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NASDAQ:VRTU

Virtusa Stock Forecast, Price & News

$49.29
+0.13 (+0.26 %)
(As of 10/1/2020 11:57 AM ET)
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Compare
Today's Range
$49.17
Now: $49.29▼
$49.72
50-Day Range
$39.01
MA: $43.88▼
$50.65
52-Week Range
$19.48
Now: $49.29▼
$52.81
Volume5,440 shs
Average Volume348,562 shs
Market Capitalization$1.49 billion
P/E Ratio40.07
Dividend YieldN/A
Beta1.53
Virtusa Corporation provides digital engineering and information technology (IT) outsourcing services worldwide. The company offers business and IT consulting services, including advisory/target operating model, business process re-engineering/business management, transformational solution consulting, and business/technology alignment analysis; omni-channel digital strategy, experience design accelerated solution design, and employee engagement; and application portfolio rationalization, SDLC transformation, and BA competency transformation services. It also provides application development, software product engineering, CRM and SAP implementation, content management, enterprise mobility, cloud computing, and social media solutions; systems consolidation and rationalization, technology migration and porting, and legacy application Web-enablement; data management, business intelligence, reporting and decision support, master data management, data integration, and big data analytics; and software quality assurance and managed testing services. In addition, the company offers application maintenance and support, applications enhancement, and cloud-environment management and support; managed infrastructure, and remote application monitoring and support services; and IT efficiency improvement services. Further, it offers digital engineering and operational excellence services-based, and transformational solutions. The company serves communications and technology; banking, financial services, and insurance; and media and information industries. The company has collaboration agreements with Moxtra, Inc. to develop and deploy solutions for financial services firms, as well as the Banking Industry Architecture Network; and Indiana Biosciences Research Institute. The company was formerly known as eRunway, Inc. and changed its name to Virtusa Corporation in April 2002. Virtusa Corporation was founded in 1996 and is headquartered in Southborough, Massachusetts.
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Virtusa logo

Beat the Market (BTM) Rank™

Analyst Opinion: 2.1Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.58 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryIT Consulting & Other Services
SectorComputer and Technology
Current SymbolNASDAQ:VRTU
Previous Symbol
CUSIP92827P10
CIK1207074
Webwww.virtusa.com
Phone508-389-7300

Debt

Debt-to-Equity Ratio1.04
Current Ratio2.65
Quick Ratio2.65

Price-To-Earnings

Trailing P/E Ratio40.07
Forward P/E Ratio27.08
P/E Growth1.98

Sales & Book Value

Annual Sales$1.31 billion
Price / Sales1.14
Cash Flow$3.06 per share
Price / Cash Flow16.13
Book Value$13.31 per share
Price / Book3.70

Profitability

EPS (Most Recent Fiscal Year)$1.73
Net Income$47.90 million
Net Margins3.32%
Return on Equity13.33%
Return on Assets4.30%

Miscellaneous

Employees22,830
Outstanding Shares30,247,000
Market Cap$1.49 billion
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$49.29
+0.13 (+0.26 %)
(As of 10/1/2020 11:57 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Virtusa (NASDAQ:VRTU) Frequently Asked Questions

How has Virtusa's stock been impacted by COVID-19?

Virtusa's stock was trading at $37.76 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, VRTU shares have increased by 30.7% and is now trading at $49.34.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Virtusa?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtusa in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Virtusa.

When is Virtusa's next earnings date?

Virtusa is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Virtusa.

How were Virtusa's earnings last quarter?

Virtusa Co. (NASDAQ:VRTU) posted its quarterly earnings data on Thursday, July, 30th. The information technology services provider reported $0.20 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.14 by $0.06. The information technology services provider had revenue of $301.06 million for the quarter, compared to the consensus estimate of $287.20 million. Virtusa had a net margin of 3.32% and a return on equity of 13.33%.
View Virtusa's earnings history.

What guidance has Virtusa issued on next quarter's earnings?

Virtusa issued an update on its second quarter earnings guidance on Thursday, July, 30th. The company provided earnings per share (EPS) guidance of $0.50 to $0.56 for the period, compared to the Thomson Reuters consensus estimate of $0.34. The company issued revenue guidance of $311 million to $319 million, compared to the consensus revenue estimate of $299.46 million.

What price target have analysts set for VRTU?

8 equities research analysts have issued 12 month target prices for Virtusa's stock. Their forecasts range from $40.00 to $51.00. On average, they expect Virtusa's share price to reach $45.80 in the next year. This suggests that the stock has a possible downside of 7.2%.
View analysts' price targets for Virtusa.

Are investors shorting Virtusa?

Virtusa saw a drop in short interest in the month of August. As of August 14th, there was short interest totaling 813,900 shares, a drop of 50.7% from the July 30th total of 1,650,000 shares. Based on an average daily volume of 275,500 shares, the short-interest ratio is presently 3.0 days. Approximately 2.9% of the shares of the stock are sold short.
View Virtusa's Short Interest.

Who are some of Virtusa's key competitors?

Some companies that are related to Virtusa include Accenture (ACN), IBM (IBM), Cognizant Technology Solutions (CTSH), EPAM Systems (EPAM), Leidos (LDOS), Booz Allen Hamilton (BAH), Gartner (IT), Amdocs (DOX), Caci International (CACI), Mantech International (MANT), Teradata (TDC), Unisys (UIS), Forrester Research (FORR), The Hackett Group (HCKT) and Servicesource International (SREV).
View all competitors.

What other stocks do shareholders of Virtusa own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Virtusa investors own include CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), NVIDIA (NVDA), AbbVie (ABBV), Micron Technology (MU), Energy Transfer LP Unit (ET), Endologix (ELGX), Accenture (ACN) and Alibaba Group (BABA).

Who are Virtusa's key executives?

Virtusa's management team includes the following people:
  • Mr. Krishan Aruna Canekeratne, Co-Founder, Chairman & CEO (Age 53)
  • Mr. Samir Dhir, Pres (Age 48)
  • Mr. Ranjan Kalia, Exec. VP of Fin., CFO, Treasurer & Sec. (Age 58)
  • Mr. Thomas R. Holler, Exec. VP & Chief Strategy Officer (Age 56)
  • Mr. John Gillis, Co-Founder and Exec. VP of Client Services & Bus. Devel.

What is Virtusa's stock symbol?

Virtusa trades on the NASDAQ under the ticker symbol "VRTU."

How do I buy shares of Virtusa?

Shares of VRTU 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, Robinhood, Fidelity, and Charles Schwab.

What is Virtusa's stock price today?

One share of VRTU stock can currently be purchased for approximately $49.34.

How big of a company is Virtusa?

Virtusa has a market capitalization of $1.49 billion and generates $1.31 billion in revenue each year. The information technology services provider earns $47.90 million in net income (profit) each year or $1.73 on an earnings per share basis. Virtusa employs 22,830 workers across the globe.

What is Virtusa's official website?

The official website for Virtusa is www.virtusa.com.

How can I contact Virtusa?

Virtusa's mailing address is 132 TURNPIKE RD, SOUTHBOROUGH MA, 01772. The information technology services provider can be reached via phone at 508-389-7300 or via email at [email protected]

This page was last updated on 10/1/2020 by MarketBeat.com Staff
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