VIRTU FINANCIAL INC (NASDAQ: VIRT) has reported E.P.S. of $0.05 for its fourth fiscal quarter (ending December 31) versus $0.27 for the same period a year ago — a decline of -81%. This result fell short of the consensus estimate of $0.47 by $-0.42. E.P.S. were $1.42 for the latest four quarters through December 31 versus $2.45 for the same period a year ago — a decline of -42%.
Recent Price Action
VIRTU FINANCIAL INC (NASDAQ: VIRT) stock suffered a large decline of -9.1% on 1/25/24. The stock closed at $17.46. Moreover, exceptionally high trading volume at 340% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -7.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, VIRT is expected to continue to be an important Value Builder.
VIRTU FINANCIAL INC has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. VIRTU FINANCIAL INC has a slightly positive Power Rating of 68 and a good Appreciation Score of 81, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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