Here's Why VirTra, Inc. (VTSI) Fell More Than Broader Market

VirTra, Inc. (VTSI) closed the most recent trading day at $4.69, moving -1.26% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.43%. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq lost 0.94%.

Heading into today, shares of the company had gained 13.1% over the past month, outpacing the Aerospace sector's gain of 4.5% and the S&P 500's gain of 0.89%.

Market participants will be closely following the financial results of VirTra, Inc. in its upcoming release. In that report, analysts expect VirTra, Inc. to post earnings of -$0.02 per share. This would mark year-over-year growth of 75%. Alongside, our most recent consensus estimate is anticipating revenue of $5.45 million, indicating a 0.93% upward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $0.15 per share and a revenue of $24.94 million, demonstrating changes of +25% and 0%, respectively, from the preceding year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for VirTra, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. VirTra, Inc. is currently sporting a Zacks Rank of #4 (Sell).

Looking at valuation, VirTra, Inc. is presently trading at a Forward P/E ratio of 27.94. This valuation marks no noticeable deviation compared to its industry average Forward P/E of 27.94.

The Electronics - Military industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 234, positioning it in the bottom 5% 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.

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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