Virco Mfg. (VIRC) Earns Daily Media Impact Score of 0.04
News stories about Virco Mfg. (NASDAQ:VIRC) have trended somewhat positive on Monday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Virco Mfg. earned a coverage optimism score of 0.04 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 48.7545418997544 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- ETFs with exposure to Virco Manufacturing Corp. : December 20, 2017 (finance.yahoo.com)
- FY2018 EPS Estimates for Virco Mfg. Co. (VIRC) Reduced by Wedbush (americanbankingnews.com)
- Zacks Investment Research Downgrades Virco Mfg. (VIRC) to Strong Sell (americanbankingnews.com)
- FY2019 EPS Estimates for Virco Mfg. Co. Lowered by Analyst (VIRC) (americanbankingnews.com)
- Analysts Expect Virco Mfg. Co. (VIRC) to Announce ($0.06) Earnings Per Share (americanbankingnews.com)
VIRC has been the topic of several research analyst reports. Zacks Investment Research lowered shares of Virco Mfg. from a “hold” rating to a “sell” rating in a research report on Wednesday, September 27th. ValuEngine lowered shares of Virco Mfg. from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, Wedbush reaffirmed an “ourperform” rating and set a $6.00 price target on shares of Virco Mfg. in a research report on Friday, September 15th.
Virco Mfg. (NASDAQ:VIRC) opened at $4.90 on Monday. Virco Mfg. has a 1 year low of $3.55 and a 1 year high of $6.05. The company has a market cap of $75.25, a PE ratio of 245.00 and a beta of -0.04. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.70 and a current ratio of 2.17.
Virco Mfg. (NASDAQ:VIRC) last released its quarterly earnings results on Thursday, December 14th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.14). Virco Mfg. had a return on equity of 0.58% and a net margin of 0.19%. The business had revenue of $68.79 million for the quarter, compared to the consensus estimate of $75.90 million. analysts anticipate that Virco Mfg. will post 0.29 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 10th. Investors of record on Thursday, December 28th will be given a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Wednesday, December 27th.
About Virco Mfg.
Virco Mfg. Corporation (Virco) is engaged in the designing, producing and distributing of furniture for a range family of customers. The Company is a manufacturer and supplier of moveable educational furniture and equipment for the preschool through 12th grade market in the United States. It manufactures an assortment of products, including mobile tables, mobile storage equipment, desks, computer furniture, chairs, folding chairs and folding tables.
Receive News & Ratings for Virco Mfg. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virco Mfg. and related companies with Analyst Ratings Network's FREE daily email newsletter.