VirTra (NASDAQ:VTSI) Issues Quarterly Earnings Results

VirTra (NASDAQ:VTSI - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.07), Zacks reports. VirTra had a return on equity of 21.41% and a net margin of 22.09%. The business had revenue of $8.09 million for the quarter, compared to analyst estimates of $10.03 million. During the same quarter last year, the firm earned $0.27 earnings per share.

VirTra Trading Down 29.9 %

Shares of VTSI stock traded down $4.90 during trading hours on Wednesday, reaching $11.51. The company had a trading volume of 1,477,926 shares, compared to its average volume of 262,022. The company has a 50 day moving average of $12.51 and a 200 day moving average of $10.39. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.11 and a quick ratio of 2.32. VirTra has a 1-year low of $4.20 and a 1-year high of $17.68. The firm has a market cap of $127.88 million, a price-to-earnings ratio of 14.99, a P/E/G ratio of 0.65 and a beta of 0.72.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VTSI. Roth Mkm reissued a "buy" rating and set a $19.00 price objective on shares of VirTra in a report on Wednesday. Lake Street Capital increased their price objective on shares of VirTra from $13.00 to $16.00 and gave the company a "buy" rating in a research note on Wednesday.

About VirTra

VirTra, Inc provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations.