Last Updated: 14 Oct 2024
Executive Summary
Vista Outdoor Inc. (VSTO) is a leading manufacturer of outdoor sports and recreation products. The company has a strong track record of financial performance, with revenue growth and profitability improving in recent years. However, the company faces challenges from the current economic environment and competition from other manufacturers.
Company Overview
Vista Outdoor Inc. designs, manufactures, and markets consumer products in the outdoor sports and recreation markets in the United States and internationally. The company's products include firearms, ammunition, archery equipment, camping gear, and fishing gear. Vista Outdoor Inc. is headquartered in Anoka, Minnesota.
Fundamental Analysis
Vista Outdoor Inc.'s financial performance has been strong in recent years. The company's revenue has grown from $2.1 billion in 2017 to $2.7 billion in 2022. The company's net income has also grown from $149 million in 2017 to $226 million in 2022.
The company's gross profit margin has been stable in recent years, ranging from 38% to 40%. The company's operating margin has also been stable, ranging from 10% to 12%.
Vista Outdoor Inc.'s return on assets (ROA) has been improving in recent years, from 6.1% in 2017 to 8.2% in 2022. The company's return on equity (ROE) has also been improving, from 10.2% in 2017 to 12.5% in 2022.
Technical Analysis
Vista Outdoor Inc.'s stock price has been trading in a range between $23.33 and $44.40 over the past 52 weeks. The stock price is currently trading at $44.27.
The stock's 50-day moving average is $39.65 and its 200-day moving average is $34.87. The stock's relative strength index (RSI) is 55.57.
Short Term Outlook
Vista Outdoor Inc.'s stock price is likely to continue to trade in a range in the short term. The stock's technical indicators are neutral, and the company's fundamentals are strong.
Long Term Outlook
Vista Outdoor Inc.'s long-term outlook is positive. The company is a leader in the outdoor sports and recreation market, and it has a strong track record of financial performance. The company is also well-positioned to benefit from the growing trend of outdoor recreation.
Analyst Recommendations
Analysts are bullish on Vista Outdoor Inc.'s stock. The consensus analyst rating is "buy." The average analyst target price is $42.51.
