About Virtusa Corporation
Virtusa Corporation (Virtusa) is an information technology services company. The Company's services include information technology (IT) and business consulting, digital enablement services, user experience (UX) design, development of IT applications, maintenance and support services, systems integration, infrastructure and managed services. Its services enable its clients to accelerate business outcomes by consolidating, rationalizing and modernizing the clients' core customer-facing processes into one or more core systems. It delivers solutions through a global delivery model, applying advanced methods, such as Agile, a technique designed to accelerate application development. The Company uses its consulting methodology, Accelerated Solution Design (ASD). It supports the Chief Information Officers (CIOs) of its client organizations in solving their critical issues, including managing total cost of ownership, accelerating time-to-market and increasing productivity.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Information Technology Services
- Sub-Industry: IT Consulting & Other Services
- Exchange: NASDAQ
- Symbol: VRTU
- CUSIP: 92827P10
- Previous Close: $30.49
- 50 Day Moving Average: $27.23
- 200 Day Moving Average: $24.00
- 52-Week Range: $18.03 - $38.31
- Trailing P/E Ratio: 66.43
- Foreward P/E Ratio: 16.48
- P/E Growth: 1.50
- Market Cap: $913.39M
- Outstanding Shares: 29,957,000
- Beta: 1.42
- Net Margins: 1.70%
- Return on Equity: 4.32%
- Return on Assets: 2.73%
Companies Related to Virtusa Corporation:
- Debt-to-Equity Ratio: 0.32%
- Current Ratio: 3.79%
- Quick Ratio: 3.79%
What is Virtusa Corporation's stock symbol?
Virtusa Corporation trades on the NASDAQ under the ticker symbol "VRTU."
Where is Virtusa Corporation's stock going? Where will Virtusa Corporation's stock price be in 2017?
5 analysts have issued 1-year price objectives for Virtusa Corporation's stock. Their predictions range from $26.00 to $46.00. On average, they anticipate Virtusa Corporation's stock price to reach $34.20 in the next twelve months.
When will Virtusa Corporation announce their earnings?
Virtusa Corporation is scheduled to release their next quarterly earnings announcement on Monday, May, 15th 2017.
What are analysts saying about Virtusa Corporation stock?
Here are some recent quotes from research analysts about Virtusa Corporation stock:
According to Zacks Investment Research, "Virtusa Corporation is a global information technology services company providing IT consulting, technology implementation and application outsourcing services. Using its enhanced global delivery model, innovative platforming approach and industry expertise, Virtusa provides cost-effective services that enable its clients to use IT to enhance business performance, accelerate time-to-market, increase productivity and improve customer service. " (2/18/2017)
- Needham & Company LLC analysts commented, "VRTU delivered solid 3Q results on the back of broad based growth in the core verticals and geographies. The pipeline is healthy, and even with added caution among healthcare clients ahead of potential changes to the ACA, VRTU is guiding to solid sequential revenue growth. Additionally, management remains focused on improving utilization and reducing SG&A overhead to drive sustainable operating margin expansion. While our FY17 estimates are largely unchanged, we are bumping up our FY18 revenue estimate but lowering our EPS forecast, primarily to reflect more gradual operating margin expansion. With a favorable risk-reward and positive revenue and margin trends in place we are reiterating our BUY rating and raising our target to $32." (2/9/2017)
Cantor Fitzgerald analysts commented, "1Q:FY17 revenue above expectations. Revenue for 1Q:FY17 was $205.5 mn, up 19.6% q/q and 52.4% y/y, vs. our $205.4 mn estimate and the $203.8 mn FactSet consensus. The high growth rates were aided by the recent Polaris acquisition. Organic growth numbers have not been released yet. Non-GAAP operating margin was 3.8%, above our 2.7% estimate. Non-GAAP EPS was $0.18 vs. our $0.16 estimate and consensus of the same." (8/8/2016)
Who owns Virtusa Corporation stock?
Virtusa Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (15.00%), Dimensional Fund Advisors LP (4.56%), Thrivent Financial for Lutherans (3.48%), Skyline Asset Management LP (2.29%), Frontier Capital Management Co. LLC (2.08%) and State Street Corp (2.05%). Company insiders that own Virtusa Corporation stock include Kris A Canekeratne, Raj Rajgopal, Ranjan Kalia, Robert E Davoli, Roger Keith Modder, Ronald T Maheu, Rowland T Moriarty and Thomas R Holler.
Who sold Virtusa Corporation stock? Who is selling Virtusa Corporation stock?
Virtusa Corporation's stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Metropolitan Life Insurance Co. NY, Jupiter Asset Management Ltd. and Zebra Capital Management LLC. Company insiders that have sold Virtusa Corporation stock in the last year include Kris A Canekeratne, Ranjan Kalia, Roger Keith Modder and Ronald T Maheu.
Who bought Virtusa Corporation stock? Who is buying Virtusa Corporation stock?
Virtusa Corporation's stock was bought by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Russell Investments Group Ltd., Royce & Associates LP, Clough Capital Partners L P, Putnam Investments LLC, S Squared Technology LLC, Skyline Asset Management LP and FIL Ltd.
How do I buy Virtusa Corporation stock?
Shares of Virtusa Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Virtusa Corporation stock cost?
One share of Virtusa Corporation stock can currently be purchased for approximately $30.49.