VirTra (NASDAQ:VTSI) Raised to “Buy” at Wall Street Zen

VirTra (NASDAQ:VTSI) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

VirTra Trading Up 2.9%

Shares of VTSI opened at $5.38 on Friday. The firm has a 50 day moving average price of $6.41 and a 200-day moving average price of $5.65. VirTra has a fifty-two week low of $3.57 and a fifty-two week high of $8.53. The company has a debt-to-equity ratio of 0.16, a quick ratio of 3.03 and a current ratio of 4.40. The firm has a market cap of $60.58 million, a price-to-earnings ratio of 53.81 and a beta of 0.53.

VirTra (NASDAQ:VTSI) last posted its quarterly earnings results on Monday, August 11th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). VirTra had a net margin of 4.15% and a return on equity of 2.41%. The firm had revenue of $6.98 million for the quarter, compared to the consensus estimate of $6.34 million. As a group, equities research analysts forecast that VirTra will post 0.34 earnings per share for the current year.

Institutional Investors Weigh In On VirTra

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VTSI. Geode Capital Management LLC raised its holdings in VirTra by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 242,173 shares of the company’s stock valued at $1,635,000 after buying an additional 4,969 shares during the last quarter. Wells Fargo & Company MN raised its holdings in VirTra by 74.8% during the 4th quarter. Wells Fargo & Company MN now owns 5,692 shares of the company’s stock valued at $38,000 after buying an additional 2,436 shares during the last quarter. Raymond James Financial Inc. bought a new stake in VirTra during the 4th quarter valued at $121,000. Barclays PLC raised its holdings in VirTra by 15.0% during the 4th quarter. Barclays PLC now owns 17,275 shares of the company’s stock valued at $117,000 after buying an additional 2,247 shares during the last quarter. Finally, NewEdge Advisors LLC bought a new stake in VirTra during the 4th quarter valued at $98,000. 14.69% of the stock is currently owned by institutional investors.

VirTra Company Profile

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.