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Virco Mfg. (VIRC) Stock Price, News & Analysis

Virco Mfg. logo
$16.31 +0.19 (+1.18%)
(As of 12/6/2024 ET)

About Virco Mfg. Stock (NASDAQ:VIRC)

Key Stats

Today's Range
$16.00
$16.38
50-Day Range
$13.18
$16.73
52-Week Range
$6.75
$18.50
Volume
62,344 shs
Average Volume
213,330 shs
Market Capitalization
$265.69 million
P/E Ratio
9.88
Dividend Yield
0.61%
Price Target
$19.00
Consensus Rating
Buy

Company Overview

Virco Mfg. Corporation engages in the design, production, and distribution of furniture in the United States and Canada. The company offers seating products, including 4-leg chairs, cantilever chairs, mobile task chairs and lab stools, tablet armchairs, steel-frame and floor rockers, series stools, hard plastic seating, folding and upholstered stack chairs, and plastic stack and upholstered ergonomic chairs. It also provides activity, butcher block, folding, office, technology, and mobile tables; desks and workstations, and instructor media stations and towers; chair desks and combo units, tablet arm and caster units, mobile workstations, student desks, and returns and credenzas; and computer furniture solutions. In addition, the company provides administrative office furniture, including desks, returns, bookcases, and other items, as well as steel storage cabinets, wardrobe tower cabinets, file credenzas, and mobile pedestals; laboratory furniture comprising steel-based science tables, table bases, lab stools, and wood-frame science tables; mobile furniture, such as mobile tables, mobile cabinets, and mobile chairs for school settings and offices; and handling and storage equipment, and stackable storage trucks. It serves public and private educational institutions, charter schools, convention centers and arenas, hospitality providers, government facilities, and places of worship through its sales and support teams, and dealers' network. Virco Mfg. Corporation was incorporated in 1950 and is headquartered in Torrance, California.

Virco Mfg. Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
55th Percentile Overall Score

VIRC MarketRank™: 

Virco Mfg. scored higher than 55% of companies evaluated by MarketBeat, and ranked 170th out of 281 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Virco Mfg. has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Virco Mfg. has received no research coverage in the past 90 days.

  • Read more about Virco Mfg.'s stock forecast and price target.
  • Earnings Growth

    Earnings for Virco Mfg. are expected to decrease by -8.81% in the coming year, from $1.93 to $1.76 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Virco Mfg. is 9.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.95.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Virco Mfg. is 9.88, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.53.

  • Price to Book Value per Share Ratio

    Virco Mfg. has a P/B Ratio of 2.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    11.01% of the float of Virco Mfg. has been sold short.
  • Short Interest Ratio / Days to Cover

    Virco Mfg. has a short interest ratio ("days to cover") of 7.6.
  • Change versus previous month

    Short interest in Virco Mfg. has recently decreased by 6.88%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Virco Mfg. has a dividend yield of 0.60%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Virco Mfg. does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Virco Mfg. is 6.06%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Virco Mfg. will have a dividend payout ratio of 5.68% next year. This indicates that Virco Mfg. will be able to sustain or increase its dividend.

  • Read more about Virco Mfg.'s dividend.
  • Percentage of Shares Shorted

    11.01% of the float of Virco Mfg. has been sold short.
  • Short Interest Ratio / Days to Cover

    Virco Mfg. has a short interest ratio ("days to cover") of 7.6.
  • Change versus previous month

    Short interest in Virco Mfg. has recently decreased by 6.88%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Virco Mfg. has a news sentiment score of 1.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.74 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Virco Mfg. this week, compared to 1 article on an average week.
  • Search Interest

    8 people have searched for VIRC on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Virco Mfg. to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Virco Mfg. insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    17.47% of the stock of Virco Mfg. is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 30.97% of the stock of Virco Mfg. is held by institutions.

  • Read more about Virco Mfg.'s insider trading history.
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VIRC Stock News Headlines

Virco: Some Favorable Themes, But Not Quite A Buy
Could This Tiny Device Help You Make an Extra $30k a Year?
I believe it’s going to power Elon Musk’s next AI revolution… A revolution he believes will be worth more than $9 trillion. That’s nearly 10 times more money than the market caps of Tesla… SpaceX… PayPal… Neuralink… and X… COMBINED.
Virco Mfg. Corporation (VIRC)
See More Headlines

VIRC Stock Analysis - Frequently Asked Questions

Virco Mfg.'s stock was trading at $12.03 on January 1st, 2024. Since then, VIRC shares have increased by 35.6% and is now trading at $16.31.
View the best growth stocks for 2024 here
.

Virco Mfg. Co. (NASDAQ:VIRC) announced its earnings results on Monday, September, 9th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $1.00 by $0.04. The business had revenue of $108.42 million for the quarter, compared to the consensus estimate of $115.90 million. Virco Mfg. had a net margin of 9.50% and a trailing twelve-month return on equity of 27.88%.

Top institutional investors of Virco Mfg. include Minerva Advisors LLC (6.76%), Geode Capital Management LLC (1.48%), State Street Corp (1.05%) and D.A. Davidson & CO. (0.63%). Insiders that own company stock include Douglas A Virtue, Kathleen D Young, Robert A Virtue, Craig L Levra, Patricia Levine Quinones, Agnieszka Winkler and Bradley C Richardson.
View institutional ownership trends
.

Shares of VIRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Virco Mfg. investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and e.l.f. Beauty (ELF).

Company Calendar

Last Earnings
9/09/2024
Ex-Dividend for 10/11 Dividend
9/20/2024
Dividend Payable
10/11/2024
Today
12/06/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Public building & related furniture
Sub-Industry
Business Supplies
Current Symbol
NASDAQ:VIRC
Employees
820
Year Founded
1950

Price Target and Rating

Average Stock Price Target
$19.00
High Stock Price Target
$19.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+16.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$21.91 million
Pretax Margin
12.67%

Debt

Sales & Book Value

Annual Sales
$269.12 million
Cash Flow
$1.62 per share
Book Value
$5.58 per share

Miscellaneous

Free Float
13,443,000
Market Cap
$266.34 million
Optionable
Optionable
Beta
0.68

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This page (NASDAQ:VIRC) was last updated on 12/6/2024 by MarketBeat.com Staff
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