Can VSTO Continue Its Rapid Chart Growth?

This sporting goods stock has more than tripled since last year

Feb 10, 2021 at 10:56 AM

VSTO

Vista Outdoor Inc. (NYSE:VSTO) is an American sporting goods company. Vista Outdoor designs, manufactures, and markets various consumer products in the outdoor sports and recreation markets in the U.S. and internationally. The company’s portfolio boasts 40 sports and outdoors brands including Bushnell Golf, CamelBak, and Remington.

Vista Outdoor stock has been a large gainer over the last year, brushing off pandemic-related fears from investors. Over the past 12 months, Vista Outdoor stock has demonstrated explosive growth of more than 250%. Additionally, VSTO stock price has increased well over 650% since bottoming at its March record low of $4.29. Since then, VSTO stock price has continuously pushed to new highs, most recently reaching a four-year peak of $34.50 yesterday.

VSTOChart

VSTO reported its fourth quarter of 2020 results last week, marking its fourth straight earnings beat. For the year of 2020, Vista Outdoor stock outperformed earnings expectations on all four quarters. For the first quarter of 2020, the company beat analyst expectations by a margin of $0.05 and reported earnings of $0.11 per share. For the second quarter of 2020, VSTO increased its earnings per share (EPS) to $0.51 and managed to beat expectations by a massive margin of $0.51. The company increased its EPS to $1.10 for the third quarter of 2020 and beat expectations by another significant margin of $0.46. In its most recent quarterly report, VSTO reported earnings of $1.03 per share and beat expectations by a margin of $0.38.

In general, Vista Outdoor has benefitted from people’s desire to remain active. A noted pandemic outcome has been a boost in outdoor activities, which has also resulted in some significant increases to Vista Outdoor's sales and net earnings. However, the company’s long-term performance hasn’t been nearly as impressive as its recent earnings. Prior to 2020, Vista Outdoor was posting consistent and considerable decreases in its annual revenue. In the span of three years, VSTO lost nearly $800 million on its top line. Additionally, Vista Outdoor's bottom line has remained unpredictable and largely negative over the past four years.

Follow @Schaeffers

Two High-Octane Trade Ideas. One Simple Goal: Intraday Profits.

Dynamite Day Trading Signals delivers two same-day options trades every week — powered by proprietary intraday analysis and 43+ years of trading expertise.

But this isn’t just another stream of alerts.

It’s a structured plan with clear entry and exit points – designed for traders who want to act fast, trade smart, and wrap up gains before the closing bell.

No guesswork. No overnight exposure – Just two well-researched setups per week — whether you prefer buying premium or selling it.

And the results speak for themselves: subscribers have locked in +245.8% total profit over the last six months (since inception!).

👉 Start your one-month trial now for just $10, and be ready for the next trade alert.