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, which equates to a potential upside of 24.45 percent. The minimum price target given was 110, implying a possible loss of -2.91 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
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. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
VRTS has an estimated earnings growth rate of 13.89 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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. Today's price is 38.56 percent above the 52-week low, and below the high by 11.55 percent. VRTS has a price/earnings 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.