Virco Manufacturing Stock Net Income

VIRC Stock  USD 11.02  0.07  0.64%   
Virco Manufacturing fundamentals help investors to digest information that contributes to Virco Manufacturing's financial success or failures. It also enables traders to predict the movement of Virco Stock. The fundamental analysis module provides a way to measure Virco Manufacturing's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Virco Manufacturing stock.
Last ReportedProjected for Next Year
Net Income19.7 M20.7 M
Net Income Applicable To Common Shares14.9 M15.6 M
Net Income From Continuing Ops25.2 M26.5 M
Net Income Per Share 1.55  1.62 
Net Income Per E B T 0.67  0.78 
The current year's Net Income is expected to grow to about 20.7 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 15.6 M.
  
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Virco Manufacturing Company Net Income Analysis

Virco Manufacturing's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Virco Manufacturing Net Income

    
  21.91 M  
Most of Virco Manufacturing's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Virco Manufacturing is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Virco Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Virco Manufacturing is extremely important. It helps to project a fair market value of Virco Stock properly, considering its historical fundamentals such as Net Income. Since Virco Manufacturing's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Virco Manufacturing's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Virco Manufacturing's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Virco Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(1.58 Million)

At present, Virco Manufacturing's Accumulated Other Comprehensive Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Virco Manufacturing reported net income of 21.91 M. This is 95.71% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The net income for all United States stocks is 96.16% higher than that of the company.

Virco Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Virco Manufacturing's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Virco Manufacturing could also be used in its relative valuation, which is a method of valuing Virco Manufacturing by comparing valuation metrics of similar companies.
Virco Manufacturing is currently under evaluation in net income category among its peers.

Virco Manufacturing ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Virco Manufacturing's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Virco Manufacturing's managers, analysts, and investors.
Environmental
Governance
Social

Virco Manufacturing Institutional Holders

Institutional Holdings refers to the ownership stake in Virco Manufacturing that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Virco Manufacturing's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Virco Manufacturing's value.
Shares
Nuveen Asset Management, Llc2024-09-30
117.4 K
Davidson D A & Co2024-09-30
102.9 K
Qube Research & Technologies2024-09-30
98.6 K
Comprehensive Portfolio Management, Llc2024-09-30
97.5 K
Lsv Asset Management2024-09-30
97.3 K
Northern Trust Corp2024-09-30
92.8 K
Janney Montgomery Scott Llc2024-09-30
83.5 K
Ameriprise Financial Inc2024-09-30
74 K
Los Angeles Capital Management Llc2024-09-30
73.4 K
Minerva Advisors Llc2024-09-30
1.1 M
Vanguard Group Inc2024-09-30
691.3 K

Virco Fundamentals

About Virco Manufacturing Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Virco Manufacturing's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Virco Manufacturing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Virco Manufacturing based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Virco Manufacturing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Virco Manufacturing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virco Manufacturing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virco Manufacturing Stock:
Check out Virco Manufacturing Piotroski F Score and Virco Manufacturing Altman Z Score analysis.
For information on how to trade Virco Stock refer to our How to Trade Virco Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Virco Manufacturing. If investors know Virco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Virco Manufacturing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.093
Earnings Share
1.52
Revenue Per Share
17.273
Quarterly Revenue Growth
0.01
Return On Assets
0.1067
The market value of Virco Manufacturing is measured differently than its book value, which is the value of Virco that is recorded on the company's balance sheet. Investors also form their own opinion of Virco Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Virco Manufacturing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Virco Manufacturing's market value can be influenced by many factors that don't directly affect Virco Manufacturing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Virco Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virco Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virco Manufacturing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.