VSTO Stock Summary and Trading Ideas (Vista Outdoor | NYSE:VSTO)

Vista Outdoor Inc designs, develops, and manufactures outdoor sports and recreation products, and is domiciled in the United States. The company organizes itself into two segments: Shooting sports and Outdoor products. Shooting sports, which contributes the largest proportion of company revenue, includes ammunition, long guns, and related equipment under brands such as Federal Premium, Blackhawk, and Hoppe's. Outdoor products include archery and hunting accessories, eyewear, golf products, hydration products, and stand-up paddle boards under brands including CamelBak and Bushnell. The company derives the vast majority of revenue domestically.

Vista Outdoor trades on the NYSE stock market under the symbol VSTO.

As of May 10, 2024, VSTO stock price declined to $35.60 with 579,273 million shares trading.

VSTO has a beta of 1.17, meaning it tends to be more sensitive to market movements. VSTO has a correlation of 0.10 to the broad based SPY ETF.

VSTO has a market cap of $2.07 billion. This is considered a Mid Cap stock.

Last quarter Vista Outdoor reported $694 million in Revenue and $1.02 earnings per share. This fell short of revenue expectation by $-6 million and exceeded earnings estimates by $.05.

In the last 3 years, VSTO stock traded as high as $52.69 and as low as $22.97.

The top ETF exchange traded funds that VSTO belongs to (by Net Assets): CALF, IJR, VTI, IWM, AVUV.

VSTO has outperformed the market in the last year with a return of +28.6%, while the SPY ETF gained +27.8%. In the last 3 month period, VSTO beat the market returning +18.9%, while SPY returned +4.2%. However, in the most recent 2 weeks VSTO has underperformed the stock market by returning +1.8%, while SPY returned +2.5%.

VSTO support price is $35.52 and resistance is $36.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VSTO stock will trade within this expected range on the day.