Earnings summary: $1.0B in rev, 40% growth YOY, EPS of $2.57, 77.2% growth YOY. These are absolutely staggering numbers. I guess one could consider this growth temporary as the RV boom wanes, but I highly doubt that is the case for a couple reasons: A) there is a cohort of boomers who are retiring, some retiring early, to enjoy life and travel, but don't want to fly or cruise with Covid-19 still around, so are buying RVs to see the country (like my parents). B) young families (like mine) are camping and RVing as the new normal trip, vacation or long weekend C) people who live on lakes or on the coast are never going to stop buying boats, whether Chris Craft or Barletta. You could say the same about $BC as a cheap, wise investment right now.
Furthermore, as I said earlier, Winnebago is eating Thor's lunch. Literally taking market share with better quality products, better business decisions and better finances. While $THO was issuing new notes to raise capital, $WGO was boosting dividend by 50% and approving $200M buyback. I mean, if that's not financial strength, I'm not sure what is.
This takes our current PE to 8.46 and our future PE to 7.27 assuming 25% growth next quarter. Every quarter we set new records while the stock treads water because people are too busy chasing unprofitable technology to the moon.
I've said this before. We've suffered various downgrades on the great outdoors and related products. I think these are way overdue for a huge rally when people realize these activities and sports are here to stay. $ASO $DKS $PII $HMC $VSTO $BC $WGO $THO $CWH $LCII
L
Trading like the CEO is going to pull the "supply chain issue" excuse. Hope I'm wrong.
T
Here we go the Pensylvania Cabela's report. I went Oct. 23 and they had ammo just like the last two times i went and people were buying. There was a ton of Federal: 12g 5rd copper plated $9.99, 12g 5rd power shock $10.99, 28g 25rd $23.99, 10mm 20rd $33.99, .40cal 50rd $29.00, 5.56mm 20rd $14.99, 7mm 20rd $49.99, .223 50rd $39.99, 9mm 50rd $18.99, .45cal 50rd $49.99, 9mm hydra shock 20rd $32.99, .224 20rd $17.99, .300 20rd $29.99, 12g tungsten turkey shot 5rd $69.99, 12g reg. lead 5rd $6.99, cci 9mm aluminum case 50rd $16.99, cci .22cal 50rd $5.99, rem .308 20rd $28.99, rem .30 carbine 50rd $47.99. Federal had way more than 50% shelf space. Other brands i saw were TULAMMO, ZVS, HORNADY, PPU, SIG SAUER, AMMO, HERTER's, these offered maybe two calibers each. Winchester had about five calibers. Winchester had a lot of 7.62 they were the 7.62 king. This was the most ammo i have seen yet.
n
Any tangible news to justify today's move... All I could find is two upgrades from yesterday...?
n
Another $64 target given today
T
I will be going to Cabela's on Saturday any requests. The last two times i went there you could hardly find a parking spot and every register had a big line.
L
The Financial Cloud guy did a chart on VSTO tonight. Says chart looks great and next resistance it $45.85. No surprise we should challenge the old high before earnings then who knows.
T
If you were thinking about adding more shares. Do it now! Ahead of the next earnings report in a couple weeks. We are going to see a big jump in share price.
W
Question for Vista management. Where is the news release for the Foresight-Bushnell launch pro released for sale on October 2nd. Priced from @2,999 to $6,995. Pre orders are sold out. Manufacturing capacity is supposed to be 200 units per day. I would expect a 30 to 40% margin which could provide annual profits pushing 60 million for this new device. Great news it appears. Why not let the world know.
L
Nice close. Added throughout the day. Feb 45 calls are locked as well.
T
OLN is surging earnings out after close tomorrow. I expect VSTO to will do the same up to earnings.
D
This is gonna roll into dividend stock next 9-12 months. If this happens what is stock price this time next year?
W
Earnings will be out in the next 3 to4 weeks. Vista has been consistently beating the estimates and the guidance the last several quarters. With the guidance and estimates currently at $1.78 per share I am going to throw out another beat at $2.00 per share. Only real support for my number is continued rise in output at the Remington plant and very strong production at Federal and CCI
S
On the face of it, VSTO looks to be under valued. And, it may well be. But this stock hasn't done anything since June. It's been a flat liner. May be consolidating. May be with hunting season it will pick up. But it seems like it's more a play on ammunition than broader outdoor equipment. But I'm out this morning. Good luck to the longs.
L
Where is the .38SPL?????
T
Once VSTO gets in the 50's i don't think you will see the low 40's again.
T
C'mon baby let's see $50.
L
"Quiet Kat to participate in global warming summit"- How about you just sell more products across all segments and leave the world saving to others!? If your ashamed of once being the largest projectile maker in the U.S. then spin it off!!
W
Curious how the supply chain issues with the ports are effecting vista's outdoor line of products. I am not really up on what's made in the USA and what is made in China/Asia
Furthermore, as I said earlier, Winnebago is eating Thor's lunch. Literally taking market share with better quality products, better business decisions and better finances. While $THO was issuing new notes to raise capital, $WGO was boosting dividend by 50% and approving $200M buyback. I mean, if that's not financial strength, I'm not sure what is.
This takes our current PE to 8.46 and our future PE to 7.27 assuming 25% growth next quarter. Every quarter we set new records while the stock treads water because people are too busy chasing unprofitable technology to the moon.
I've said this before. We've suffered various downgrades on the great outdoors and related products. I think these are way overdue for a huge rally when people realize these activities and sports are here to stay. $ASO $DKS $PII $HMC $VSTO $BC $WGO $THO $CWH $LCII
If this happens what is stock price this time next year?