The company reported $0.24 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.13 by $0.11. The firm had revenue of $569 million for the quarter, compared to analyst estimates of $552.49 million.
Media headlines about Vista Outdoor (NYSE:VSTO) have trended somewhat positive on Sunday, Accern reports.
On June 8 the stock rating was upgraded to "Buy" from "Buy" by DA Davidson.
In the market the company is trading up by 6.91% since yesterday's close of $21.86. Segantii Capital Management Ltd bought a new stake in Vista Outdoor during the first quarter worth approximately $164,000. The company presently has an average rating of "Hold" and an average target price of $31.14. Vanguard Group Inc. now owns 5,104,157 shares of the company's stock worth $105,095,000 after buying an additional 489,274 shares during the last quarter. BidaskClub upgraded shares of Vista Outdoor from a "sell" rating to a "hold" rating in a research report on Saturday, August 5th.
Trump 'to call for China IP trade probe tomorrow'
Still, Trump praised China Friday for supporting the recent United Nations vote to ratchet up sanctions against North Korea . The announcement followed a call Friday night between Donald Trump and Chinese President Xi Jinping.
Pandora Media Inc (NYSE:P) shares traded on -6.55% down secure line and closed at $7.99.
Vista Outdoor's sales in its Outdoor Products division - which includes Bell, Giro, CamelBak and Bollé sales - were down 6.5 percent organically in the first quarter. Public Employees Retirement System of OH now owns 30,301 shares of the company's stock valued at $624,000 after buying an additional 1,063 shares during the period. The company has a 50 day moving average price of $22.75 and a 200-day moving average price of $21.83.
More important recent Vista Outdoor Inc (NYSE:VSTO) news were published by: Prnewswire.com which released: "Vista Outdoor to Release First Quarter Fiscal Year 2018 Financial Results" on July 24, 2017, also Prnewswire.com published article titled: "Vista Outdoor Announces Historic Partnership with Boy Scouts of America", Marketwatch.com published: "Vista Outdoor reports Q1 profit, revenue beats" on August 10, 2017. Envestnet Asset Management Inc. increased its position in shares of Vista Outdoor by 4.0% in the fourth quarter. BlackRock Inc. now owns 5,667,641 shares of the company's stock valued at $116,698,000 after buying an additional 5,634,183 shares during the period. Neuburgh Advisers LLC increased its position in shares of Vista Outdoor by 405.6% in the first quarter.
02/13/2017 - Vista Outdoor Inc. was downgraded to "hold" by analysts at Forward View Consulting.
North Korea could be preparing for new SLBM launch: 38 North
Picture: ReutersDonald Trumps threats to unleash "fire and fury" on North Korea to take a $10 trillion hit on the USA economy. Satellite imagery of a submarine base show coverings have been suspended to obscure any activity from view.
Taking a look at insider trading at Vista Outdoor Inc.
As of quarter end New York State Teachers Retirement System had disposed of a total of 9,600 shares trimming its stake by 9.7%. During the same quarter in the prior year, the firm posted $0.48 earnings per share. US Bancorp DE now owns 9,672 shares of the company's stock worth $199,000 after buying an additional 2,052 shares in the last quarter. The company's stock had a trading volume of 2,598,613 shares.
Vista Outdoor Inc. has a one year low of $18.32 and a one year high of $43.15. Equities analysts forecast that Vista Outdoor Inc. will post $1.23 earnings per share for the current year. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States & global trademark & copyright law. Institutional investors and hedge funds own 99.49% of the company's stock. The Company operates through two segments: Shooting Sports and Outdoor Products.
The Company serves the outdoor sports and recreation markets through a portfolio of over 40 brands that provide consumers with a range of products, including sporting ammunition and firearms, outdoor accessories, outdoor sports optics, golf rangefinders, performance eyewear, hydration products and stand up paddle boards. If you are accessing this story on another website, it was copied illegally and reposted in violation of United States and global copyright and trademark law.
Hundreds in Roanoke call for peace in light of Charlottesville violence
An Ohio man is facing murder charges after he plowed his auto through a crowd of protesters, killing a 32-year-old woman. One attendee says we as country need to be more active in standing against the violence happening nationwide.