Virco Mfg. Corp (NASDAQ: VIRC) has reported E.P.S. of $0.52 for its third fiscal quarter (ending October 31) versus $0.62 for the same period a year ago — a decline of -16%. For the latest four quarters through October 31, E.P.S. were $1.53 versus $1.74 for the same period a year ago — a decline of -12%.
Recent Price Action
Virco Mfg. Corp (NASDAQ: VIRC) stock suffered a major decline of -17.7% on 12/9/24. The shares closed at $13.42. Moreover, this decline was accompanied by exceptionally high trading volume at 539% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -18.3% during the last week.
Current PriceTarget Research Rating
Virco Mfg has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Virco Mfg has a neutral Appreciation Score of 44 but a good Power Rating of 80, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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