VirTra’s (VTSI) Buy Rating Reaffirmed at Roth Capital

Roth Capital reiterated their buy rating on shares of VirTra (NASDAQ:VTSI) in a report released on Friday,Benzinga reports. Roth Capital currently has a $7.50 target price on the stock.

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of VirTra in a research report on Monday, September 21st. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, VirTra currently has an average rating of “Hold” and an average target price of $6.25.

VirTra Stock Performance

Shares of VTSI opened at $4.24 on Friday. The business’s 50 day moving average is $2.79 and its two-hundred day moving average is $3.50. VirTra has a 52-week low of $2.42 and a 52-week high of $5.44. The firm has a market cap of $48.00 million, a price-to-earnings ratio of -106.00 and a beta of 1.00. The company has a quick ratio of 2.44, a current ratio of 3.89 and a debt-to-equity ratio of 0.25.

VirTra (NASDAQ:VTSI) last released its quarterly earnings results on Thursday, November 12th. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.25. The business had revenue of $7.62 million during the quarter, compared to the consensus estimate of $4.39 million. VirTra had a negative net margin of 2.16% and a negative return on equity of 0.96%. Analysts forecast that VirTra will post -0.14 EPS for the current fiscal year.

Institutional Trading of VirTra

A hedge fund recently raised its stake in VirTra stock. Dimensional Fund Advisors LP lifted its stake in VirTra, Inc. (NASDAQ:VTSI) by 2.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 331,462 shares of the company’s stock after purchasing an additional 7,408 shares during the quarter. Dimensional Fund Advisors LP owned 2.93% of VirTra worth $1,230,000 as of its most recent filing with the Securities & Exchange Commission. 14.69% of the stock is currently owned by institutional investors and hedge funds.

Top VirTra Stories

Here are a few of the latest stories about VTSI:

• Positive Sentiment: Revenue and bookings grew: Third-quarter revenue increased 42% year over year to $7.6 million, while bookings reached $10.3 million—signs of stronger demand for VirTra’s training systems. VirTra reports third-quarter revenue growth and bookings
• Positive Sentiment: Results topped expectations: VirTra reported Q3 earnings of $0.19 per share, versus analyst estimates calling for a loss of about $0.05–$0.06 per share. The earnings surprise and swing to a profit helped drive the favorable market reaction. VirTra Q3 earnings and revenues top estimates
• Positive Sentiment: Analyst remained bullish: Roth Capital reaffirmed its Buy rating and set a $7.50 price target, signaling continued confidence in the stock’s potential. Roth Capital rating information

VirTra Company Profile

VirTra, Inc. develops and provides immersive training systems designed to help law enforcement, military, government, and commercial organizations prepare for high-stakes interactions. Its technology focuses on firearms proficiency, judgment and decision-making, de-escalation, communication, and use-of-force training through interactive video-based scenarios. The company’s product portfolio includes multi-screen and single-screen simulator platforms, firearms training systems, scenario-based software, and related weapons, accessories, and training content.