Vista Outdoor Inc. (VSTO)
| Market Cap | 2.19B |
| Revenue (ttm) | 2.70B |
| Net Income (ttm) | -6.49M |
| Shares Out | 58.41M |
| EPS (ttm) | -0.12 |
| PE Ratio | n/a |
| Forward PE | 8.88 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 775,297 |
| Open | 38.97 |
| Previous Close | 38.29 |
| Day's Range | 37.45 - 38.97 |
| 52-Week Range | 23.33 - 41.11 |
| Beta | 0.81 |
| Analysts | Buy |
| Price Target | 41.25 (+9.85%) |
| Earnings Date | Oct 30, 2024 |
About VSTO
Vista Outdoor Inc. designs, manufactures, and markets outdoor recreation and shooting sports products. in the United States and internationally. The Kinetic Group segment designs, develops, distributes, and manufactures ammunition, primers, and components for hunters, recreational shooters, federal and local law enforcement agencies, and the military. This segment offers centerfire pistol ammunitions, rifle ammunitions, rimfire ammunitions, and shotshell ammunitions for use in training, target shooting, personal protection, hunting, recreationa... [Read more]
Financial Performance
In 2023, Vista Outdoor's revenue was $2.75 billion, a decrease of -10.84% compared to the previous year's $3.08 billion. Losses were -$5.51 million, -43.35% less than in 2022.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for VSTO stock is "Buy." The 12-month stock price forecast is $41.25, which is an increase of 9.85% from the latest price.
News
Vista Outdoor's Board of Directors Comments on Public Communication from MNC Capital
ANOKA, Minn.--(BUSINESS WIRE)--Vista Outdoor Inc.'s (“Vista Outdoor”, the “Company”) (NYSE: VSTO) Board of Directors today commented on MNC Capital's (“MNC”) most recent communication: The Vista Outdo...
Vista Outdoor Inc. (VSTO) Q1 2025 Earnings Call Transcript
Vista Outdoor Inc. (NYSE:VSTO) Q1 2025 Earnings Conference Call August 6, 2024 9:00 AM ET Company Participants Tyler Lindwall - Vice President of Corporate Development, IR and FP&A Eric Nyman - Co-Ch...
Vista Outdoor Reports First Quarter Fiscal Year 2025 Financial Results
ANOKA, Minn.--(BUSINESS WIRE)---- $VSTO #bettertogether--Vista Outdoor Inc. (NYSE: VSTO) today reported operating results for the First Quarter Fiscal Year 2025 (FY2025), which ended on June 30, 2024.
Vista Outdoor exploring alternative options instead of selling ammunition arm to foreign company
Among the options Vista is reviewing before the next shareholder meeting is to re-engage in talks with MNC in hopes of landing a larger proposal from the venture capital group.
Vista Outdoor Considers Selling Revelys
On July 30, 2024, Vista Outdoor (NYSE: $40.80; Market Capitalization: $2.38 billion) announced that its board of directors has begun reviewing strategic alternatives and is now open to selling its out...
Vista Outdoor Stock Rises After Plans To Review Options Amid Bidding War
Vista Outdoor (VSTO) shares surged in premarket trading Tuesday after the company said it would undergo a "review of strategic alternatives" to consider its options amid a monthslong bidding war betwe...
Vista Outdoor announces review of strategic alternatives including potential sale of Revylyst unit
Vista Outdoor Inc. VSTO, +0.60% announced a review of its strategic alternatives early Tuesday and said its options include a potential sale of Revelyst, the unit houses the company's outdoor-products...
Vista Outdoor Board Announces Review of Strategic Alternatives
ANOKA, Minn.--(BUSINESS WIRE)---- $VSTO #bettertogether--Vista Outdoor Inc. announced that its Board of Directors has commenced a review of strategic alternatives.
GAMCO Sends Letter to Vista Outdoor Inc.
GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Asset Management Inc. (“GAMCO”), an affiliate of GAMCO Investors, Inc. (OTCQX: GAMI), and certain other affiliates own, on behalf of their clients, approximate...
GATES CAPITAL MANAGEMENT BELIEVES $42 ALL-CASH OFFER FOR VISTA OUTDOOR IS SUPERIOR TO THE PROPOSED SALE OF THE KINETIC GROUP TO CSG
Reiterates Intention to Vote AGAINST the CSG Proposal Recently Released Financial Results from Vista Make It Clear That Selling the Entire Company Provides Shareholders a Better Return Than Divesting ...
