Alert: Negative Fundamental Signals (3/1/24)-VIRTU FINANCIAL INC (NASDAQ: VIRT)

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Recent extremely meaningful negative changes in fundamentals have impacted VIRTU FINANCIAL INC (NASDAQ: VIRT): the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

VIRT’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

VIRTU FINANCIAL INC has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. VIRTU FINANCIAL INC has a very high Appreciation Score of 88 but a neutral Power Rating of 47, and the Positive Value Trend Rating results.

Recent Price Action

On 3/1/24, VIRTU FINANCIAL INC (NASDAQ: VIRT) stock enjoyed a large increase of 2.9%, closing at $18.57. Moreover, this advance was accompanied by above average trading volume at 148% of normal. The stock has performed in line with the market over the last nine months and has risen 10.3% during the last week.

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