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Vista Outdoor Inc. (VSTO)
NYSE - NYSE Delayed Price. Currency in USD
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1,298 reactions on $VSTO conversation
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It's been a bad day for the markets. But how is it that a company that has a P/E of 5 that has beat estimates for for many quarters drops more than double of market averages? I am loosing faith in my investment. VSTO has no support out there. It is unliked for reasons I don't understand.
VSTO is the perfect example of a value stock. When I review the financials, it seems that the share price should be at least twice as high.
Serious concerns with the supply chain and Chinese imports
Still nothing about Metz’s big buy?
Vista expects higher growth for outdoor products, just single digit growth for sporting goods. I don't feel it's right for a retail investor to second guess the company's deeply resourced financial analysis capability. But I wonder how the huge ammo order backlog and the continued unavailability of so many products factors into the projection of low growth for sporting goods. As long as I can't find product at dealers I would think that growth is limited by supply, not demand. No Russian ammo imports for years to come. Pricing power is expanding margins. I mean, primers cost 3-4 times as much as 3 years ago, if you're lucky enough to find some. So I need more color for the low growth expectation for sporting goods. It just doesn't seem to make sense.
Lowered guidance vs. last year. Stock will fall like usually after earnings. Metz will still be the CEO of the sporting products. Its good that people and politicians won't go after the sporting line because of the ammo side, but now the ammo side is completely open to attack. I would have much rather preferred a dividend to put this stock into a different class. They could have continued using the ammo rev to purchase even more sporting goods companies. I don't see the sporting good sector as sustainable, and with rates rising an inflation soaring. Can it really survive over the next 5 years as people pocketbooks shrink and the economy suffers.... I guess we'll find out soon enough
100% spin off of Outdoor Products to share holders is HUGE news. The Sporting products group can support todays share price on its own. Spinning off the Outdoor products group will remove the stigma for investors of holding shares in a ammunition company.
Combined with another nice earnings beat Looking for a big bump in share price
This was the only thing green on my board yesterday. what a bloodbath.
In past several quarters it has sold off after earnings then get a upward move a few days later.
I didn't like the lower guidance. The split is great news. Short term markets are still in freefall... or so it seems. I expect a bottom close sentiment is terrible and shorts have come back hard to overall market. There is a recession coming at some point but I think we get a big rally next month when inflation peaks. Should push markets up in a big way.
I'm thinking about investing in VSTO. Does anybody think this spinoff might be a liability move, just in case the ammo business comes into jeopardy due to an increased gun control push? Maybe a move to protect the non-gun related businesses from any potential firearms/ammo related legal issues stemming from an attack on 2nd amendment rights? Financials are pretty nice, but debt-laden companies are out of favor with the market, so it may be a good time to get in I'm thinking.
Winchester sales for the first quarter 2022 were $426.7 million compared to $389.2 million in the first quarter 2021. The increase in Winchester sales was primarily due to higher commercial ammunition pricing. First quarter 2022 segment earnings were $118.9 million compared to $85.1 million in the first quarter 2021. The $33.8 million increase in segment earnings was primarily due to higher commercial ammunition pricing which was partially offset by higher commodity and other materials costs.
Lower guidance, what did we expect from this management team ? In the 3rd year and still the pipelines are not producing at all levels. Why ? We know why . metz and 33rd failing to reinvest in the companies core products.
Of the 27 Brands in the Outdoor Product division I see 18 that are still Sporting Products related . I do not see those Brands as Brands that are attractive to the investors they are trying to attract. I also do not see Metz and 33rd able to push that at a profit.
My question is how much hands on has Vanderbrink had the 4 months ? In the short term Sporting Products has to develope a rolling production line that maximizes products for the needs via the calender . Long term they need to grow bottoms up . Get the components brands producing product for all their customers . And, of course, expand lines.
What will the spin-off mean for shares? Do current shareholders get shares of both resulting companies?
Company is spliting into 2 !
Yes, no more metz and CFO 33rd. I see a lot of projectile related companies that will be available to rebuy around 2025.
OLN just reported. Ammo sales still strong. Pricing power still strong.
Expecting a run up into earning which should be good. undervalued. I. not a technical trader but it certainly looks like an inverse head and shoulders on a monthly chart. The bear case is that ammo sales drop. So far I see no evidence of this. shelves are still empty compared to 2 years ago.
I went into Walmart in the Poconos pa and they had quite a bit of ammo and rifles. The first time I have seen that in Walmart.
Sporting products, ammo, has a 3 billion backlog
Think on this a minute. The largest us manufacturer of domestic consumer projectiles is valued at the price of all of its sundry product lines. We need some financial engineers at this point not the ceo or management team. Thoughts?
Is it not bizarre that yahoo hasn't updated the earnings data for the recent quarter yet?
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