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.
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Industry, Sector and Symbol
Industry Custom computer programming services
Sub-IndustryIT Consulting & Other Services
SectorComputer and Technology
Phone508-389-7300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.25 billion
Profitability
Miscellaneous
Employees21,745
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable
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) posted its quarterly earnings results on Thursday, August, 8th. The information technology services provider reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.40 by $0.01. The information technology services provider earned $319 million during the quarter, compared to analysts' expectations of $317.59 million. Virtusa had a net margin of 2.23% and a return on equity of 11.67%. The business's quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the company posted $0.50 earnings per share. View Virtusa's Earnings History.
When is Virtusa's next earnings date?
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 earnings per share (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 brokerages have issued 1-year price objectives for Virtusa's stock. Their forecasts range from $48.00 to $60.00. On average, they anticipate Virtusa's share price to reach $54.00 in the next twelve months. This suggests a possible upside of 53.0% 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 headlines about VRTU stock have been trending negative on Monday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Virtusa earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned news stories about the information technology services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Virtusa.
Are investors shorting Virtusa?
Virtusa saw a decrease in short interest in September. As of September 15th, there was short interest totalling 550,200 shares, a decrease of 11.8% from the August 15th total of 624,000 shares. Based on an average trading volume of 213,800 shares, the days-to-cover ratio is presently 2.6 days. Approximately 2.0% of the company's stock are short sold. View Virtusa's Current Options Chain.
Who are some of Virtusa's key competitors?
Some companies that are related to Virtusa include PROS (PRO), Sogou (SOGO), Endava (DAVA), Perficient (PRFT), Formula Systems (1985) (FORTY), Monotype Imaging (TYPE), Glu Mobile (GLUU), PDF Solutions (PDFS), AGM Group (AGMH), Computer Programs & Systems (CPSI), Synchronoss Technologies (SNCR), Bright Mountain Media (BMTM), Perion Network (PERI), Innovative Solutions & Support (ISSC) and Computer Task Group (CTG).
What other stocks do shareholders of Virtusa own?
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 number of of institutional and retail investors. Top institutional investors include Skyline Asset Management LP (0.60%), Scout Investments Inc. (0.48%), 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 buying Virtusa stock?
VRTU stock was bought 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 $35.29.
How big of a company is Virtusa?
Virtusa has a market capitalization of $1.07 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?
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)
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.
