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.
Many analysts weighed in on price targets for VRTU. The highest price target was 40, implying a possible profit of 18.55 percent. The most pessimistic price target was 31, which equates to a potential downside of -8.12 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 3.33 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 -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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -11 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
VRTU has an estimated earnings growth rate of 179.61 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the 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. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 below the 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 stock has a market capitalization of $1.02 billion. VRTU's next earnings release will be on 0000-00-00, which is days away.