CSG Reaffirms its Commitment to Successfully Completing $2.15 Billion Acquisition of the Kinetic Group and Maximizing Value for All Vista Outdoor Shareholders
CSG's Fully Financed Bid Provides Vista Outdoor Shareholders Certainty and Opportunity to Realize Superior Value Vista Outdoor Shareholders Can Vote FOR the CSG Transaction at Special Meeting of Stock...
Vista Outdoor Sets The Record Straight
ANOKA, Minn.--(BUSINESS WIRE)---- $VSTO #bettertogether--Vista Outdoor Inc. today issued a statement in response to MNC Capital to set the record straight.
Vista Outdoor Gets Higher Offer for Ammunition Unit Amid Bidding War
Shares of Vista Outdoor (VSTO) rose Monday after the manufacturer and marketer of sporting and outdoor items said it supported an increased offer from Prague-based defense company Czechoslovak Group (...
MNC Capital Committed to All-Cash $42 Per Share Offer and Willing to Make Tender Offer
DALLAS--(BUSINESS WIRE)--MNC Capital Partners, L.P. (“MNC”) announced today that it is committed to its fully financed $42 per share all cash offer for Vista Outdoor Inc (NYSE: VSTO), and that it will...
CSG increases purchase price for Vista Outdoor's unit to $2.15 billion
Vista Outdoor said on Monday Czechoslovak Group had raised the base purchase price for a proposed acquisition of its ammunition business, Kinetic Group, by $50 million to $2.15 billion.
Vista Outdoor Announces Increased Purchase Price from CSG for The Kinetic Group of $2.15 Billion and Increased Cash Consideration of $24.00 Per Share
ANOKA, Minn.--(BUSINESS WIRE)---- $VSTO #bettertogether--Vista Outdoor announced that on July 21, 2024, the Company entered into an amendment to the merger agreement with Czechoslovak Group a.s. (“CSG...
GATES CAPITAL MANAGEMENT EXPRESSES CONTINUED OPPOSITION TO VISTA OUTDOOR'S PROPOSED SALE OF THE KINETIC GROUP TO CSG
NEW YORK, July 19, 2024 /PRNewswire/ -- Gates Capital Management, Inc. ("Gates Capital Management" or "we"), an event-driven alternative asset manager that beneficially owns 5,589,041 shares, or appro...
Glass Lewis recommends Vista Outdoor shareholders to vote in favor of deal with CSG
Proxy advisory firm Glass Lewis has recommended Vista Outdoor shareholders to vote in favor of the proposed merger of the company's ammunition unit with Czechoslovak Group (CSG), in a report seen by R...
Leading Independent Proxy Advisory Firm Glass Lewis Recommends Vista Outdoor Stockholders Vote “FOR” the Sale of The Kinetic Group to CSG
ANOKA, Minn.--(BUSINESS WIRE)---- $VSTO #bettertogether--Vista Outdoor announced that proxy advisory firm Glass Lewis & Co. recommends stockholders vote “FOR” the proposed sale of The Kinetic Group to...
MNC Capital Urges Vista Outdoor to Engage on Fully Financed All-Cash $42 Per Share Proposal
DALLAS--(BUSINESS WIRE)--MNC Capital, L.P. (“MNC”) announced today that it has sent a letter to Vista Outdoor Inc. (NYSE: VSTO) urging engagement on its fully financed $42 per share all-cash offer. MN...
TIG Advisors Sends Letter to Vista Outdoor Board Supporting MNC All-Cash Acquisition
NEW YORK--(BUSINESS WIRE)--TIG Advisors, LLC, an investment adviser which owns approximately 532,000 shares of Vista Outdoor Inc. (NYSE: VSTO) (“Vista” or the “Company”) today sent a letter to the Vis...
Vista Outdoor urges shareholders to vote for sale of Kinetic ammunition business to CSK
Company rejects rival bid from investment bank MNC Capital
Vista Outdoor Responds to MNC Capital and ISS
ANOKA, Minn.--(BUSINESS WIRE)---- $VSTO #bettertogether--Vista Outdoor Inc. (“Vista Outdoor” or “the Company”) (NYSE: VSTO) today issued the following statement in response to claims made by MNC Capit...
MNC Is Committed To Acquisition of Vista Outdoor at $42 Cash Per Share
DALLAS--(BUSINESS WIRE)--MNC Capital, L.P. (“MNC”) announced today that it continues to be committed to its fully financed $42 per share all-cash offer for Vista Outdoor Inc. (NYSE: VSTO) and that its...
Revelyst Announces Sale of Fiber Energy Products
ANOKA, Minn.--(BUSINESS WIRE)-- #WeAreRevelyst--Revelyst announced the sale of the assets of Fiber Energy Products, the company's wood pellet manufacturer, to Lignetics, Inc.