Analyst Ratings for Virtusa Corp. (VRTU)Updated: 2017-07-28
Analysts covering Virtusa Corp. (NASDAQ:VRTU) have given it a consensus rating of Buy. A consensus rating of Buy was previously issued for VRTU last month.
9 analysts issued ratings on the stock, where 8 gave VRTU a buy rating, 0 issued an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for VRTU. The most optimistic analyst gave a price target of 40, implying potential capital gains of 18.55 percent. The most pessimistic analyst gave a price target of 31, implying potential capital losses of -8.12 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.33 percent. The average change in earnings estimates over the last 90 days is -25.06 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.79 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -11 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
VRTU has an estimated earnings growth rate of 179.61 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, though it could be better to see where the ratio stands relative to peers in the industry. VRTU has a PEG ratio of 0.48.
In the trailing 52-weeks, VRTU hit 34.92 at the highest peak, while it's lowest trading point was 18.03. Today's price is 87.13 percent above the 52-week low, and 3.38 percent lower than its 52-week high. VRTU has a P/E ratio of 86.51. Investors typically compare the P/E ratio to a company's peers in the industry. The VRTU value stock report compares VRTU to some of its peers using value stock charts. The market cap of VRTU is $1.02 billion. VRTU is estimated to release their earnings results for the quarter on 0000-00-00, days from today.