In the latest trading session, VirTra, Inc. (VTSI) closed at $4.19, marking a -2.78% move from the previous day. This change lagged the S&P 500's daily loss of 0.57%. Elsewhere, the Dow saw a downswing of 1.61%, while the tech-heavy Nasdaq depreciated by 0.26%.
Shares of the company have depreciated by 5.9% over the course of the past month, underperforming the Aerospace sector's gain of 7.46%, and the S&P 500's loss of 0.15%.
The investment community will be paying close attention to the earnings performance of VirTra, Inc. in its upcoming release. The company is expected to report EPS of -$0.02, up 75% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $5.45 million, indicating a 0.93% increase compared to the same quarter of the previous year.
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.
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. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. VirTra, Inc. is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that VirTra, Inc. has a Forward P/E ratio of 25.35 right now. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 25.35.
The Electronics - Military industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 92, putting it in the top 38% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming 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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