VirTra, Inc. (VTSI) Advances While Market Declines: Some Information for Investors

VirTra, Inc. (VTSI) closed at $4.36 in the latest trading session, marking a +2.83% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.43%. Elsewhere, the Dow lost 1.05%, while the tech-heavy Nasdaq lost 0.92%.

Shares of the company have depreciated by 10.74% over the course of the past month, underperforming the Aerospace sector's gain of 2.36%, and the S&P 500's loss of 0.5%.

The investment community will be paying close attention to the earnings performance of VirTra, Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be -$0.02, reflecting a 75% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $5.45 million, indicating a 0.93% increase compared to the same quarter of the previous year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.15 per share and a revenue of $24.94 million, representing changes of +25% and -7.81%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for VirTra, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. As of now, VirTra, Inc. holds a Zacks Rank of #3 (Hold).

In the context of valuation, VirTra, Inc. is at present trading with a Forward P/E ratio of 24.94. This represents no noticeable deviation compared to its industry average Forward P/E of 24.94.

The Electronics - Military industry is part of the Aerospace sector. This industry, currently bearing a Zacks Industry Rank of 88, finds itself in the top 36% echelons of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

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This article originally published on Zacks Investment Research (zacks.com).

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