Virco Manufacturing (VIRC) Receiving Favorable News Coverage, Analysis Shows
Media coverage about Virco Manufacturing (NASDAQ:VIRC) has trended positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Virco Manufacturing earned a news sentiment score of 0.31 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 47.106308618202 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Several research analysts have recently weighed in on VIRC shares. Zacks Investment Research cut shares of Virco Manufacturing from a “hold” rating to a “sell” rating in a report on Wednesday, September 27th. ValuEngine lowered shares of Virco Manufacturing from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Finally, Wedbush restated an “ourperform” rating and issued a $6.00 price objective on shares of Virco Manufacturing in a report on Friday, September 15th.
Shares of Virco Manufacturing (NASDAQ:VIRC) opened at $5.70 on Thursday. The company has a quick ratio of 0.70, a current ratio of 1.48 and a debt-to-equity ratio of 0.10. Virco Manufacturing has a 1-year low of $3.55 and a 1-year high of $6.05. The company has a market cap of $88.31, a PE ratio of 22.11 and a beta of -0.02.
Virco Manufacturing (NASDAQ:VIRC) last announced its earnings results on Thursday, September 14th. The company reported $0.33 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.01). The business had revenue of $72.64 million for the quarter, compared to the consensus estimate of $69.33 million. Virco Manufacturing had a net margin of 11.67% and a return on equity of 6.68%. equities analysts anticipate that Virco Manufacturing will post 0.43 EPS for the current fiscal year.
About Virco Manufacturing
Virco Mfg. Corporation (Virco) is engaged in the designing, producing and distributing of furniture for a range family of customers. The Company is a manufacturer and supplier of moveable educational furniture and equipment for the preschool through 12th grade market in the United States. It manufactures an assortment of products, including mobile tables, mobile storage equipment, desks, computer furniture, chairs, folding chairs and folding tables.
Receive News & Ratings for Virco Manufacturing Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virco Manufacturing Corporation and related companies with MarketBeat.com's FREE daily email newsletter.