VirTra, Inc. (VTSI) Stock Slides as Market Rises: Facts to Know Before You Trade
VirTra, Inc. (VTSI) ended the recent trading session at $4.69, demonstrating a -0.85% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 1.05%. On the other hand, the Dow registered a gain of 0.67%, and the technology-centric Nasdaq increased by 1.64%.
Shares of the company have depreciated by 11.26% over the course of the past month, underperforming the Aerospace sector's gain of 3.67% and the S&P 500's loss of 2.21%.
The investment community will be paying close attention to the earnings performance of VirTra, Inc. in its upcoming release. The company is predicted to post an EPS of -$0.05, indicating a 28.57% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $5.64 million, reflecting a 15.1% rise from the equivalent quarter last year.
VTSI's full-year Zacks Consensus Estimates are calling for earnings of $0.46 per share and revenue of $35.95 million. These results would represent year-over-year changes of +155.56% and +26.79%, respectively.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for VirTra, Inc. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. At present, VirTra, Inc. boasts a Zacks Rank of #3 (Hold).
With respect to valuation, VirTra, Inc. is currently being traded at a Forward P/E ratio of 10.28. This represents no noticeable deviation compared to its industry's average Forward P/E of 10.28.
The Electronics - Military industry is part of the Aerospace sector. With its current Zacks Industry Rank of 91, this industry ranks in the top 37% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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VirTra, Inc. (VTSI) : Free Stock Analysis Report
