NASDAQ:VRTU - Virtusa Stock Price, Price Target & More

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

Virtusa declared that its board has approved a share repurchase plan on Sunday, June 4th 2017, which allows the company to repurchase $30,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 3.3% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

Virtusa Co. (NASDAQ:VRTU) posted its quarterly earnings data on Tuesday, May, 15th. The information technology services provider reported $0.55 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.55. The information technology services provider earned $281.30 million during the quarter, compared to analyst estimates of $282.44 million. Virtusa had a return on equity of 5.94% and a net margin of 0.12%. The firm's quarterly revenue was up 24.5% on a year-over-year basis. During the same period last year, the company earned $0.43 EPS. View Virtusa's Earnings History.

Virtusa is scheduled to release their next quarterly earnings announcement on Tuesday, August, 14th 2018. View Earnings Estimates for Virtusa.

Virtusa updated its FY19 earnings guidance on Tuesday, May, 15th. The company provided earnings per share guidance of $2.08-2.32 for the period, compared to the Thomson Reuters consensus estimate of $2.26. The company issued revenue guidance of $1.23-1.27 billion, compared to the consensus revenue estimate of $1.25 billion.Virtusa also updated its Q1 guidance to $0.45-0.51 EPS.

7 equities research analysts have issued twelve-month target prices for Virtusa's shares. Their predictions range from $52.00 to $65.00. On average, they anticipate Virtusa's stock price to reach $58.7143 in the next twelve months. View Analyst Ratings for Virtusa.

Some companies that are related to Virtusa include GEMALTO NV/S (GTOMY), Sogou (SOGO), Zscaler (ZS), Syntel (SYNT), Callidus Software (CALD), PROS (PRO), Luxoft (LXFT), Perficient (PRFT), Glu Mobile (GLUU), Monotype Imaging (TYPE), AGM Group (AGMH), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), PDF Solutions (PDFS) and Synchronoss Technologies (SNCR).

News headlines about VRTU stock have trended somewhat negative on Sunday, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Virtusa earned a media sentiment score of -0.18 on Accern's scale. They also gave media headlines about the information technology services provider an impact score of 46.38 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Virtusa's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.09%), Dimensional Fund Advisors LP (6.95%), Frontier Capital Management Co. LLC (3.37%), Thrivent Financial for Lutherans (3.08%), Northern Trust Corp (2.14%) and Skyline Asset Management LP (1.32%). Company insiders that own Virtusa stock include Kris A Canekeratne, Raj Rajgopal, Ranjan Kalia, Robert E Davoli, Roger Keith Modder, Ronald T Maheu, Rowland T Moriarty, Samir Dhir, Sundararajan Narayanan, Thomas R Holler, Trust Martin 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 Vaughan Nelson Investment Management L.P., Skyline Asset Management LP, Mesirow Financial Investment Management Equity Management, FIL Ltd, Citadel Advisors LLC, Tiverton Asset Management LLC, Natixis Advisors L.P. and Russell Investments Group Ltd.. Company insiders that have sold Virtusa company stock in the last year include Kris A Canekeratne, Raj Rajgopal, Ranjan Kalia, Robert E Davoli, Roger Keith Modder, Rowland T Moriarty, Samir Dhir, Sundararajan Narayanan, Thomas R Holler, Trust Martin and William K O'brien. View Insider Buying and Selling for Virtusa.

VRTU stock was bought by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Redwood Investments LLC, BlackRock Inc., Millennium Management LLC, Wells Fargo & Company MN, Prudential Financial Inc., Carillon Tower Advisers Inc. and Hsbc Holdings PLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of VRTU stock can currently be purchased for approximately $48.43.

Virtusa has a market capitalization of $1.45 billion and generates $1.02 billion in revenue each year. The information technology services provider earns $1.25 million in net income (profit) each year or $0.89 on an earnings per share basis. Virtusa employs 20,491 workers across the globe.

Virtusa's mailing address is 2000 WEST PARK DRIVE, WESTBOROUGH MA, 01581. The information technology services provider can be reached via phone at 508-389-7300 or via email at [email protected]