5 Most Promising Small-Cap Stocks According to Analysts

In this article, we will look at the 5 most promising small-cap stocks to buy according to analysts. If you want to explore similar stocks, you can go to 12 Most Promising Small-cap Stocks According to Analysts.

5. Vista Outdoor Inc. (NYSE:VSTO)

Number of Hedge Fund Holders: 22

Average Upside Potential as of February 10: 43.72%

Vista Outdoor Inc. (NYSE:VSTO) is a leading global manufacturer of recreational and outdoor consumer products. The company operates through two segments: Sporting Products and Outdoor Products. Vista Outdoor Inc. (NYSE:VSTO) is trading at an attractive valuation and has the potential to gain 43.72%, on average, according to analysts’ price targets. As of February 10, the stock is trading at a PE multiple of 3x and is one of the most promising small-cap stocks to buy according to analysts.

On February 3, B. Riley analyst Eric Wold revised his price target on Vista Outdoor Inc. (NYSE:VSTO) to $41 from $45 and reiterated a Buy rating on the shares. Over the past 3 months, the stock has received 2 Buy ratings from Wall Street analysts. The stock has a high price target of $41 and an average price target of $38.

At the end of Q3 2022, 22 hedge funds were long Vista Outdoor Inc. (NYSE:VSTO) and disclosed positions worth $239.5 million in the company. As of December 31, PEAK6 Capital Management is the top investor in the company and owns over 1,900 shares of the stock.