NASDAQ:VRTU - Virtusa Stock Price, Forecast & News

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

Virtusa Co. (NASDAQ:VRTU) released its earnings results on Thursday, November, 7th. The information technology services provider reported $0.54 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.20. The information technology services provider earned $328.50 million during the quarter, compared to analysts' expectations of $327.07 million. Virtusa had a net margin of 2.63% and a return on equity of 11.76%. View Virtusa's Earnings History.

Virtusa is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Virtusa.

Virtusa updated its third quarter 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $0.73-0.79 for the period, compared to the Thomson Reuters consensus estimate of $0.76. The company issued revenue guidance of $$332-340 million, compared to the consensus revenue estimate of $$338.2 million.

6 analysts have issued 12 month price objectives for Virtusa's stock. Their forecasts range from $44.00 to $60.00. On average, they expect Virtusa's stock price to reach $53.83 in the next year. This suggests a possible upside of 28.9% from the stock's current price. View Analyst Price Targets for Virtusa.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtusa in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Virtusa.

News stories about VRTU stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Virtusa earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news stories about the information technology services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Virtusa.

Virtusa saw a increase in short interest in January. As of January 15th, there was short interest totalling 726,500 shares, an increase of 29.4% from the December 31st total of 561,400 shares. Based on an average daily volume of 229,500 shares, the short-interest ratio is currently 3.2 days. Approximately 2.7% of the shares of the company are sold short. View Virtusa's Current Options Chain.

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

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

Virtusa's stock is owned by a number of of retail and institutional investors. Top institutional investors include AMI Asset Management Corp (0.87%), Summit Creek Advisors LLC (0.81%), Skyline Asset Management LP (0.68%), Scout Investments Inc. (0.47%), Gradient Investments LLC (0.10%) and State of Alaska Department of Revenue (0.07%). Company insiders that own Virtusa stock include Joseph Doody, Kris A Canekeratne, Raj Rajgopal, Ranjan Kalia, Roger Keith Modder, Rowland T Moriarty, Samir Dhir, Sundararajan Narayanan, Thomas R Holler and William K O'brien. View Institutional Ownership Trends for Virtusa.

VRTU stock was sold by a variety of institutional investors in the last quarter, including AMI Asset Management Corp, Arizona State Retirement System, Scout Investments Inc., Louisiana State Employees Retirement System and State of Alaska Department of Revenue. Company insiders that have sold Virtusa company stock in the last year include Kris A Canekeratne, Raj Rajgopal, Ranjan Kalia, Roger Keith Modder, Samir Dhir, Sundararajan Narayanan, Thomas R Holler and William K O'brien. View Insider Buying and Selling for Virtusa.

VRTU stock was acquired by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC, Skyline Asset Management LP, Gradient Investments LLC and Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for 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.

One share of VRTU stock can currently be purchased for approximately $41.76.

Virtusa has a market capitalization of $1.26 billion and generates $1.25 billion in revenue each year. The information technology services provider earns $16.15 million in net income (profit) each year or $1.46 on an earnings per share basis. Virtusa employs 21,745 workers across the globe.View Additional Information About Virtusa.

The official website for Virtusa is http://www.virtusa.com/.

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]