VirTra (NASDAQ:VTSI) Releases Earnings Results

VirTra (NASDAQ:VTSI) announced its quarterly earnings data on Monday. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.08), Zacks reports. VirTra had a return on equity of 2.41% and a net margin of 4.15%.

VirTra Price Performance

Shares of VTSI traded up $0.03 during midday trading on Monday, hitting $5.42. 69,758 shares of the company traded hands, compared to its average volume of 79,083. The stock has a market cap of $61.07 million, a price-to-earnings ratio of 54.21 and a beta of 0.64. The firm has a 50 day moving average of $5.74 and a 200-day moving average of $5.87. The company has a debt-to-equity ratio of 0.16, a quick ratio of 3.13 and a current ratio of 4.40. VirTra has a 52 week low of $3.57 and a 52 week high of $8.53.

Hedge Funds Weigh In On VirTra

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in VirTra in the 2nd quarter worth approximately $341,000. Qube Research & Technologies Ltd bought a new position in shares of VirTra during the 2nd quarter valued at approximately $198,000. Marshall Wace LLP purchased a new position in shares of VirTra in the second quarter valued at $868,000. XTX Topco Ltd bought a new stake in VirTra in the second quarter worth $96,000. Finally, NewEdge Advisors LLC increased its position in VirTra by 88.5% in the first quarter. NewEdge Advisors LLC now owns 27,406 shares of the company’s stock worth $112,000 after purchasing an additional 12,864 shares during the last quarter. 14.69% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on VTSI. Wall Street Zen upgraded VirTra from a “hold” rating to a “buy” rating in a research note on Saturday, August 16th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of VirTra in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $7.00.

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.