In the latest close session, VirTra, Inc. (VTSI) was down 2.34% at $4.60. The stock trailed the S&P 500, which registered a daily gain of 0.8%. At the same time, the Dow lost 0.15%, and the tech-heavy Nasdaq gained 1.6%.
Shares of the company have appreciated by 4.2% over the course of the past month, outperforming the Aerospace sector's gain of 1.89%, and lagging the S&P 500's gain of 5.15%.
Analysts and investors alike will be keeping a close eye on the performance of VirTra, Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.09, marking a 181.82% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $2.86 million, showing a 60.06% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of -$0.07 per share and a revenue of $19.52 million, demonstrating changes of -450% and -12.81%, respectively, from the preceding year.
Any recent changes to analyst estimates for VirTra, Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
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 last 30 days, the Zacks Consensus EPS estimate has moved 141.18% lower. VirTra, Inc. currently has a Zacks Rank of #5 (Strong Sell).
The Electronics - Military industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 243, positioning it in the bottom 1% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
VirTra, Inc. (VTSI): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).