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VirTra, Inc. (VTSI) Suffers a Larger Drop Than the General Market: Key Insights
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In the latest close session, VirTra, Inc. (VTSI - Free Report) was down 1.4% at $2.82. The stock fell short of the S&P 500, which registered a loss of 0.77% for the day. On the other hand, the Dow registered a loss of 0.67%, and the technology-centric Nasdaq decreased by 0.92%.
The company's shares have seen a decrease of 6.23% over the last month, surpassing the Aerospace sector's loss of 7.65% and falling behind the S&P 500's gain of 0.96%.
Market participants will be closely following the financial results of VirTra, Inc. in its upcoming release. It is anticipated that the company will report an EPS of -$0.05, marking a 66.67% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.28 million, down 20% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.14 per share and revenue of $20.07 million, indicating changes of -800% and -10.36%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for VirTra, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
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. Over the past month, the Zacks Consensus EPS estimate has remained steady. VirTra, Inc. is currently sporting a Zacks Rank of #4 (Sell).
The Electronics - Military industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 240, putting it in the bottom 3% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.
View the Zacks #1 Rank List
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VirTra, Inc. (VTSI) Suffers a Larger Drop Than the General Market: Key Insights
In the latest close session, VirTra, Inc. (VTSI - Free Report) was down 1.4% at $2.82. The stock fell short of the S&P 500, which registered a loss of 0.77% for the day. On the other hand, the Dow registered a loss of 0.67%, and the technology-centric Nasdaq decreased by 0.92%.
The company's shares have seen a decrease of 6.23% over the last month, surpassing the Aerospace sector's loss of 7.65% and falling behind the S&P 500's gain of 0.96%.
Market participants will be closely following the financial results of VirTra, Inc. in its upcoming release. It is anticipated that the company will report an EPS of -$0.05, marking a 66.67% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.28 million, down 20% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.14 per share and revenue of $20.07 million, indicating changes of -800% and -10.36%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for VirTra, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
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. Over the past month, the Zacks Consensus EPS estimate has remained steady. VirTra, Inc. is currently sporting a Zacks Rank of #4 (Sell).
The Electronics - Military industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 240, putting it in the bottom 3% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.