Equities research analysts expect Victory Capital Holdings Inc (NASDAQ:VCTR) to report earnings of $0.43 per share for the current quarter, according to Zacks. Two analysts have made estimates for Victory Capital’s earnings. The lowest EPS estimate is $0.42 and the highest is $0.44. Victory Capital reported earnings per share of $0.39 in the same quarter last year, which would indicate a positive year over year growth rate of 10.3%. The company is scheduled to report its next quarterly earnings results on Monday, March 25th.

On average, analysts expect that Victory Capital will report full-year earnings of $1.69 per share for the current fiscal year, with EPS estimates ranging from $1.65 to $1.71. For the next financial year, analysts expect that the firm will post earnings of $2.42 per share, with EPS estimates ranging from $1.96 to $2.71. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover Victory Capital.

Victory Capital (NASDAQ:VCTR) last issued its earnings results on Wednesday, November 7th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.03. The company had revenue of $108.08 million during the quarter, compared to analysts’ expectations of $108.36 million. Victory Capital had a return on equity of 27.34% and a net margin of 14.42%.

Several brokerages have issued reports on VCTR. Sandler O’Neill set a $11.00 target price on Victory Capital and gave the company a “hold” rating in a report on Wednesday, August 8th. Royal Bank of Canada restated a “buy” rating and issued a $13.00 target price on shares of Victory Capital in a report on Wednesday, August 8th. Morgan Stanley upped their target price on Victory Capital from $15.00 to $16.00 and gave the company a “buy” rating in a report on Tuesday, October 9th. Zacks Investment Research cut Victory Capital from a “buy” rating to a “hold” rating in a report on Friday, October 19th. Finally, Barclays dropped their target price on Victory Capital from $14.00 to $12.00 and set an “overweight” rating for the company in a report on Wednesday, August 8th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $13.72.

In other Victory Capital news, Director James B. Hawkes purchased 5,300 shares of the firm’s stock in a transaction dated Wednesday, November 21st. The shares were acquired at an average price of $12.00 per share, with a total value of $63,600.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Institutional investors have recently made changes to their positions in the company. Acadian Asset Management LLC acquired a new position in shares of Victory Capital in the 3rd quarter valued at $117,000. Bank of Montreal Can acquired a new position in shares of Victory Capital in the 3rd quarter valued at $128,000. Trexquant Investment LP acquired a new position in shares of Victory Capital in the 3rd quarter valued at $179,000. First Trust Advisors LP acquired a new position in shares of Victory Capital in the 3rd quarter valued at $187,000. Finally, BlackRock Inc. acquired a new position in shares of Victory Capital in the 1st quarter valued at $285,000. 15.77% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ:VCTR traded down $0.54 during trading hours on Friday, hitting $11.08. The company had a trading volume of 2,401 shares, compared to its average volume of 317,482. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.61. The stock has a market cap of $787.18 million and a P/E ratio of 8.85. Victory Capital has a 1 year low of $7.27 and a 1 year high of $13.50.

About Victory Capital

Victory Capital Holdings, Inc, together with its subsidiaries, operates as an independent investment management company in the United States. It offers investment advisory, fund administration, and distribution services through broker-dealers, retirement platforms, and registered investment advisor networks.

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