VirTra's (VTSI) Sell (D+) Rating Reaffirmed at Weiss Ratings

Key Points

• VirTra's stock has been reaffirmed with a "sell (D+)" rating by Weiss Ratings, while Wall Street Zen upgraded it to a "buy" rating, showing mixed analyst opinions.
• The company reported earnings of $0.02 per share for the last quarter, missing the expected $0.03, but exceeded revenue expectations with $6.98 million.
• VirTra's market cap stands at $70.21 million, with current trading shares around $6.23, reflecting a 52-week range between $3.57 and $8.53.

VirTra (NASDAQ:VTSI - Get Free Report)'s stock had its "sell (d+)" rating reissued by research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded shares of VirTra from a "hold" rating to a "buy" rating in a report on Saturday, August 16th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $7.00.

VirTra Price Performance

Shares of VirTra stock traded up $0.13 on Wednesday, hitting $6.23. The company had a trading volume of 58,538 shares, compared to its average volume of 84,466. The business has a 50-day simple moving average of $5.89 and a 200-day simple moving average of $5.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 4.40 and a quick ratio of 3.13. The company has a market cap of $70.21 million, a PE ratio of 62.31 and a beta of 0.66. VirTra has a 52 week low of $3.57 and a 52 week high of $8.53.

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

Institutional Investors Weigh In On VirTra

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Nuveen LLC acquired a new position in shares of VirTra during the 1st quarter worth $94,000. XTX Topco Ltd acquired a new position in shares of VirTra during the 2nd quarter worth $96,000. Bank of New York Mellon Corp increased its stake in shares of VirTra by 19.8% during the 1st quarter. Bank of New York Mellon Corp now owns 25,278 shares of the company's stock worth $103,000 after purchasing an additional 4,184 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of VirTra by 88.5% during the 1st quarter. NewEdge Advisors LLC now owns 27,406 shares of the company's stock worth $112,000 after purchasing an additional 12,864 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in shares of VirTra during the 2nd quarter worth $198,000. Hedge funds and other institutional investors own 14.69% of the company's stock.

VirTra Company Profile

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.

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