6.33 0.00 (0.00%)
After hours: 4:16PM EDT
|Bid||6.32 x 1300|
|Ask||6.33 x 1300|
|Day's Range||6.31 - 6.51|
|52 Week Range||4.30 - 15.08|
|Beta (3Y Monthly)||0.59|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.33|
ANOKA, Minn. , Oct. 17, 2019 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (NYSE: VSTO) will host its investor conference call on second quarter fiscal year 2020 financial results on Thursday, ...
Moody's Investors Service (Moody's) downgraded the following ratings for Vista Outdoor Inc. (Vista): Corporate Family Rating (CFR) to B2 from B1, Probability of Default Rating to B2-PD from B1-PD, and senior unsecured rating to Caa1 from B3. The company's revenue, earnings and cash flows are weak due in part to continued demand weakness in the gun industry and disruptions caused by several bankruptcies in the sporting goods retail industry. Moody's expects debt/EBITDA to approach 5.5 times in the next 12 months from over 6.0 times pro forma through a combination of earnings growth and debt repayment with free cash flow.
Zumiez, Vista Outdoor, Nvidia, Intel and Tokyo Electron highlighted as Zacks Bull and Bear of the Day
Shares of ammunition maker Vista Outdoor Inc. sank 4.7% in afternoon trading Tuesday, after Walmart Inc. said it was halting the sale of some rifle ammunition that can also be used in military-style weapons. Walmart also said it would sell through its handgun ammunition and will end handgun sales in Alaska, which will mark the retailer's complete exit from handguns. Vista's stock selloff comes after the stock had ended August with a 27% gain in 11 sessions, since it closed at a record low of $4.41 on Aug. 15. The stock has now shed 53% year to date, while Walmart's stock has run up 23% and the Dow Jones Industrial Average has gained 12%. Walmart also said the remaining assortment of guns it will sell will be "even more focused on the needs of hunting and sport shooting enthusiasts," such as long-barrel deer rifles and shotguns, and much of the ammunition they require. The company expects the moves will reduce its market share of the ammunition market to about 6% to 9% from 20%. Shares of other gun makers also declined, with Smith & Wesson parent American Outdoor Brands Corp. losing 2.8% and AR-556 autoloading modern sporting rifle maker Sturm Ruger & Co. slipping 0.7%.
CEO of Vista Outdoor Inc (30-Year Financial, Insider Trades) Christopher T Metz (insider trades) bought 33,730 shares of VSTO on 08/16/2019 at an average price of $4.46 a share. Continue reading...
Shares of Vista Outdoor Inc. tumbled 11% in midday trading Friday, putting them on track to close at a second-straight record low. The ammunition and outdoor sports equipment company's stock had plunged 21.5% on Thursday, the biggest one-day selloff since November 2017, on the back of disappointing fiscal first-quarter results and lowered full-year outlook. Analyst Eric Wold at B. Riley kept his rating at buy but cut his price target to $11 from $13 on Friday. "After initiating coverage on [Vista] in late February on a belief that the multi-year headwinds facing the shooting sports and outdoor products segments were coming to an end, we were clearly wrong and too early on our call--which has been exacerbated by a number of unforeseen events in recent months (poor weather in key parts of the buying season, a major industry bankruptcy and continued U.S.-China trade disputes). The stock has now plunged 44.4% over the past three months, while the S&P 500 has edged up 1.1%. Shares of gun makers were also declining Friday, with Sturm Ruger & Co. losing 4.6% and Smith & Wesson parent American Outdoor Brands Corp. falling 2.4%.
Shares of Vista Outdoor Inc. took a dive to a record low Thursday, as a “frankly terrible” firearms market led to disappointing fiscal first-quarter results and a lowered full-year outlook, dashing hopes that demand was finally stabilizing.
The outdoor products maker's shares slid Thursday after missing analysts expectations. On the bright sided, it has divested its eyewear and firearms businesses to "right size" operations in less than a year.
Shares of Vista Outdoor Inc. plunged 11% toward a record low in premarket trading Thursday, after the outdoor sport and ammunition company reported a wider-than-expected loss, sales that fell more than analysts projected and provided a downbeat full-year outlook, citing continued and "unprecedented" challenges in its markets. The net loss for the quarter to June 30 narrowed to $16.6 million, or 29 cents a share, from $52.3 million, or 91 cents a share, in the same period a year ago. Excluding non-recurring items, the adjusted per share loss was 8 cents, wider than the FactSet loss consensus of 3 cents a share. Sales fell 13% to $459.8 million, below the FactSet consensus of $471.4 million. The company cut its fiscal 2020 sales guidance range to $1.79 billion to $1.89 billion from $1.94 billion to $2.03 billion, and said it expects adjusted EPS of 10 cents to 25 cents, which surrounds the FactSet consensus of 22 cents. "We are mitigating unprecedented challenges while making continued progress to a more growth-centric Vista Outdoor," said Chief Executive Chris Metz. The stock has tumbled 15.9% over the past three months through Wednesday, while the S&P 500 has edged up 0.2%.
Vista Outdoor Updates Guidance to Reflect Sale of Savage Arms Vista Outdoor Reduces Long-Term Debt in Half from Peak ANOKA, Minn. , Aug. 8, 2019 /PRNewswire/ -- Vista Outdoor Inc. (NYSE: VSTO) today reported ...
Vista Outdoor (NYSE: VSTO ) releases its next round of earnings this Thursday, August 8. Here's Benzinga's essential guide to Vista Outdoor's Q1 earnings report. Earnings and Revenue Wall Street analysts ...
Despite little evidence, the GOP blamed video games for encouraging violence after mass shootings in Dayton, Ohio and El Paso, Texas.
Shares of shooting sports companies surged Monday, bucking the sharp selloff in the broader stock market, after President Trump tweeted about pushing for stronger background checks for gun buyers in the wake of the tragic events over the weekend.
29 Murdered Over the Weekend in Two Shooting Attacks It was a terrible weekend in the United States as two separate shooting attacks occurred less than 24 hours apart. The first occurred in a Walmart (NYSE:WMT) in El Paso, Texas, where a 21-year-old shooter murdered 20 people. He has been apprehended by police. He had […]The post Market Morning: Weekend Massacres, Iran Strikes Again, US Blames China, Gold & Bitcoin Pop appeared first on Market Exclusive.
ANOKA, Minn. , Aug. 2, 2019 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (NYSE: VSTO) will host an Investor Day for institutional investors and analysts at the InterContinental Times ...
ANOKA, Minn. , July 18, 2019 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (NYSE: VSTO) will host its investor conference call on first quarter fiscal year 2020 financial results on Thursday, ...
Democratic candidate for President, Marianne Williamson, speaks with Yahoo Finance's Adam Shapiro at LaGuardia Airport.