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Why VirTra, Inc. (VTSI) Outpaced the Stock Market Today

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In the latest close session, VirTra, Inc. (VTSI - Free Report) was up +2.13% at $6.23. This move outpaced the S&P 500's daily gain of 0.58%.

The company's stock has climbed by 6.83% in the past month, exceeding the Aerospace sector's gain of 5.47% and the S&P 500's gain of 3.68%.

The investment community will be paying close attention to the earnings performance of VirTra, Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.05, reflecting no change from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $7.48 million, showing steadiness compared to the year-ago quarter.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.33 per share and a revenue of $29.79 million, signifying shifts of +175% and +10.12%, respectively, from the last year.

It's also important for investors to be aware of any recent modifications to analyst estimates for VirTra, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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 past month, the Zacks Consensus EPS estimate remained stagnant. VirTra, Inc. presently features a Zacks Rank of #3 (Hold).

In the context of valuation, VirTra, Inc. is at present trading with a Forward P/E ratio of 18.49. This expresses no noticeable deviation compared to the average Forward P/E of 18.49 of its industry.

The Electronics - Military industry is part of the Aerospace sector. At present, this industry carries a Zacks Industry Rank of 94, placing it within the top 39% of over 250 industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.


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