About Virco Manufacturing Corporation (NASDAQ:VIRC)
Virco Mfg. Corporation (Virco) is engaged in the designing, producing and distributing of furniture for a range family of customers. The Company is a manufacturer and supplier of moveable educational furniture and equipment for the preschool through 12th grade market in the United States. It manufactures an assortment of products, including mobile tables, mobile storage equipment, desks, computer furniture, chairs, folding chairs and folding tables. Its primary furniture lines are constructed of tubular metal legs and frames, combined with wood and plastic tops, plastic seats and backs, upholstered seats and backs, and upholstered rigid polyethylene and polypropylene shells. Virco also has flat metal forming capabilities to enable the production of desks, returns, bookcases, filing cabinets, mobile pedestals and related items. Its ZUMA line includes cantilever chairs; tablet arm chairs with a fixed or articulating work surface and a compact footprint, and steel-frame rockers.
Industry, Sector and Symbol:
- Industry: Office Furniture
- Sub-Industry: N/A
- Sector: Consumer Discretionary
- Symbol: NASDAQ:VIRC
- CUSIP: N/A
- Web: www.virco.com
- Debt-to-Equity Ratio: 0.10%
- Current Ratio: 1.48%
- Quick Ratio: 0.70%
Sales & Book Value:
- Trailing P/E Ratio: 19.81
- Forward P/E Ratio: 11.98
- Annual Sales: $173.42 million
- Price / Sales: 0.46
- Cash Flow: $0.75 per share
- Price / Cash: 6.91
- Book Value: $3.91 per share
- Price / Book: 1.32
- Trailing EPS: $1.42
- Net Income: $22.76 million
- Net Margins: 11.67%
- Return on Equity: 6.68%
- Return on Assets: 3.18%
- Employees: 735
- Outstanding Shares: 15,360,000
Frequently Asked Questions for Virco Manufacturing Corporation (NASDAQ:VIRC)
What is Virco Manufacturing Corporation's stock symbol?
Virco Manufacturing Corporation trades on the NASDAQ under the ticker symbol "VIRC."
How were Virco Manufacturing Corporation's earnings last quarter?
Virco Manufacturing Corporation (NASDAQ:VIRC) posted its quarterly earnings results on Thursday, September, 14th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.01. The company earned $72.64 million during the quarter, compared to analysts' expectations of $69.33 million. Virco Manufacturing Corporation had a return on equity of 6.68% and a net margin of 11.67%. View Virco Manufacturing Corporation's Earnings History.
When will Virco Manufacturing Corporation make its next earnings announcement?
Where is Virco Manufacturing Corporation's stock going? Where will Virco Manufacturing Corporation's stock price be in 2017?
0 analysts have issued 1-year price targets for Virco Manufacturing Corporation's shares. Their predictions range from $6.00 to $6.00. On average, they anticipate Virco Manufacturing Corporation's share price to reach $6.00 in the next twelve months. View Analyst Ratings for Virco Manufacturing Corporation.
Who are some of Virco Manufacturing Corporation's key competitors?
Some companies that are related to Virco Manufacturing Corporation include Rocky Brands (RCKY), Townsquare Media (TSQ), Salem Media Group (SALM), Iconix Brand Group (ICON), PCM (PCMI), A-Mark Precious Metals (AMRK), Sequential Brands Group (SQBG), Universal Technical Institute (UTI), Peak Resorts (SKIS), Dover Motorsports (DVD), JAKKS Pacific (JAKK), The Dixie Group (DXYN), Crown Crafts (CRWS), Lincoln Educational Services (LINC), Vince Holding Corp. (VNCE), YogaWorks (YOGA), Cherokee (CHKE) and Summer Infant (SUMR).
Who are Virco Manufacturing Corporation's key executives?
Virco Manufacturing Corporation's management team includes the folowing people:
- Robert A. Virtue, Chairman of the Board, Chief Executive Officer (Age 82)
- Douglas A. Virtue, President, Chief Operating Officer, Director (Age 56)
- Robert E. Dose, Vice President - Finance, Secretary, Treasurer (Age 58)
- J. Scott Bell, Vice President, General Manager - Conway Division (Age 58)
- Bassey Yau, Vice President, Corporate Controller, Assistant Treasurer, Assistant Secretary (Age 56)
- Patricia Levine Quinones, Vice President - Logistics, Marketing Services and Information Technology (Age 52)
- Alexander L. Cappello, Lead Independent Director
- Craig L. Levra, Director (Age 57)
- Robert Lind, Director (Age 67)
- Donald R. Rudkin, Director (Age 73)
Who owns Virco Manufacturing Corporation stock?
