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.
Many analysts weighed in on price targets for VRTS. The most optimistic analyst gave a price target of 141, implying potential capital gains of 24.45 percent. The lowest price target was 110, which equates to a potential downside of -2.91 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 8.85 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -9.12 percent. Meanwhile, fiscal year estimates have been revised upwards by 3.38 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -3.68 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of VRTS to grow at a rate of 13.89 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of VRTS is 1.26.
In the last 52-weeks, VRTS has achieved a high of 128.10 and a low of 81.77. Currently the stock is 38.56 percent higher than its low, 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 market cap of VRTS is $0.81142 billion. VRTS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.