Virtu Financial Inc (VIRT) stock price forecast predicts $25.2 value

At the time of writing, Virtu Financial Inc [VIRT] stock is trading at $32.37, up 0.03%. An important factor to consider is whether the stock is rising or falling in short-term value. The VIRT shares have gain 5.17% over the last week, with a monthly amount glided 9.28%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Virtu Financial Inc [NASDAQ: VIRT] stock has seen the most recent analyst activity on November 28, 2023, when BofA Securities initiated its Buy rating and assigned the stock a price target of $20. Previously, Citigroup upgraded its rating to Buy on September 14, 2023, and kept the price target unchanged to $20. On April 11, 2023, upgrade upgraded it’s rating to Equal-Weight and revised its price target to $21 on the stock. Citigroup downgraded its rating to a Neutral but stick to its price target of $22.50 on January 12, 2023. Citigroup initiated its recommendation with a Buy and recommended $26 as its price target on October 12, 2022. Morgan Stanley downgraded its rating to Underweight for this stock on January 11, 2021. In a note dated November 09, 2020, Rosenblatt upgraded an Buy rating on this stock but restated the target price of $28.

For the past year, the stock price of Virtu Financial Inc fluctuated between $16.02 and $32.88. Currently, Wall Street analysts expect the stock to reach $25.2 within the next 12 months. Virtu Financial Inc [NASDAQ: VIRT] shares were valued at $32.37 at the most recent close of the market. An investor can expect a potential drop of -22.15% based on the average VIRT price forecast.

Analyzing the VIRT fundamentals

According to Virtu Financial Inc [NASDAQ:VIRT], the company’s sales were 2.35B for trailing twelve months, which represents an 27.55% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.15 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.41.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.95 points at the first support level, and at 31.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.68, and for the 2nd resistance point, it is at 33.00.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.20, the price to book ratio is 2.30 and price to earnings (TTM) ratio is 16.34.

Transactions by insiders

Recent insider trading involved Gambale Virginia, Director, that happened on Aug 05 ’24 when 5400.0 shares were sold. Director, Gambale Virginia completed a deal on Aug 05 ’24 to buy 5400.0 shares. Meanwhile, Chief Executive Officer Cifu Douglas A bought 50000.0 shares on Feb 07 ’24.

Related Posts