Virtu Financial Inc. [NASDAQ: VIRT] gained 2.01% or 0.46 points to close at $23.32 with a heavy trading volume of 1545883 shares. It opened the trading session at $22.72, the shares rose to $23.51 and dropped to $22.54, the range by which the price of stock traded the whole day. The daily chart for VIRT points out that the company has recorded 44.67% gains over the past six months. However, it is still -56.09% lower than its most recent low trading price.
If we look at the average trading volume of 1.47M shares, VIRT reached to a volume of 1545883 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Virtu Financial Inc. [VIRT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VIRT shares is $26.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VIRT stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Compass Point have made an estimate for Virtu Financial Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 02, 2020. The new note on the price target was released on January 06, 2020, representing the official price target for Virtu Financial Inc. stock. Previously, the target price had yet another drop from $21 to $17, while UBS kept a Neutral rating on VIRT stock.
The Average True Range (ATR) for Virtu Financial Inc. is set at 1.05, with the Price to Sales ratio for VIRT stock in the period of the last 12 months amounting to 2.07. The Price to Book ratio for the last quarter was 2.51, with the Price to Cash per share for the same quarter was set at 3.69. Price to Free Cash Flow for VIRT in the course of the last twelve months was 154.96.
Trading performance analysis for VIRT stock
Virtu Financial Inc. [VIRT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.35. With this latest performance, VIRT shares gained by 3.14% in over the last four-week period, additionally plugging by 44.67% over the last 6 months – not to mention a rise of 8.16% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VIRT stock in for the last two-week period is set at 52.83, with the RSI for the last a single of trading hit 55.11, and the three-weeks RSI is set at 52.11 for Virtu Financial Inc. [VIRT]. The present Moving Average for the last 50 days of trading for this stock 23.45, while it was recorded at 23.20 for the last single week of trading, and 19.22 for the last 200 days.
Virtu Financial Inc. [VIRT]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Virtu Financial Inc. [VIRT] shares currently have an operating margin of -3.89 and a Gross Margin at +28.02. Virtu Financial Inc.’s Net Margin is presently recorded at -4.75.
Return on Total Capital for VIRT is now -1.49, given the latest momentum, and Return on Invested Capital for the company is -2.37. Return on Equity for this stock declined to -6.10, with Return on Assets sitting at -0.71. When it comes to the capital structure of this company, Virtu Financial Inc. [VIRT] has a Total Debt to Total Equity ratio set at 291.06. Additionally, VIRT Total Debt to Total Capital is recorded at 74.43, with Total Debt to Total Assets ending up at 28.21. Long-Term Debt to Equity for the company is recorded at 237.24, with the Long-Term Debt to Total Capital now at 60.67.
Reflecting on the efficiency of the workforce at the company, Virtu Financial Inc. [VIRT] managed to generate an average of -$59,803 per employee. Receivables Turnover for the company is 0.98 with a Total Asset Turnover recorded at a value of 0.15.
Virtu Financial Inc. [VIRT]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Virtu Financial Inc. posted 0.16/share EPS, while the average EPS was predicted by analysts to be reported at 0.27/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -40.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VIRT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Virtu Financial Inc. go to -2.71%.
An analysis of insider ownership at Virtu Financial Inc. [VIRT]
There are presently around $2,759 million, in the hands of institutional investors. The top three institutional holders of VIRT stocks are: ORDINAL HOLDINGS MANAGECO, LP with ownership of 40,064,103, which is approximately 0% of the company’s market cap and around 0.30% of the total institutional ownership; TEMASEK HOLDINGS (PRIVATE) LTD, holding 16,880,503 shares of the stock with an approximate value of $385.89 million in VIRT stocks shares; and FMR LLC, currently with $239.41 million in VIRT stock with ownership of nearly 26.452% of the company’s market capitalization.
Positions in Virtu Financial Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 111 institutional holders increased their position in Virtu Financial Inc. [NASDAQ:VIRT] by around 7,894,659 shares. Additionally, 102 investors decreased positions by around 13,661,698 shares, while 16 investors held positions by with 99,122,101 shares. The mentioned changes placed institutional holdings at 120,678,458 shares, according to the latest SEC report filing. VIRT stock had 48 new institutional investments in for a total of 3,175,221 shares, while 44 institutional investors sold positions of 4,565,099 shares during the same period.