VirTra (NASDAQ:VTSI) Upgraded by Wall Street Zen to Hold Rating

Wall Street Zen upgraded shares of VirTra (NASDAQ:VTSI) from a strong sell rating to a hold rating in a research report released on Thursday.

Separately, Lake Street Capital reduced their target price on VirTra from $10.00 to $7.00 and set a “buy” rating for the company in a report on Friday, March 28th.

VirTra Stock Performance

NASDAQ:VTSI opened at $5.09 on Thursday. The firm’s fifty day moving average price is $4.65 and its 200 day moving average price is $5.91. VirTra has a 1-year low of $3.57 and a 1-year high of $11.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 5.02 and a quick ratio of 3.46. The firm has a market cap of $57.32 million, a price-to-earnings ratio of 9.79 and a beta of 0.43.

VirTra (NASDAQ:VTSI) last released its earnings results on Monday, May 12th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.10. VirTra had a return on equity of 13.01% and a net margin of 18.24%. The company had revenue of $7.16 million during the quarter, compared to the consensus estimate of $5.46 million. On average, sell-side analysts expect that VirTra will post 0.34 EPS for the current year.

Institutional Investors Weigh In On VirTra

A number of hedge funds and other institutional investors have recently bought and sold shares of VTSI. Barclays PLC raised its stake in shares of VirTra by 34.3% during the 3rd quarter. Barclays PLC now owns 15,028 shares of the company’s stock worth $94,000 after buying an additional 3,837 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of VirTra by 16.7% during the 4th quarter. Bank of New York Mellon Corp now owns 21,094 shares of the company’s stock worth $142,000 after buying an additional 3,022 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of VirTra during the 4th quarter worth $121,000. Geode Capital Management LLC raised its stake in shares of VirTra by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 242,173 shares of the company’s stock worth $1,635,000 after buying an additional 4,969 shares during the last quarter. Finally, Perritt Capital Management Inc raised its stake in shares of VirTra by 100.0% during the 4th quarter. Perritt Capital Management Inc now owns 40,000 shares of the company’s stock worth $270,000 after buying an additional 20,000 shares during the last quarter. Institutional investors and hedge funds own 14.69% of the company’s stock.

About VirTra

VirTra, Inc provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations.