Analysts’ expectations for Virtu Financial Inc (VIRT) stock: $27.71 price target in 12 months

Virtu Financial Inc [VIRT] stock prices are up 0.36% to $37.94 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VIRT shares have gain 3.11% over the last week, with a monthly amount glided 20.23%, and seem to be holding up well over a long-time horizon.

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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.

The stock price of Virtu Financial Inc [VIRT] has been fluctuating between $16.02 and $38.45 over the past year. Currently, Wall Street analysts expect the stock to reach $27.71 within the next 12 months. Virtu Financial Inc [NASDAQ: VIRT] shares were valued at $37.94 at the most recent close of the market. An investor can expect a potential drop of -26.96% based on the average VIRT price forecast.

Analyzing the VIRT fundamentals

The Virtu Financial Inc [NASDAQ:VIRT] reported sales of 2.43B for trailing twelve months, representing a surge of 15.01%. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.15 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.71.

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 37.66 points at the first support level, and at 37.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.23, and for the 2nd resistance point, it is at 38.52.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 2.41, the price to book ratio is 2.66 and price to earnings (TTM) ratio is 19.01.

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.

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