Virtu Financial Inc. [VIRT] Stock trading around $25.99 per share: What’s Next?

Virtu Financial Inc. [NASDAQ: VIRT] stock went on a downward path that fall over -0.65% on Thursday, amounting to a one-week price increase of more than 5.01%. The company report on August 14, 2020 that Virtu Prepays $100 Million of Term Loan.

Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, announced today that it completed prepayments totaling $100 million in principal on its first lien senior secured term loan facility (“Term Loan”), which matures in March 2026.

The $100 million prepayment reduces the total balance of the Term Loan to $1.636 billion, bringing the total year to date prepayments to $288 million and cumulative prepayments since the Company’s acquisition of Investment Technology Group, Inc. in March 2019 to $388 million. .

Over the last 12 months, VIRT stock rose by 44.47%. The one-year Virtu Financial Inc. stock forecast points to a potential upside of 3.56. The average equity rating for VIRT stock is currently 2.40, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $4.97 billion, with 121.53 million shares outstanding and 88.86 million shares in the current float. Compared to the average trading volume of 1.46M shares, VIRT stock reached a trading volume of 1102586 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $26.95 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 0.70, with the Price to Sales ratio for VIRT stock in the period of the last 12 months amounting to 1.85. The Price to Book ratio for the last quarter was 2.44, with the Price to Cash per share for the same quarter was set at 3.50. Price to Free Cash Flow for VIRT in the course of the last twelve months was 5.48.

VIRT Stock Performance Analysis:

Virtu Financial Inc. [VIRT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.01. With this latest performance, VIRT shares gained by 3.96% in over the last four-week period, additionally plugging by 38.17% over the last 6 months – not to mention a rise of 44.47% 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 63.10, with the RSI for the last a single of trading hit 67.87, and the three-weeks RSI is set at 59.11 for Virtu Financial Inc. [VIRT]. The present Moving Average for the last 50 days of trading for this stock 24.53, while it was recorded at 25.67 for the last single week of trading, and 20.96 for the last 200 days.

Insight into Virtu Financial Inc. Fundamentals:

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.

VIRT Stock EPS

With the latest financial reports released by the company, Virtu Financial Inc. posted 0.21/share EPS, while the average EPS was predicted by analysts to be reported at 0.23/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -8.70%. 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%.

Virtu Financial Inc. [VIRT] Insider Position Details

There are presently around $3,044 million, or 98.00% of VIRT stock, in the hands of institutional investors. The top three institutional holders of VIRT stocks are: ORDINAL HOLDINGS MANAGECO, LP with ownership of 21,395,041, which is approximately -46.598% of the company’s market cap and around 10.10% of the total institutional ownership; PUBLIC SECTOR PENSION INVESTMENT BOARD, holding 11,669,062 shares of the stock with an approximate value of $303.28 million in VIRT stocks shares; and TEMASEK HOLDINGS (PRIVATE) LTD, currently with $295.78 million in VIRT stock with ownership of nearly -32.582% of the company’s market capitalization.

Positions in Virtu Financial Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 154 institutional holders increased their position in Virtu Financial Inc. [NASDAQ:VIRT] by around 28,436,147 shares. Additionally, 87 investors decreased positions by around 31,915,046 shares, while 23 investors held positions by with 56,751,863 shares. The mentioned changes placed institutional holdings at 117,103,056 shares, according to the latest SEC report filing. VIRT stock had 79 new institutional investments in for a total of 18,273,895 shares, while 20 institutional investors sold positions of 1,769,442 shares during the same period.

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