit facilities.
Vista Outdoor Inc. (VSTO) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock
"I'm proud of our team for meeting our commitments to get these new credit agreements in place," said Vista Outdoor Chief Executive Officer Chris Metz. "This was an important deliverable, not only for the short-term health of our business but also as we continue to transform Vista Outdoor. The new credit agreements provide for a $450 million revolving credit facility, a $109.3 million term loan, and a $40 million junior term loan.
When the dust settled from the midterm elections, President Donald Trump did something both shocking and inevitable: he fired Attorney General Jeff Sessions. Occupying a contentious tenure from the start, Sessions passive-aggressively clashed with Trump by recusing himself from the Russian-meddling inquiry. Political insiders characterized Sessions as having a “tough sheriff” personality.
Inc. updated its earnings guidance for the current fiscal year, driven by stronger sequential sales growth in its shooting sports and outdoor products segments. The Utah-based maker of ammunition and a range of outdoor and sporting equipment reported a loss of $32.8 million, or 57 cents a share, in its second quarter, compared with a loss of $114.7 million, or $2.01 a share, a year earlier. On an adjusted basis, the company made 5 cents a share.
Shares of Vista Outdoor Inc. ran up 16% in morning trade Thursday, to bounce off the previous session's record low, after the outdoor gear and guns seller reported fiscal second-quarter results that beat expectations. The rally comes after the stock plunged 30% during October, falling in 19 of the month's 23 trading sessions, compared with a 6.9% drop in the S&P 500 over the same time. Earlier, the company reported a net loss that narrowed to $32.8 million, or 57 cents a share, from $114.7 million, or $2.01 a share, in the same period a year ago. Excluding non-recurring items, including a loss on the Eyewear sale, debt issuance costs and the impairment of intangibles, adjusted earnings per share came to 5 cents, beating the FactSet consensus of 2 cents. Sales declined 7% to $546.6 million from $587.3 million, but was above the FactSet consensus of $541.2 million. Vista said it determined during the quarter that a return to growth for its hunting and shooting accessories and sports protection businesses will take longer than expected, leading to a reduction in cash flow projections given lower sales volumes and higher discounting, which resulted in a $152 million impairment of goodwill and intangible assets. The company expects fiscal 2019 adjusted EPS of 15 cents to 35 cents, surrounding expectations of 26 cents.
The Farmington, Utah-based company said it had a loss of 57 cents per share. Earnings, adjusted for one-time gains and costs, came to 5 cents per share. The results beat Wall Street expectations. The average ...
Vista Outdoor Completes Sale of Eyewear Brands, Pays Down $143 Million of Debt Vista Outdoor Takes Next Step in Transformation Plan by Commencing Divestiture Process for Savage Vista Outdoor Raises Low ...
NEW YORK, Oct. 24, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
FARMINGTON, Utah , Oct. 11, 2018 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (NYSE: VSTO) will host its investor conference call on second quarter fiscal year 2019 financial results ...
BEIJING/WASHINGTON, Sept 18 (Reuters) - China said on Tuesday that it had no choice but to retaliate against new U.S. trade tariffs, raising the risk that U.S. President Donald Trump could soon impose duties on virtually all of the Chinese goods that America buys. The Chinese commerce ministry's statement came hours after Trump said he was imposing 10 percent tariffs on about $200 billion worth of imports from China, and threatened duties on about $267 billion more if China retaliated against the U.S. action.
FARMINGTON, Utah, Sept. 6, 2018 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (VSTO) announced today that it has named Kelly Reisdorf to serve as its Vice President of Investor Relations. "Kelly is a high-energy, results-oriented leader who will effectively communicate Vista Outdoor's strategy and outcomes with shareholders and analysts," said Mick Lopez, Vista Outdoor's Chief Financial Officer. "She has been with Vista Outdoor for 11 years in various capacities, most recently serving as our Vice President of Enterprise IT and, therefore, she is already knowledgeable about our operations, products, systems and markets.
FARMINGTON, Utah, Sept. 4, 2018 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (VSTO) announced today that it has completed the divestiture of the legal entities operating its Bollé, Cébé and Serengeti brands (the "Eyewear Brands"). "Completing the sale of our Eyewear brands is a positive step in our strategic transformation plan," said Chris Metz, Vista Outdoor's Chief Executive Officer. Vista Outdoor announced its intention sell the Eyewear business in November of 2017.
U.S. businesses have a message for the Trump administration: New tariffs on $200 billion (£156.42 billion) of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to first bicycles and wedding dresses to coffins. Six days of public hearings on the proposed duties of up to 25 percent started on Monday in Washington as part of President Donald Trump's and the U.S. Trade Representative's efforts to pressure Beijing for sweeping changes to its trade and economic policies. Unlike previous rounds of U.S. tariffs, which sought to shield consumers by targeting Chinese industrial machinery, electronic components and other intermediate goods, thousands of consumer products could be directly hit with higher tariffs by late September.
U.S. businesses have a message for the Trump administration: New tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to first bicycles and wedding dresses to coffins. Six days of public hearings on the proposed duties of up to 25 percent started on Monday in Washington as part of President Donald Trump's and the U.S. Trade Representative's efforts to pressure Beijing for sweeping changes to its trade and economic policies. Unlike previous rounds of U.S. tariffs, which sought to shield consumers by targeting Chinese industrial machinery, electronic components and other intermediate goods, thousands of consumer products could be directly hit with higher tariffs by late September.
Vista Outdoor (NYSE:VSTO) stock was flying high on Thursday following the release of its earnings report for its fiscal first quarter of 2019. This is down from its earnings per share of 24 cents from the same time last year. Vista Outdoor’s earnings report for its fiscal first quarter of the year also includes a net loss of $52.35 million.
Vista Outdoor (VSTO) delivered earnings and revenue surprises of 100.00% and -3.70%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?