We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
VirTra, Inc. (VTSI) Increases Despite Market Slip: Here's What You Need to Know
Read MoreHide Full Article
VirTra, Inc. (VTSI - Free Report) closed at $5.16 in the latest trading session, marking a +0.39% move from the prior day. This move outpaced the S&P 500's daily loss of 1.07%. Meanwhile, the Dow experienced a drop of 0.62%, and the technology-dominated Nasdaq saw a decrease of 1.71%.
The company's stock has dropped by 16.42% in the past month, falling short of the Aerospace sector's gain of 2.24% and the S&P 500's loss of 7.03%.
The investment community will be paying close attention to the earnings performance of VirTra, Inc. in its upcoming release. The company is expected to report EPS of $0.07, down 72% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $8.09 million, indicating a 20.06% decrease compared to the same quarter of the previous year.
Investors should also take note of any recent adjustments to analyst estimates for VirTra, Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. VirTra, Inc. is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, VirTra, Inc. is holding a Forward P/E ratio of 8.86.
The Electronics - Military industry is part of the Aerospace sector. With its current Zacks Industry Rank of 82, this industry ranks in the top 33% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow VTSI in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
VirTra, Inc. (VTSI) Increases Despite Market Slip: Here's What You Need to Know
VirTra, Inc. (VTSI - Free Report) closed at $5.16 in the latest trading session, marking a +0.39% move from the prior day. This move outpaced the S&P 500's daily loss of 1.07%. Meanwhile, the Dow experienced a drop of 0.62%, and the technology-dominated Nasdaq saw a decrease of 1.71%.
The company's stock has dropped by 16.42% in the past month, falling short of the Aerospace sector's gain of 2.24% and the S&P 500's loss of 7.03%.
The investment community will be paying close attention to the earnings performance of VirTra, Inc. in its upcoming release. The company is expected to report EPS of $0.07, down 72% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $8.09 million, indicating a 20.06% decrease compared to the same quarter of the previous year.
Investors should also take note of any recent adjustments to analyst estimates for VirTra, Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. VirTra, Inc. is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, VirTra, Inc. is holding a Forward P/E ratio of 8.86.
The Electronics - Military industry is part of the Aerospace sector. With its current Zacks Industry Rank of 82, this industry ranks in the top 33% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow VTSI in the coming trading sessions, be sure to utilize Zacks.com.