VirTra, Inc. (VTSI) closed the most recent trading day at $4.65, moving -1.27% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.47%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq added 0.9%.
The company's stock has dropped by 5.04% in the past month, falling short of the Aerospace sector's gain of 2.16% and the S&P 500's loss of 0.16%.
The upcoming earnings release of VirTra, Inc. will be of great interest to investors. The company's upcoming EPS is projected at -$0.02, signifying a 75.00% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $5.45 million, up 0.93% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.15 per share and revenue of $24.94 million. These totals would mark changes of +25% and -7.81%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for VirTra, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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, there's been no change in the Zacks Consensus EPS estimate. As of now, VirTra, Inc. holds a Zacks Rank of #3 (Hold).
In terms of valuation, VirTra, Inc. is presently being traded at a Forward P/E ratio of 27.71. For comparison, its industry has an average Forward P/E of 27.71, which means VirTra, Inc. is trading at no noticeable deviation to the group.
The Electronics - Military industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 94, positioning it in the top 39% of all 250+ industries.
The Zacks Industry Rank is ordered 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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VirTra, Inc. (VTSI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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