VirTra (NASDAQ:VTSI) Earns “Buy” Rating from Roth Capital

VirTra (NASDAQ:VTSI)‘s stock had its “buy” rating reissued by analysts at Roth Capital in a research note issued on Friday, Benzinga reports. They presently have a $7.50 target price on the stock. Roth Capital‘s price objective would indicate a potential upside of 108.86% from the company’s current price.

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of VirTra in a report on Monday, September 21st. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $6.25.

VirTra Price Performance

VTSI opened at $3.59 on Friday. The firm has a 50-day moving average price of $2.76 and a 200-day moving average price of $3.50. VirTra has a twelve month low of $2.42 and a twelve month high of $5.44. The company has a quick ratio of 2.44, a current ratio of 3.89 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $40.65 million, a price-to-earnings ratio of -14.00 and a beta of 1.00.

VirTra (NASDAQ:VTSI) last announced its quarterly earnings results on Thursday, November 12th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.25. The company had revenue of $7.62 million for the quarter, compared to analysts’ expectations of $4.39 million. VirTra had a negative net margin of 17.04% and a negative return on equity of 6.59%. Equities analysts expect that VirTra will post -0.14 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in VirTra stock. Dimensional Fund Advisors LP grew its stake in shares of VirTra, Inc. (NASDAQ:VTSI) by 2.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 331,462 shares of the company’s stock after buying an additional 7,408 shares during the period. Dimensional Fund Advisors LP owned 2.93% of VirTra worth $1,230,000 at the end of the most recent reporting period. 14.69% of the stock is owned by institutional investors and hedge funds.

About VirTra

VirTra, Inc. develops and provides immersive training systems designed to help law enforcement, military, government, and commercial organizations prepare for high-stakes interactions. Its technology focuses on firearms proficiency, judgment and decision-making, de-escalation, communication, and use-of-force training through interactive video-based scenarios. The company’s product portfolio includes multi-screen and single-screen simulator platforms, firearms training systems, scenario-based software, and related weapons, accessories, and training content.