VirTra, Inc. (VTSI) Outpaces Stock Market Gains: What You Should Know
VirTra, Inc. (VTSI) closed at $7.53 in the latest trading session, marking a +0.53% move from the prior day. This move outpaced the S&P 500's daily gain of 0.4%. Meanwhile, the Dow gained 0.52%, and the Nasdaq, a tech-heavy index, added 10.86%.
Prior to today's trading, shares of the company had lost 1.96% over the past month. This has lagged the Aerospace sector's loss of 0.81% and the S&P 500's gain of 3.98% in that time.
Investors will be hoping for strength from VirTra, Inc. as it approaches its next earnings release. The company is expected to report EPS of $0.08, up 14.29% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $7.99 million, down 0.13% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.45 per share and revenue of $32.93 million. These totals would mark changes of +150% and +16.14%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for VirTra, Inc.These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. VirTra, Inc. currently has a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that VirTra, Inc. has a Forward P/E ratio of 16.64 right now. This valuation marks a no noticeable deviation compared to its industry's average Forward P/E of 16.64.
The Electronics - Military industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 5, putting it in the top 2% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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) : Free Stock Analysis Report
