VirTra (NASDAQ:VTSI) PT Lowered to $10.00 at Lake Street Capital

VirTra (NASDAQ:VTSI) had its price objective decreased by Lake Street Capital from $16.00 to $10.00 in a report issued on Tuesday morning, Benzinga reports. Lake Street Capital currently has a buy rating on the stock.

Separately, Roth Mkm reaffirmed a buy rating and issued a $19.00 price objective on shares of VirTra in a report on Wednesday, May 15th.

VirTra Stock Up 1.5 %

VTSI stock opened at $7.24 on Tuesday. VirTra has a twelve month low of $4.20 and a twelve month high of $17.68. The company has a current ratio of 3.31, a quick ratio of 2.46 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $80.44 million, a P/E ratio of 12.07, a PEG ratio of 1.08 and a beta of 0.66. The firm has a 50 day simple moving average of $7.99 and a 200-day simple moving average of $10.30.

VirTra (NASDAQ:VTSI) last released its quarterly earnings results on Tuesday, May 14th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.07). The company had revenue of $8.09 million for the quarter, compared to analyst estimates of $10.03 million. VirTra had a return on equity of 16.25% and a net margin of 18.48%. During the same period in the previous year, the business posted $0.27 EPS. On average, equities research analysts predict that VirTra will post 0.71 earnings per share for the current fiscal year.

Institutional Investors Weigh In On VirTra

A number of hedge funds have recently added to or reduced their stakes in VTSI. Rhumbline Advisers bought a new stake in VirTra in the second quarter valued at $81,000. Jump Financial LLC bought a new stake in VirTra in the fourth quarter valued at $104,000. Hillsdale Investment Management Inc. bought a new stake in VirTra in the fourth quarter valued at $167,000. XTX Topco Ltd lifted its stake in VirTra by 138.0% in the second quarter. XTX Topco Ltd now owns 24,877 shares of the company’s stock valued at $191,000 after buying an additional 14,424 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in VirTra by 22.7% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 20,791 shares of the company’s stock valued at $197,000 after buying an additional 3,841 shares during the last quarter. 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.