VirTra (NASDAQ:VTSI) Upgraded at Wall Street Zen

Key Points

• VirTra (NASDAQ: VTSI) has been upgraded from a "hold" to a "buy" rating by analysts at Wall Street Zen, indicating a positive outlook for the company.
• The company reported a revenue of $6.98 million for the last quarter, exceeding expectations, but its earnings per share fell short of the consensus estimate.
• Recent institutional investments have increased, with Dimensional Fund Advisors boosting their position by 31.9%, showing growing confidence among large investors in VirTra's potential.

Wall Street Zen upgraded shares of VirTra (NASDAQ:VTSI - Free Report) from a hold rating to a buy rating in a research report released on Saturday.

VirTra Stock Performance

NASDAQ VTSI traded up $0.06 on Friday, reaching $5.50. The stock had a trading volume of 42,221 shares, compared to its average volume of 99,927. The company has a debt-to-equity ratio of 0.16, a quick ratio of 3.13 and a current ratio of 4.40. VirTra has a 12-month low of $3.57 and a 12-month high of $8.53. The business's 50-day moving average price is $6.35 and its 200 day moving average price is $5.63. The stock has a market cap of $61.93 million, a P/E ratio of 55.01 and a beta of 0.53.

VirTra (NASDAQ:VTSI - Get Free Report) last released its quarterly earnings results on Monday, August 11th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). VirTra had a return on equity of 2.41% and a net margin of 4.15%.The company had revenue of $6.98 million for the quarter, compared to analysts' expectations of $6.34 million. As a group, equities analysts expect that VirTra will post 0.34 earnings per share for the current year.

Institutional Trading of VirTra

Several large investors have recently bought and sold shares of VTSI. Marshall Wace LLP acquired a new stake in VirTra in the second quarter valued at $868,000. Dimensional Fund Advisors LP grew its holdings in VirTra by 31.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 306,619 shares of the company's stock valued at $2,070,000 after purchasing an additional 74,216 shares during the last quarter. Jane Street Group LLC acquired a new stake in VirTra in the second quarter valued at $341,000. Y Intercept Hong Kong Ltd acquired a new stake in VirTra in the second quarter valued at $228,000. Finally, Qube Research & Technologies Ltd acquired a new stake in VirTra in the second quarter valued at $198,000. Institutional investors and hedge funds own 14.69% of the company's stock.

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.