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Virtusa Stock Price, News & Analysis (NASDAQ:VRTU)

$35.84
+0.56 (+1.59 %)
(As of 10/18/2019 01:01 AM ET)
Today's Range
$35.15
Now: $35.84
$36.04
50-Day Range
$34.28
MA: $36.94
$40.81
52-Week Range
$31.99
Now: $35.84
$57.00
Volume67,970 shs
Average Volume167,775 shs
Market Capitalization$1.08 billion
P/E Ratio24.55
Dividend YieldN/A
Beta1.22
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. Read More…

Industry, Sector and Symbol

Industry Custom computer programming services
Sub-IndustryIT Consulting & Other Services
SectorComputer and Technology
Current SymbolNASDAQ:VRTU
CUSIP92827P10
Phone508-389-7300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.25 billion
Cash Flow$2.66 per share
Book Value$13.06 per share

Profitability

Net Income$16.15 million

Miscellaneous

Employees21,745
Market Cap$1.08 billion
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable

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Virtusa (NASDAQ:VRTU) Frequently Asked Questions

What is Virtusa's stock symbol?

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

How were Virtusa's earnings last quarter?

Virtusa Co. (NASDAQ:VRTU) issued its earnings results on Thursday, August, 8th. The information technology services provider reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. The information technology services provider had revenue of $319 million for the quarter, compared to the consensus estimate of $317.59 million. Virtusa had a return on equity of 11.67% and a net margin of 2.23%. The business's quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 earnings per share. View Virtusa's Earnings History.

When is Virtusa's next earnings date?

Virtusa is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Virtusa.

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

Virtusa issued an update on its FY20 earnings guidance on Thursday, August, 8th. The company provided EPS guidance of $2.45-$2.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.68. The company issued revenue guidance of $1.326-$1.354 billion, compared to the consensus revenue estimate of $1.37 billion.

What price target have analysts set for VRTU?

6 brokers have issued 12 month price targets for Virtusa's shares. Their predictions range from $48.00 to $60.00. On average, they expect Virtusa's stock price to reach $54.00 in the next twelve months. This suggests a possible upside of 50.7% from the stock's current price. View Analyst Price Targets for Virtusa.

What is the consensus analysts' recommendation for Virtusa?

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

Has Virtusa been receiving favorable news coverage?

Media coverage about VRTU stock has trended somewhat negative recently, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Virtusa earned a news impact score of -1.9 on InfoTrie's scale. They also gave news headlines about the information technology services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Virtusa.

Are investors shorting Virtusa?

Virtusa saw a decline in short interest in September. As of September 15th, there was short interest totalling 550,200 shares, a decline of 11.8% from the August 15th total of 624,000 shares. Based on an average daily volume of 213,800 shares, the days-to-cover ratio is currently 2.6 days. Currently, 2.0% of the company's shares are sold short. View Virtusa's Current Options Chain.

Who are some of Virtusa's key 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), NVIDIA (NVDA), Endologix (ELGX), Micron Technology (MU), AbbVie (ABBV), Aegean Marine Petroleum Network (ANW), Alibaba Group (BABA), Chipotle Mexican Grill (CMG) and Accenture (ACN).

Who are Virtusa's key executives?

Virtusa's management team includes the folowing 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.

Who are Virtusa's major shareholders?

Virtusa's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Skyline Asset Management LP (0.60%), Scout Investments Inc. (0.48%), Summit Creek Advisors LLC (0.45%), Gradient Investments LLC (0.09%) and State of Alaska Department of Revenue (0.08%). Company insiders that own Virtusa stock include Joseph Doody, Kris A Canekeratne, Raj Rajgopal, Ranjan Kalia, Robert E Davoli, Roger Keith Modder, Rowland T Moriarty, Samir Dhir, Sundararajan Narayanan, Thomas R Holler and William K O'brien. View Institutional Ownership Trends for Virtusa.

Which institutional investors are selling Virtusa stock?

VRTU stock was sold by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC. 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 and Thomas R Holler. View Insider Buying and Selling for Virtusa.

Which institutional investors are buying Virtusa stock?

VRTU stock was acquired by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, State of Alaska Department of Revenue, Scout Investments Inc. and Gradient Investments LLC. View Insider Buying and Selling for Virtusa.

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 $35.84.

How big of a company is Virtusa?

Virtusa has a market capitalization of $1.08 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.

What is Virtusa's official website?

The official website for Virtusa is http://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]


MarketBeat Community Rating for Virtusa (NASDAQ VRTU)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  415 (Vote Outperform)
Underperform Votes:  286 (Vote Underperform)
Total Votes:  701
MarketBeat's community ratings are surveys of what our community members think about Virtusa and other stocks. Vote "Outperform" if you believe VRTU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VRTU will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/18/2019 by MarketBeat.com Staff

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