Virco Manufacturing Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include D.A. Davidson & CO. (1.96%). Company insiders that own Virco Manufacturing Corporation stock include Douglas A Virtue, Jerry Scott Bell and Robert A Virtue. View Institutional Ownership Trends for Virco Manufacturing Corporation.
Who bought Virco Manufacturing Corporation stock? Who is buying Virco Manufacturing Corporation stock?
Virco Manufacturing Corporation's stock was purchased by a variety of institutional investors in the last quarter, including D.A. Davidson & CO.. Company insiders that have bought Virco Manufacturing Corporation stock in the last two years include Douglas A Virtue and Robert A Virtue. View Insider Buying and Selling for Virco Manufacturing Corporation.
How do I buy Virco Manufacturing Corporation stock?
Shares of Virco Manufacturing Corporation can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Virco Manufacturing Corporation's stock price today?
One share of Virco Manufacturing Corporation stock can currently be purchased for approximately $5.15.
How big of a company is Virco Manufacturing Corporation?
Virco Manufacturing Corporation has a market capitalization of $79.09 million and generates $173.42 million in revenue each year. The company earns $22.76 million in net income (profit) each year or $1.42 on an earnings per share basis. Virco Manufacturing Corporation employs 735 workers across the globe.
How can I contact Virco Manufacturing Corporation?
Virco Manufacturing Corporation's mailing address is 2027 HARPERS WAY, TORRANCE CA, 90044. The company can be reached via phone at 310-533-0474.
MarketBeat Community Rating for Virco Manufacturing Corporation (NASDAQ VIRC)MarketBeat's community ratings are surveys of what our community members think about Virco Manufacturing Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Virco Manufacturing Corporation (NASDAQ:VIRC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||$6.00 (16.50% upside)|
Consensus Price Target History for Virco Manufacturing Corporation (NASDAQ:VIRC)
Analysts' Ratings History for Virco Manufacturing Corporation (NASDAQ:VIRC)
(Data available from 11/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
Earnings History and Estimates Chart for Virco Manufacturing Corporation (NASDAQ:VIRC)
Earnings History by Quarter for Virco Manufacturing Corporation (NASDAQ VIRC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|9/14/2017||Q2 2018||$0.34||$0.33||$69.33 million||$72.64 million||View||N/A|
|6/12/2017||Q1 2018||($0.13)||($0.15)||$23.24 million||View||N/A|
|4/25/2017||Q4 2017||($0.39)||($0.33)||$20.27 million||$23.44 million||View||N/A|
|9/14/2016||Q216||$0.50||$0.45||$63.21 million||$61.35 million||View||N/A|
|6/10/2016||Q116||($0.22)||($0.21)||$23.51 million||$20.83 million||View||N/A|
|12/15/2015||Q315||$0.38||$0.39||$65.79 million||$64.98 million||View||N/A|
|9/10/2015||$0.43||$0.49||$55.32 million||$61.07 million||View||N/A|
|6/12/2015||Q115||($0.28)||($0.21)||$23.06 million||$23.05 million||View||N/A|
|4/23/2015||($0.42)||($0.35)||$20.04 million||$25.35 million||View||N/A|
|12/10/2014||Q314||$0.40||$0.31||$64.81 million||$62.65 million||View||N/A|
|9/11/2014||Q214||$0.47||$0.35||$59.21 million||$53.19 million||View||N/A|
|6/16/2014||Q113||($0.27)||($0.26)||$19.69 million||$23.53 million||View||N/A|
|4/28/2014||($0.28)||($0.47)||$18.35 million||$19.64 million||View||N/A|
|12/12/2013||Q3||$0.21||$0.23||$57.38 million||$59.45 million||View||N/A|
|9/13/2013||Q213||$0.42||$60.39 million||$56.93 million||View||N/A|
Earnings Estimates for Virco Manufacturing Corporation (NASDAQ:VIRC)
2017 EPS Consensus Estimate: $0.34
2018 EPS Consensus Estimate: $0.45
2019 EPS Consensus Estimate: $0.57
