In a report released today, Gautam Khanna from Cowen & Co. maintained a Hold rating on Vista Outdoor (VSTO), with a price target of $5. The company’s shares closed last Monday at $5.23, close to its 52-week low of $4.31.
According to TipRanks.com, Khanna is a 5-star analyst with an average return of 13.5% and a 70.5% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Albany International Corp, L3Harris Technologies Inc, and Transdigm Group Inc.
Vista Outdoor has an analyst consensus of Moderate Buy, with a price target consensus of $8.33.
See today’s analyst top recommended stocks >>
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 $52.35 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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, Outdoor Product, and Corporate.
