Industry Press Releases

Research Reports on Sporting Goods Equities -- Callaway Golf, Vista Outdoor, Nautilus, and Sportsman's Warehouse

Wednesday, Feb 22, 2017
Pressreleases

The Sporting Goods industry took a beating over the past year, with retailers suffering from the deep discounting that prevailed throughout much of the retail industry during holiday 2016. According to a blog post on NPD.com by Matt Powell, VP and industry analyst of the sporting goods sector at NPD Group, retailers should expect more store closures in 2017 if they continue to double down on poor imitations of activewear and trot out more apparel and accessories with logos on them despite consumers' disinterest. Pre-market, Stock-Callers.com has initiated coverage on: Callaway Golf Co. (NYSE: ELY), Vista Outdoor Inc. (NYSE: VSTO), Nautilus Inc. (NYSE: NLS), and Sportsman's Warehouse Holdings Inc. (NASDAQ: SPWH). Learn more about these stocks by accessing their free research reports at:

http://stock-callers.com/registration

Callaway Golf

Shares in Carlsbad, California-based Callaway Golf Co. ended Friday's session 0.29% higher at $10.35. A total volume of 1.68 million shares was traded, which was above their three months average volume of 828,360 shares. The stock is trading 5.21% below its 200-day moving average. Moreover, shares of Callaway Golf, which together with its subsidiaries, designs, manufactures, and sells golf clubs, golf balls, golf bags, and other golf-related accessories, have a Relative Strength Index (RSI) of 38.45.

On February 06th, 2017, Callaway Golf declared a regular quarterly cash dividend of $0.01 per share on its Common Stock. The dividend is payable on March 20th, 2017, to shareholders of record at the close of business on February 27th, 2017.

On February 07th, 2017, research firm Imperial Capital reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $14 a share to $13 a share. Free research report on ELY is available at:

http://stock-callers.com/registration/?symbol=ELY

Vista Outdoor

Farmington, Utah headquartered Vista Outdoor Inc.'s shares saw a slight drop of 0.95%, closing the day at $20.89 with a total trading volume of 1.11 million shares. The stock is trading 34.94% below its 50-day moving average. Shares of the Company, which designs, manufactures, and markets consumer products for the outdoor sports and recreation markets worldwide, have an RSI of 23.71.

On February 09th, 2017, Vista Outdoor reported sales of $654 million for Q3 FY17, up 10% on a y-o-y basis. The Company's gross profit was $169 million, relatively flat on a y-o-y basis. Vista's fully diluted earnings per share (EPS) was $(6.44) for Q3 FY17 compared to $0.70 in Q3 FY16. The Company's adjusted EPS was $0.62 in Q3 FY17 compared to $0.70 in Q3 FY16. Vista reported cash flow provided by operating activities of $58 million in Q3 FY17 compared to $71 million in Q3 FY16. The complimentary research report on VSTO can be downloaded at:

http://stock-callers.com/registration/?symbol=VSTO

Nautilus

Last Friday, shares in Vancouver, Washington headquartered Nautilus Inc. gained 2.96%, closing the session at $17.40. The stock recorded a trading volume of 431,121 shares. The Company's shares have advanced 7.08% in the last one month. The stock is trading 1.12% below its 50-day moving average. Furthermore, shares of Nautilus, which designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer use in the US, Canada, and internationally, have an RSI of 52.78.

On February 08th 2017, Nautilus announced that it received the prestigious ISPO Award for the Bowflex® SelectTech® 560 dumbbells. Recognized for their innovation and cutting-edge design, the groundbreaking Bowflex SelectTech 560 dumbbells received the highest honor with a Product of the Year Award in the Health & Fitness category. Visit us today and access our complete research report on NLS at:

http://stock-callers.com/registration/?symbol=NLS

Sportsman's Warehouse

Midvale, Utah headquartered Sportsman's Warehouse Holdings Inc.'s stock finished the session 1.15% higher at $5.26. A total volume of 929,804 shares was traded, which was above their three months average volume of 569,530 shares. The Company's shares are trading below their 50-day moving average by 36.59. Additionally, shares of Sportsman's Warehouse Holdings, which together with its subsidiaries, operates as an outdoor sporting goods retailer in the US, have an RSI of 18.92.

On February 15th, 2017, Sportsman's Warehouse announced that it is expanding its operations to include a new retail location in Cedar City, Utah. The store will be the ninth Sportsman's Warehouse location in the state of Utah and will be located in Cedar City at 889 South Main Street. With the opening of this store, Sportsman's Warehouse now operates 76 retail locations in 20 states across the country. Get free access to your research report on SPWH at:

http://stock-callers.com/registration/?symbol=SPWH

Stock Callers:

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

SC has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: info@stock-callers.com Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

 

Source:prnewswire.com

Other Press Releases