.jpg "Vista Outdoor (NYSE: VSTO)")
B.Riley FBR analyst Eric Wold maintained a Buy rating on Vista Outdoor (VSTO) today and set a price target of $11.00. The company’s shares closed last Monday at $6.38, close to its 52-week low of $4.31.
According to TipRanks.com, Wold has 0 stars on 0-5 star ranking scale with an average return of -6.5% and a 35.6% success rate. Wold covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, National Cinemedia, and AMC Entertainment.
Currently, the analyst consensus on Vista Outdoor is a Moderate Buy with an average price target of $8.33.
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Based on Vista Outdoor’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $16.62 million. In comparison, last year the company had a GAAP net loss of $32.82 million.
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Vista Outdoor, Inc. engages in the design, manufacture, and marketing of consumer products in the outdoor sports and recreation markets. It operates through the following segments: Shooting Sports and Outdoor Products. The Shooting Sports product lines include centerfire ammunition, rimfire ammunition, shotshell ammunition, reloading components and firearms.
