NASDAQ:VRTU - Virtusa Stock Price, Forecast & News

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

Virtusa Co. (NASDAQ:VRTU) released its quarterly earnings data on Thursday, November, 7th. The information technology services provider reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.20. The information technology services provider had revenue of $328.50 million for the quarter, compared to analyst estimates 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 issued an update on its third quarter 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share 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 equities research analysts have issued 12 month price targets for Virtusa's shares. Their forecasts range from $44.00 to $60.00. On average, they expect Virtusa's stock price to reach $53.83 in the next twelve months. This suggests a possible upside of 23.6% 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 headlines about VRTU stock have been trending somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. 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 coverage optimism score of 1.7 on InfoTrie's scale. They also assigned news articles about the information technology services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Virtusa.

Virtusa saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 726,500 shares, an increase of 29.4% from the December 15th total of 561,400 shares. Based on an average trading volume of 229,600 shares, the short-interest ratio is currently 3.2 days. Currently, 2.7% of the company's stock 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 many different of institutional and retail investors. Top institutional investors include Summit Creek Advisors LLC (0.81%), Skyline Asset Management LP (0.68%), Scout Investments Inc. (0.47%), Gradient Investments LLC (0.10%), State of Alaska Department of Revenue (0.07%) and Louisiana State Employees Retirement System (0.03%). 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 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 and Gradient Investments LLC. 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 $43.54.

Virtusa has a market capitalization of $1.32 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]