VirTra, Inc. (VTSI) closed at $4.31 in the latest trading session, marking a -2.27% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.56% for the day. At the same time, the Dow added 0.26%, and the tech-heavy Nasdaq gained 0.78%.
Shares of the company witnessed a loss of 4.34% over the previous month, trailing the performance of the Aerospace sector with its loss of 2.94%, and the S&P 500's loss of 1.27%.
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. In the meantime, our current consensus estimate forecasts the revenue to be $5.45 million, indicating a 0.93% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.15 per share and revenue of $24.94 million, indicating changes of +25% and -7.81%, 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. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent 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.
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. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, VirTra, Inc. possesses a Zacks Rank of #3 (Hold).
In terms of valuation, VirTra, Inc. is currently trading at a Forward P/E ratio of 25.94. This signifies no noticeable deviation in comparison to the average Forward P/E of 25.94 for its industry.
The Electronics - Military industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 90, which puts it in the top 37% 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
VirTra, Inc. (VTSI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
