VirTra (NASDAQ:VTSI) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of VirTra (NASDAQ:VTSI) from a buy rating to a hold rating in a research note issued to investors on Saturday.

A number of other research firms also recently commented on VTSI. Weiss Ratings reiterated a “sell (d+)” rating on shares of VirTra in a research note on Wednesday, October 8th. Zacks Research downgraded VirTra from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 12th. One investment analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, VirTra currently has a consensus rating of “Reduce” and an average target price of $7.00.

VirTra Stock Up 2.5%

VTSI stock opened at $4.97 on Friday. The company has a current ratio of 4.40, a quick ratio of 3.13 and a debt-to-equity ratio of 0.16. The firm has a 50 day simple moving average of $5.64 and a 200-day simple moving average of $5.90. The company has a market capitalization of $56.17 million, a P/E ratio of 49.70 and a beta of 0.64. VirTra has a twelve month low of $3.57 and a twelve month high of $8.20.

VirTra (NASDAQ:VTSI) last posted its quarterly earnings data on Monday, November 10th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.08). The company had revenue of $5.35 million for the quarter, compared to the consensus estimate of $6.99 million. VirTra had a net margin of 4.15% and a return on equity of 2.41%. On average, equities research analysts predict that VirTra will post 0.34 earnings per share for the current fiscal year.

Hedge Funds Weigh In On VirTra

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its position in shares of VirTra by 0.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 321,081 shares of the company’s stock worth $1,689,000 after purchasing an additional 2,195 shares during the period. Marshall Wace LLP acquired a new position in VirTra during the 2nd quarter valued at approximately $868,000. Squarepoint Ops LLC bought a new position in VirTra during the 3rd quarter worth $284,000. Jane Street Group LLC acquired a new stake in VirTra in the second quarter worth $341,000. Finally, ARS Investment Partners LLC increased its position in VirTra by 23.9% in the third quarter. ARS Investment Partners LLC now owns 47,957 shares of the company’s stock worth $252,000 after buying an additional 9,240 shares during the period. 14.69% of the stock is currently owned by institutional investors and hedge funds.

About VirTra

VirTra, Inc provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations.