Virco Manufacturing Stock Today

VIRC Stock  USD 15.83  0.28  1.74%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 2

 
High
 
Low
Very Low
Virco Manufacturing is trading at 15.83 as of the 24th of November 2024, a 1.74% down since the beginning of the trading day. The stock's open price was 16.11. Virco Manufacturing has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Virco Manufacturing are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
17th of March 1992
Category
Consumer Cyclical
Classification
Industrials
Corporation engages in the design, production, and distribution of furniture in the United States. The company was incorporated in 1950 and is headquartered in Torrance, California. Virco MFG operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. The company has 16.29 M outstanding shares of which 1.6 M shares are at this time shorted by private and institutional investors with about 9.79 trading days to cover. More on Virco Manufacturing

Moving against Virco Stock

  0.51GP GreenPower MotorPairCorr
  0.48W WayfairPairCorr
  0.33PFMT Performant FinancialPairCorr

Virco Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman of The Board and CEORobert Virtue
Thematic Ideas
(View all Themes)
Business ConcentrationCommercial Services & Supplies, Commercial & Professional Services, Consumer Cyclical, NASDAQ Composite, NASDAQ Composite Total, Office Supplies, Business Supplies, Industrials, Commercial Services & Supplies, Furnishings, Fixtures & Appliances, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.971.8377
Notably Up
Slightly volatile
Gross Profit Margin0.260.4313
Way Down
Pretty Stable
Net Debt6.3 M6.7 M
Notably Down
Pretty Stable
Total Current Liabilities31.3 M38.5 M
Significantly Down
Slightly volatile
Non Current Liabilities Total15.9 M16.7 M
Notably Down
Very volatile
Total Assets128.2 M146.4 M
Fairly Down
Slightly volatile
Total Current Assets50.6 M89 M
Way Down
Slightly volatile
Debt Levels
Virco Manufacturing can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Virco Manufacturing's financial leverage. It provides some insight into what part of Virco Manufacturing's total assets is financed by creditors.
Liquidity
Virco Manufacturing currently holds 11.96 M in liabilities with Debt to Equity (D/E) ratio of 0.98, which is about average as compared to similar companies. Virco Manufacturing has a current ratio of 1.5, which is within standard range for the sector. Note, when we think about Virco Manufacturing's use of debt, we should always consider it together with its cash and equity.

Change In Cash

4.44 Million
Virco Manufacturing (VIRC) is traded on NASDAQ Exchange in USA. It is located in 2027 Harpers Way, Torrance, CA, United States, 90501 and employs 776 people. Virco Manufacturing is listed under Commercial Services & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 257.86 M. Virco Manufacturing conducts business under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 16.29 M outstanding shares of which 1.6 M shares are at this time shorted by private and institutional investors with about 9.79 trading days to cover. Virco Manufacturing currently holds about 2.18 M in cash with 26.96 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.
Check Virco Manufacturing Probability Of Bankruptcy
Ownership Allocation
Virco Manufacturing shows a total of 16.29 Million outstanding shares. Over half of Virco Manufacturing's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Virco Ownership Details

Virco Stock Institutional Holders

InstituionRecorded OnShares
Davidson D A & Co2024-06-30
133.7 K
Comprehensive Portfolio Management, Llc2024-09-30
97.5 K
Lsv Asset Management2024-09-30
97.3 K
Morgan Stanley - Brokerage Accounts2024-06-30
96.3 K
Northern Trust Corp2024-09-30
92.8 K
Janney Montgomery Scott Llc2024-09-30
83.5 K
Ameriprise Financial Inc2024-06-30
74 K
Los Angeles Capital Management Llc2024-09-30
73.4 K
Winton Capital Group Ltd2024-09-30
73.1 K
Minerva Advisors Llc2024-09-30
1.1 M
Vanguard Group Inc2024-09-30
691.3 K
View Virco Manufacturing Diagnostics

Virco Manufacturing Historical Income Statement

At present, Virco Manufacturing's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 32.4 M, whereas Total Revenue is forecasted to decline to about 163.6 M. View More Fundamentals

Virco Stock Against Markets

Virco Manufacturing Corporate Management

Bassey YauPrincipal Accounting Officer, VP of Accounting, Corporate Controller, Assistant Secretary and Assistant TreasurerProfile
Patricia QuinonesVP of Logistics Marketing Services and Information TechnologyProfile
Robert DosePrincipal Financial Officer, VP of Fin., Treasurer and SecretaryProfile
Robert HupeGeneral CounselProfile
James IIVP OfficerProfile
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 World Market Map to better understand how to build diversified portfolios, which includes a position in Virco Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Virco Stock refer to our How to Trade Virco Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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
Dividend Share
0.06
Earnings Share
1.63
Revenue Per Share
17.273
Quarterly Revenue Growth
0.01
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.