VirTra (NASDAQ:VTSI) Upgraded by Wall Street Zen to "Buy" Rating

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

Separately, Lake Street Capital dropped their price target on shares of VirTra from $10.00 to $7.00 and set a "buy" rating on the stock in a research report on Friday, March 28th.

VirTra Stock Down 2.3%

Shares of VTSI stock traded down $0.14 on Friday, reaching $5.88. 45,080 shares of the company were exchanged, compared to its average volume of 92,831. The company has a market cap of $66.21 million, a price-to-earnings ratio of 30.95 and a beta of 0.55. The company has a 50-day moving average of $6.17 and a 200-day moving average of $5.67. The company has a debt-to-equity ratio of 0.16, a current ratio of 4.54 and a quick ratio of 3.03. VirTra has a one year low of $3.57 and a one year high of $8.98.

VirTra (NASDAQ:VTSI - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.10. VirTra had a net margin of 8.22% and a return on equity of 4.66%. The company had revenue of $7.16 million for the quarter, compared to analysts' expectations of $5.46 million. Analysts anticipate that VirTra will post 0.34 earnings per share for the current year.

Hedge Funds Weigh In On VirTra

Several large investors have recently added to or reduced their stakes in the business. Barclays PLC grew its stake in VirTra by 15.0% in the 4th quarter. Barclays PLC now owns 17,275 shares of the company's stock valued at $117,000 after buying an additional 2,247 shares in the last quarter. Wells Fargo & Company MN grew its stake in VirTra by 74.8% in the 4th quarter. Wells Fargo & Company MN now owns 5,692 shares of the company's stock valued at $38,000 after buying an additional 2,436 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in VirTra by 16.7% in the 4th quarter. Bank of New York Mellon Corp now owns 21,094 shares of the company's stock valued at $142,000 after purchasing an additional 3,022 shares during the period. Northern Trust Corp boosted its holdings in VirTra by 4.8% in the 4th quarter. Northern Trust Corp now owns 87,603 shares of the company's stock valued at $591,000 after purchasing an additional 4,005 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in VirTra by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 242,173 shares of the company's stock valued at $1,635,000 after purchasing an additional 4,969 shares during the period. 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.