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

$38.75
-0.26 (-0.67 %)
(As of 09/22/2019 04:28 AM ET)
Today's Range
$38.71
Now: $38.75
$39.37
50-Day Range
$32.49
MA: $37.88
$45.59
52-Week Range
$31.99
Now: $38.75
$57.00
Volume191,763 shs
Average Volume249,919 shs
Market Capitalization$1.17 billion
P/E Ratio26.54
Dividend YieldN/A
Beta1.2
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$2.6042 per share
Book Value$13.06 per share

Profitability

Net Income$16.15 million

Miscellaneous

Employees21,745
Market Cap$1.17 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 the Zacks' consensus estimate of $0.40 by $0.01. The information technology services provider earned $319 million during 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%. Virtusa's quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the firm 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 updated its FY20 earnings guidance on Thursday, August, 8th. The company provided earnings per share (EPS) guidance of $2.45-$2.65 for the period, compared to the Thomson Reuters consensus 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?

5 brokerages have issued twelve-month price objectives for Virtusa's shares. Their forecasts range from $48.00 to $60.00. On average, they anticipate Virtusa's share price to reach $55.20 in the next year. This suggests a possible upside of 42.5% from the stock's current price. View Analyst Price Targets for Virtusa.

What is the consensus analysts' recommendation for Virtusa?

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

Has Virtusa been receiving favorable news coverage?

Headlines about VRTU stock have been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Virtusa earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned news coverage about the information technology services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Virtusa.

Are investors shorting Virtusa?

Virtusa saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 395,600 shares, a decrease of 15.9% from the July 31st total of 470,600 shares. Based on an average daily volume of 181,700 shares, the short-interest ratio is currently 2.2 days. Currently, 1.4% of the shares of the stock are short sold. 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), Aegean Marine Petroleum Network (ANW), Alibaba Group (BABA), Chipotle Mexican Grill (CMG), AbbVie (ABBV) 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.59%), Vanguard Group Inc. (7.42%), GW&K Investment Management LLC (2.42%), Renaissance Technologies LLC (1.36%), Northern Trust Corp (1.19%) and Nuveen Asset Management LLC (1.24%). 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 major investors are selling Virtusa stock?

VRTU stock was sold by a variety of institutional investors in the last quarter, including Redwood Investments LLC, Summit Creek Advisors LLC, JPMorgan Chase & Co., Wells Fargo & Company MN, Marshall Wace LLP, Renaissance Technologies LLC, Bank of New York Mellon Corp and Mesirow Financial Investment Management Equity Management. 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 major investors are buying Virtusa stock?

VRTU stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, GW&K Investment Management LLC, Morgan Stanley, AMI Asset Management Corp, BlackRock Inc., Monarch Partners Asset Management LLC, Scout Investments Inc. and Public Employees Retirement Association of Colorado. 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 $38.75.

How big of a company is Virtusa?

Virtusa has a market capitalization of $1.17 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:  409 (Vote Outperform)
Underperform Votes:  279 (Vote Underperform)
Total Votes:  688
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 9/22/2019 by MarketBeat.com Staff

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