Can Vista Outdoor Incorporated (NYSE:VSTO)’s Tomorrow Be Different? The Stock Had Decline in Shorts

December 5, 2017 - By Vivian Currie

 Can Vista Outdoor Incorporated (NYSE:VSTO)’s Tomorrow Be Different? The Stock Had Decline in Shorts

The stock of Vista Outdoor Incorporated (NYSE:VSTO) registered a decrease of 13.49% in short interest. VSTO’s total short interest was 9.78 million shares in December as published by FINRA. Its down 13.49% from 11.30M shares, reported previously. With 705,900 shares average volume, it will take short sellers 14 days to cover their VSTO’s short positions. The short interest to Vista Outdoor Incorporated’s float is 17.33%.

The stock decreased 2.23% or $0.33 during the last trading session, reaching $14.45. About 208,318 shares traded. Vista Outdoor Inc. (NYSE:VSTO) has declined 53.95% since December 5, 2016 and is downtrending. It has underperformed by 70.65% the S&P500.

Vista Outdoor Inc. designs, manufactures, and markets consumer products for outdoor sports and recreation markets worldwide. The company has market cap of $828.33 million. The companyÂ’s Shooting Sports segment designs, develops, produces, and sources ammunition and firearms, such as centerfire ammunition, rimfire ammunition, shotshell ammunition, and reloading components for the hunting and sport shooting enthusiast markets, local law enforcement, the United States government, and international markets under the American Eagle, Blazer, CCI, Estate Cartridge, Federal Premium, Force on Force, Fusion, Independence, Savage Arms, Savage Range Systems, Speer, and Stevens brands. It currently has negative earnings. The Company’s Outdoor Products segment offers helmets, goggles, and accessories for cycling, snow sports, action sports, and powersports; hunting arrows, game calls, hunting blinds, game cameras, and waterfowl decoys; camping products, such as outdoor cooking solutions; and water sports products consisting of stand up paddle boards.

Vista Outdoor Inc. (NYSE:VSTO) Ratings Coverage

Among 12 analysts covering Vista Outdoor (NYSE:VSTO), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. Vista Outdoor had 33 analyst reports since July 24, 2015 according to SRatingsIntel. On Thursday, November 2 the stock rating was maintained by Roth Capital with “Hold”. The stock has “Hold” rating by Roth Capital on Thursday, November 9. The firm has “Neutral” rating given on Monday, February 6 by DA Davidson. The company was maintained on Friday, August 11 by Cowen & Co. Jefferies maintained the shares of VSTO in report on Monday, May 15 with “Buy” rating. Roth Capital maintained it with “Hold” rating and $21.0 target in Thursday, September 28 report. As per Monday, November 13, the company rating was downgraded by Forward View Consulting. DA Davidson initiated Vista Outdoor Inc. (NYSE:VSTO) on Thursday, February 18 with “Buy” rating. The firm earned “Market Perform” rating on Monday, March 28 by Cowen & Co. The firm has “Buy” rating given on Friday, February 26 by Wunderlich.

More notable recent Vista Outdoor Inc. (NYSE:VSTO) news were published by: Thestreet.com which released: “Gunmakers Vista Outdoor, Remington Earn Downgrades” on November 23, 2017, also Prnewswire.com with their article: “Vista Outdoor Announces FY18 Second Quarter Operating Results” published on November 09, 2017, Finance.Yahoo.com published: “Implied Volatility Surging for Vista Outdoor (VSTO) Stock Options” on November 15, 2017. More interesting news about Vista Outdoor Inc. (NYSE:VSTO) were released by: Prnewswire.com and their article: “Vista Outdoor to Present at 2017 Leveraged Finance Conference” published on November 21, 2017 as well as Moodys.com‘s news article titled: “Moody’s places Vista Outdoors’ ratings on review for downgrade” with publication date: November 10, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.