VirTra, Inc. (VTSI) closed the most recent trading day at $2.84, moving +1.79% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.66%. On the other hand, the Dow registered a gain of 0.18%, and the technology-centric Nasdaq increased by 1.05%.
The company's stock has dropped by 9.71% in the past month, falling short of the Aerospace sector's loss of 6.63% and the S&P 500's gain of 0.55%.
Market participants will be closely following the financial results of VirTra, Inc. in its upcoming release. The company is forecasted to report an EPS of -$0.05, showcasing a 66.67% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $4.28 million, reflecting a 20% fall from the equivalent quarter last year.
VTSI's full-year Zacks Consensus Estimates are calling for earnings of -$0.14 per share and revenue of $20.07 million. These results would represent year-over-year changes of -800% and -10.36%, respectively.
Investors should also note any recent changes to analyst estimates for VirTra, Inc. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. VirTra, Inc. currently has a Zacks Rank of #4 (Sell).
The Electronics - Military industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 240, positioning it in the bottom 3% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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VirTra, Inc. (VTSI): Free Stock Analysis Report
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