NASDAQ:VRTUVirtusa Stock Price, Forecast & News

Virtusa's stock was trading at $37.76 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, VRTU shares have decreased by 18.8% and is now trading at $30.67. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtusa in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Virtusa.

Virtusa is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Virtusa.

Virtusa Co. (NASDAQ:VRTU) released its earnings results on Wednesday, May, 13th. The information technology services provider reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by $0.15. The information technology services provider earned $329.65 million during the quarter, compared to analyst estimates of $329.97 million. Virtusa had a net margin of 3.65% and a return on equity of 14.38%. View Virtusa's earnings history.

7 brokerages have issued 12-month price objectives for Virtusa's shares. Their forecasts range from $35.00 to $55.00. On average, they expect Virtusa's stock price to reach $42.40 in the next twelve months. This suggests a possible upside of 38.2% from the stock's current price. View analysts' price targets for Virtusa.

Media stories about VRTU stock have trended somewhat positive on Sunday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Virtusa earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave news articles about the information technology services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Virtusa.

Virtusa saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 905,100 shares, a decline of 14.6% from the June 15th total of 1,060,000 shares. Based on an average daily volume of 278,400 shares, the short-interest ratio is currently 3.3 days. Currently, 3.3% of the company's stock are short sold. View Virtusa's Current Options Chain.

Some companies that are related to Virtusa include Accenture (ACN), IBM (IBM), Cognizant Technology Solutions (CTSH), EPAM Systems (EPAM), Leidos (LDOS), Gartner (IT), Booz Allen Hamilton (BAH), Amdocs (DOX), Caci International (CACI), Mantech International (MANT), Teradata (TDC), Unisys (UIS), Forrester Research (FORR), The Hackett Group (HCKT) and Servicesource International (SREV). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Virtusa investors own include CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Endologix (ELGX), Energy Transfer LP Unit (ET), AbbVie (ABBV), Alibaba Group (BABA), Micron Technology (MU), NVIDIA (NVDA) and Accenture (ACN).

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

Virtusa's stock is owned by many different retail and institutional investors. Top institutional investors include Skyline Asset Management LP (0.80%) and Envestnet Asset Management Inc. (0.03%). Company insiders that own Virtusa stock include Joseph Doody, Kris A Canekeratne, Raj Rajgopal, Ranjan Kalia, Roger Keith Modder, Samir Dhir, Sundararajan Narayanan, Thomas R Holler and William K O'brien. View institutional ownership trends for Virtusa.

VRTU stock was bought by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, and Envestnet Asset Management Inc.. View insider buying and selling activity 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 $30.67.

Virtusa has a market capitalization of $924.09 million and generates $1.31 billion in revenue each year. The information technology services provider earns $47.90 million in net income (profit) each year or $1.73 on an earnings per share basis. Virtusa employs 22,830 workers across the globe.

The official website for Virtusa is 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]