For its third fiscal quarter (ending September 30), VIRTU FINANCIAL INC (NASDAQ: VIRT) has reported a 3% increase in E.P.S. from $0.63 a year ago to $0.65 in the current quarter. E.P.S. were $2.00 for the latest four quarters through September 30 versus $1.63 for the same period a year ago — an increase of 23%.
Recent Price Action
On 10/24/24, VIRTU FINANCIAL INC (NASDAQ: VIRT) stock declined by -4.6%, closing at $30.86. Moreover, trading volume in this decline was unusually high at 164% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -7.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, VIRT is expected to continue to be an important Value Builder.
VIRTU FINANCIAL INC has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. VIRTU FINANCIAL INC has a good Appreciation Score of 72 and a very high Power Rating of 94, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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