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 most optimistic analyst gave a price target of 141, implying a possible profit of 24.45 percent. The lowest price target was 110, implying potential capital losses of -2.91 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Meanwhile, fiscal year estimates have been revised upwards by 3.38 percent, compared to last month. 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. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
The growth rate of VRTS's earnings is estimated by analysts to be 13.89 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Today's price is 38.56 percent above the 52-week 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's next earnings release will be on 0000-00-00, which is days away.