Principal Financial Group Sells 17,293 Shares of Vista Outdoor

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Vista Outdoor ($NYSE:VSTO) Inc. is a company that designs, manufactures, and markets consumer products in the outdoor sports and recreation markets. It operates in two segments, Shooting Sports and Outdoor Products, and provides a range of products for shooting sports, hunting, and related outdoor products for the experience outdoors. Their product offerings include ammunition, reloading equipment and components, firearms, long guns, and archery products. They also offer a variety of hunting accessories and optics such as binoculars, scopes, and rangefinders.

Additionally, Vista Outdoor offers recreational products such as camping and hiking products, hydration products, mountain bikes, and alpine skis. Its brands include Bushnell, Federal Premium Ammunition, Savage Arms, Weaver Optics, Bollé, and CamelBak.

Market Price

VISTA OUTDOOR’s stock opened at $25.8 and closed at $25.8, representing a 0.1% decrease from its previous closing price of 25.8. This sale follows a series of transactions that began in April, when Principal Financial Group Inc. declared their intentions to divest of their VISTA OUTDOOR shares. It appears from the most recent sale that the company is continuing to actively pursue their plan to sell their remaining Vista Outdoor Inc. stake. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Vista Outdoor. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Vista Outdoor. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Vista Outdoor. More…

Key Ratios Snapshot

Some of the financial key ratios for Vista Outdoor are shown below. More…

Analysis

At GoodWhale, we are proud to provide a comprehensive financial analysis for VISTA OUTDOOR. Our data reveals that the company is classified as a ‘rhino’, meaning that it has achieved moderate revenue or earnings growth. This may be attractive to investors who are looking for companies that have achieved solid yet sustainable growth. They are considered strong in cash flows and debt, with a health score of 7/10. This suggests that the company is financially stable and is capable of sustaining future operations in times of crisis. VISTA OUTDOOR appears to be medium in asset, growth, profitability, and weak in dividend. These metrics should be taken into consideration by potential investors when conducting their due diligence. Overall, VISTA OUTDOOR is a company with solid growth potential and a high level of financial stability. Investors who are looking for companies with a balanced mix of moderate growth and financial stability should consider VISTA OUTDOOR. More…

Peers

In the outdoor recreation equipment market, Vista Outdoor Inc competes with Callaway Golf Co, WW Holding Inc, and United Labels AG. These companies manufacture and sell products such as camping gear, golf equipment, and labels for outdoor products. While each company has its own strengths and weaknesses, Vista Outdoor Inc has managed to stay ahead of the competition by offering a wide variety of products and services.

– Callaway Golf Co ($NYSE:ELY)

WWE is a publicly traded professional wrestling entertainment company. Based in Stamford, Connecticut, WWE produces and distributes content through television, pay-per-view, digital media, and live events. WWE has a market cap of 4.6B as of 2022 and a Return on Equity of 13.26%.

– WW Holding Inc ($TWSE:8442)

United Labels AG is a German company that produces labels for clothing. The company has a market cap of 14.7M as of 2022 and a Return on Equity of 29.75%. United Labels AG is a publicly traded company.

Summary

Vista Outdoor produces and markets a range of outdoor products such as shooting sports, hunting, camping and outdoor recreation items. The company has seen strong revenue growth in the past two years, and its net income has grown consistently as well.