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Virco Manufacturing Corporation (NASDAQ:VIRC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Virco Manufacturing Corporation (NASDAQ VIRC)
Insider Ownership Percentage: 12.17%
Institutional Ownership Percentage: 27.36%
Insider Trades by Quarter for Virco Manufacturing Corporation (NASDAQ VIRC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|4/27/2016||Douglas A Virtue||EVP||Buy||3,667||$3.19||$11,697.73|| |
|4/27/2016||Jerry Scott Bell||COO||Sell||7,275||$3.19||$23,207.25|| |
|4/27/2016||Robert A Virtue||CEO||Buy||3,608||$3.19||$11,509.52|| |
|6/23/2015||James David Johnson II||VP||Buy||10,000||$2.85||$28,500.00|| |
|6/20/2014||Michael Anthony Digregorio||Director||Buy||9,967||$2.50||$24,917.50|| |
|6/19/2014||Michael Anthony Digregorio||Director||Buy||10,033||$2.50||$25,082.50|| |
|12/13/2013||Robert K Montgomery||Director||Buy||2,000||$2.10||$4,200.00|| |
|6/28/2013||Douglas A Virtue||EVP||Buy||7,500||$2.34||$17,550.00|| |
Latest Headlines for Virco Manufacturing Corporation (NASDAQ VIRC)
|Virco Manufacturing Corporation (VIRC) Lifted to Hold at Zacks Investment Research|
www.americanbankingnews.com - November 16 at 10:02 AM
|Analysts Expect Virco Manufacturing Corporation (VIRC) to Announce $0.30 EPS|
www.americanbankingnews.com - November 10 at 9:24 AM
|ETFs with exposure to Virco Manufacturing Corp. : September 18, 2017|
finance.yahoo.com - September 19 at 9:16 AM
|Virco Manufacturing Corp. :VIRC-US: Earnings Analysis: Q2, 2018 By the Numbers : September 15, 2017|
finance.yahoo.com - September 15 at 3:46 PM
|Virco Manufacturing Corporation (VIRC) Rating Reiterated by Wedbush|
www.americanbankingnews.com - September 15 at 11:46 AM
|Virco Reports Improved Second Quarter and YTD Results|
finance.yahoo.com - September 15 at 11:02 AM
|Virco Manufacturing Corporation (VIRC) Releases Earnings Results, Misses Estimates By $0.01 EPS|
www.americanbankingnews.com - September 15 at 7:28 AM
|Is It Too Late To Buy Virco Mfg Corporation (VIRC)?|
finance.yahoo.com - September 13 at 10:57 AM
|Should You Be Tempted To Buy Virco Mfg Corporation (VIRC) Because Of Its PE Ratio?|
finance.yahoo.com - September 12 at 11:50 AM
|Virco Manufacturing Corporation (VIRC) Set to Announce Earnings on Tuesday|
www.americanbankingnews.com - September 5 at 1:50 AM
|Herman Miller (MLHR) vs. Virco Manufacturing Corporation (VIRC) Head to Head Survey|
www.americanbankingnews.com - July 11 at 2:10 PM
|Herman Miller (MLHR) & Virco Manufacturing Corporation (NASDAQ:VIRC) Critical Survey|
www.americanbankingnews.com - July 9 at 6:18 PM
|VIRCO MFG CORPORATION Files SEC form 10-Q, Quarterly Report|
us.rd.yahoo.com - December 13 at 9:03 PM
|BRIEF-Virco reports third quarter EPS of $1.57|
www.reuters.com - December 10 at 10:50 AM
|Virco Manufacturing: EPS And Shares Poised For Material Upside Driven By Lean Cost Structure And Improving End Markets|
seekingalpha.com - July 7 at 10:49 AM
|VIRCO MFG CORPORATION Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote|
biz.yahoo.com - June 23 at 4:12 PM
|VIRCO MFG CORPORATION Files SEC form 10-K, Annual Report|
biz.yahoo.com - April 26 at 6:17 AM
|Virco Mfg. Corporation Company Profile|
biz.yahoo.com - February 23 at 1:45 PM
|VIRCO MFG CORPORATION Files SEC form 8-K, Change in Directors or Principal Officers|
biz.yahoo.com - February 18 at 4:34 PM
|VIRCO MFG CORPORATION Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh|
biz.yahoo.com - December 15 at 1:39 PM
|VIRCO MFG CORPORATION Files SEC form 8-K, Submission of Matters to a Vote of Security Holders|
biz.yahoo.com - June 23 at 4:05 PM
Virco Manufacturing Corporation (NASDAQ VIRC) Chart for Sunday, November, 19, 2017