Vista Outdoor Stock Price To Earning
| VSTO Stock | USD 44.63 0.24 0.54% |
Vista Outdoor fundamentals help investors to digest information that contributes to Vista Outdoor's financial success or failures. It also enables traders to predict the movement of Vista Stock. The fundamental analysis module provides a way to measure Vista Outdoor's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Vista Outdoor stock.
Vista |
Vista Outdoor Company Price To Earning Analysis
Vista Outdoor's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Vista Outdoor Price To Earning | 28.63 X |
Most of Vista Outdoor's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Vista Outdoor is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Vista Outdoor has a Price To Earning of 28.63 times. This is 14.98% higher than that of the Leisure Products sector and 46.76% lower than that of the Consumer Discretionary industry. This indicator is about the same for all United States stocks average (which is currently at 28.72).
Vista Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vista Outdoor's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Vista Outdoor could also be used in its relative valuation, which is a method of valuing Vista Outdoor by comparing valuation metrics of similar companies.Vista Outdoor is currently under evaluation in price to earning category among its peers.
Vista Fundamentals
| Return On Equity | -0.0074 | ||||
| Return On Asset | 0.0643 | ||||
| Profit Margin | (0) % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 3.27 B | ||||
| Shares Outstanding | 58.43 M | ||||
| Shares Owned By Insiders | 7.94 % | ||||
| Shares Owned By Institutions | 92.37 % | ||||
| Number Of Shares Shorted | 2.28 M | ||||
| Price To Earning | 28.63 X | ||||
| Price To Book | 2.12 X | ||||
| Price To Sales | 0.97 X | ||||
| Revenue | 2.75 B | ||||
| Gross Profit | 1.04 B | ||||
| EBITDA | 389.29 M | ||||
| Net Income | (5.5 M) | ||||
| Cash And Equivalents | 36.61 M | ||||
| Cash Per Share | 0.65 X | ||||
| Total Debt | 837.61 M | ||||
| Debt To Equity | 0.54 % | ||||
| Current Ratio | 2.81 X | ||||
| Book Value Per Share | 21.08 X | ||||
| Cash Flow From Operations | 400.89 M | ||||
| Short Ratio | 3.10 X | ||||
| Earnings Per Share | (0.19) X | ||||
| Price To Earnings To Growth | 0.73 X | ||||
| Target Price | 42.82 | ||||
| Number Of Employees | 6.4 K | ||||
| Beta | 0.79 | ||||
| Market Capitalization | 2.61 B | ||||
| Total Asset | 2.4 B | ||||
| Retained Earnings | (236.03 M) | ||||
| Working Capital | 689.82 M | ||||
| Current Asset | 1.05 B | ||||
| Current Liabilities | 368.9 M | ||||
| Net Asset | 2.4 B |
About Vista Outdoor Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vista Outdoor's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vista Outdoor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vista Outdoor based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Vista Outdoor
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vista Outdoor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vista Outdoor will appreciate offsetting losses from the drop in the long position's value.Moving together with Vista Stock
| 0.79 | AS | Amer Sports, | PairCorr |
| 0.82 | RL | Ralph Lauren Corp | PairCorr |
| 0.63 | UA | Under Armour C | PairCorr |
| 0.87 | DOGZ | Dogness International Upward Rally | PairCorr |
Moving against Vista Stock
| 0.88 | FEBO | Fenbo Holdings | PairCorr |
| 0.83 | WLDS | Wearable Devices Tech Boost | PairCorr |
| 0.78 | EZGO | EZGO Technologies | PairCorr |
| 0.76 | DOOO | BRP Inc Earnings Call Today | PairCorr |
| 0.56 | VMAR | Vision Marine Techno | PairCorr |
The ability to find closely correlated positions to Vista Outdoor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vista Outdoor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vista Outdoor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vista Outdoor to buy it.
The correlation of Vista Outdoor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vista Outdoor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vista Outdoor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vista Outdoor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Vista Outdoor Piotroski F Score and Vista Outdoor Altman Z Score analysis. To learn how to invest in Vista Stock, please use our How to Invest in Vista Outdoor guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vista Outdoor. If investors know Vista will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vista Outdoor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Vista Outdoor is measured differently than its book value, which is the value of Vista that is recorded on the company's balance sheet. Investors also form their own opinion of Vista Outdoor's value that differs from its market value or its book value, called intrinsic value, which is Vista Outdoor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vista Outdoor's market value can be influenced by many factors that don't directly affect Vista Outdoor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vista Outdoor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vista Outdoor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vista Outdoor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.