NASDAQ:VRTU - Virtusa Stock Price, Forecast & News

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

Virtusa Co. (NASDAQ:VRTU) released its earnings results on Thursday, November, 7th. The information technology services provider reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.20. The information technology services provider earned $328.50 million during the quarter, compared to the consensus estimate of $327.07 million. Virtusa had a return on equity of 11.76% and a net margin of 2.63%. 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 earnings per share 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 1-year price targets for Virtusa's shares. Their forecasts range from $44.00 to $60.00. On average, they expect Virtusa's share price to reach $53.83 in the next year. 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.

Headlines about VRTU stock have been trending positive recently, InfoTrie reports. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Virtusa earned a news sentiment score of 2.2 on InfoTrie's scale. They also gave media 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 effect on the stock's share price in the near term. 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 daily volume of 229,600 shares, the short-interest ratio is currently 3.2 days. Currently, 2.7% of the shares of the 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 a number of of institutional and retail investors. Top institutional shareholders 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, Gradient Investments LLC and Zurcher Kantonalbank Zurich Cantonalbank . 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 $43.56.

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]