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VirTra, Inc. (VTSI) Stock Sinks As Market Gains: What You Should Know
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VirTra, Inc. (VTSI - Free Report) ended the recent trading session at $5.88, demonstrating a -2.33% change from the preceding day's closing price. This change lagged the S&P 500's 0.06% gain on the day. Meanwhile, the Dow experienced a rise of 0.41%, and the technology-dominated Nasdaq saw a decrease of 0.39%.
Shares of the company have depreciated by 7.95% over the course of the past month, underperforming the Aerospace sector's gain of 5.95%, and the S&P 500's gain of 5.88%.
Market participants will be closely following the financial results of VirTra, Inc. in its upcoming release. The company is expected to report EPS of $0.03, down 72.73% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $6.38 million, indicating a 5.11% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $0.27 per share and a revenue of $29.19 million, demonstrating changes of +125% and +7.9%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for VirTra, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. VirTra, Inc. is currently a Zacks Rank #3 (Hold).
With respect to valuation, VirTra, Inc. is currently being traded at a Forward P/E ratio of 22.3. This represents no noticeable deviation compared to its industry average Forward P/E of 22.3.
The Electronics - Military industry is part of the Aerospace sector. At present, this industry carries a Zacks Industry Rank of 97, placing it within the top 40% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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VirTra, Inc. (VTSI) Stock Sinks As Market Gains: What You Should Know
VirTra, Inc. (VTSI - Free Report) ended the recent trading session at $5.88, demonstrating a -2.33% change from the preceding day's closing price. This change lagged the S&P 500's 0.06% gain on the day. Meanwhile, the Dow experienced a rise of 0.41%, and the technology-dominated Nasdaq saw a decrease of 0.39%.
Shares of the company have depreciated by 7.95% over the course of the past month, underperforming the Aerospace sector's gain of 5.95%, and the S&P 500's gain of 5.88%.
Market participants will be closely following the financial results of VirTra, Inc. in its upcoming release. The company is expected to report EPS of $0.03, down 72.73% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $6.38 million, indicating a 5.11% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $0.27 per share and a revenue of $29.19 million, demonstrating changes of +125% and +7.9%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for VirTra, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. VirTra, Inc. is currently a Zacks Rank #3 (Hold).
With respect to valuation, VirTra, Inc. is currently being traded at a Forward P/E ratio of 22.3. This represents no noticeable deviation compared to its industry average Forward P/E of 22.3.
The Electronics - Military industry is part of the Aerospace sector. At present, this industry carries a Zacks Industry Rank of 97, placing it within the top 40% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.