Analyst Ratings for Virtus Investment Partners Inc. (VRTS)Updated: 2017-07-28
An average rating of Hold has been given to Virtus Investment Partners Inc. (NASDAQ:VRTS) by analysts covering the stock. A consensus rating of Hold was previously issued for VRTS last month.
Of the 6 analysts covering the stock, 0 gave it a buy rating, 0 issued an overweight rating, 4 issued a hold rating, 1 issued an underweight rating, and 1 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for VRTS. The maximum price target given was 141, implying potential capital gains of 24.45 percent. The most pessimistic price target was 110, implying potential capital losses of -2.91 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 8.85 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -9.12 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 3.38 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.68 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
VRTS has an estimated earnings growth rate of 13.89 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. VRTS has a PEG ratio of 1.26.
In the last 52-weeks, VRTS has achieved a high of 128.10 and a low of 81.77. The current market price is above the trailing year's low by 38.56 percent, and 11.55 percent lower than its 52-week high. VRTS has a P/E ratio of 17.55. Investors typically compare the P/E ratio to a company's peers in the industry. The VRTS value stock report compares VRTS to some of its peers using value stock charts. The stock has a market capitalization of $0.81142 billion. VRTS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.