Zacks: VirTra Systems Inc. (NASDAQ:VTSI) Given $5.80 Consensus Target Price by Brokerages

VirTra Systems Inc. (NASDAQ:VTSI) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokers have set a one year consensus price objective of $5.80 for the company and are forecasting that the company will post $0.07 earnings per share for the current quarter, according to Zacks. Zacks has also given VirTra Systems an industry rank of 206 out of 255 based on the ratings given to its competitors.

Several research firms have weighed in on VTSI. Zacks Investment Research raised VirTra Systems from a “sell” rating to a “hold” rating in a research report on Saturday, October 19th. Maxim Group reissued a “buy” rating and issued a $5.00 price objective on shares of VirTra Systems in a research report on Thursday, August 15th. TheStreet cut VirTra Systems from a “c” rating to a “d” rating in a research report on Thursday, September 5th. Finally, Lake Street Capital cut their price objective on VirTra Systems from $6.00 to $5.00 and set a “buy” rating on the stock in a research report on Wednesday, August 14th.

Shares of VirTra Systems stock opened at $3.18 on Friday. The stock has a fifty day simple moving average of $2.79 and a 200 day simple moving average of $2.53. VirTra Systems has a 12-month low of $2.00 and a 12-month high of $5.04. The company has a market capitalization of $25.56 million, a P/E ratio of 31.80 and a beta of 0.94. The company has a current ratio of 2.01, a quick ratio of 1.48 and a debt-to-equity ratio of 0.14.

VirTra Systems (NASDAQ:VTSI) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.03). VirTra Systems had a negative return on equity of 18.35% and a negative net margin of 15.97%. The company had revenue of $3.05 million for the quarter, compared to the consensus estimate of $3.65 million. On average, analysts predict that VirTra Systems will post -0.11 EPS for the current year.

An institutional investor recently bought a new position in VirTra Systems stock. River & Mercantile Asset Management LLP acquired a new stake in VirTra Systems Inc. (NASDAQ:VTSI) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 74,851 shares of the company’s stock, valued at approximately $174,000. River & Mercantile Asset Management LLP owned approximately 0.97% of VirTra Systems as of its most recent SEC filing. Institutional investors own 3.50% of the company’s stock.

VirTra Systems Company Profile

VirTra, Inc develops, sells, and supports use of force training and marksmanship firearms training systems and accessories for law enforcement, military, educational, and civilian use worldwide. Its products comprise V-300 simulator, a 300 degree wrap-around screen for simulation training; V-180 simulator, a 180 degree screen for smaller spaces and budgets; V-100, a single-screen based simulator system; V-100 MIL, a single-screen small arms training simulator; V-ST, a realistic single screen simulated shooting range simulator; and Top Subject Mater Expert Content, a content supplied with its simulators.

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