Virco Mfg. Co. (NASDAQ:VIRC – Free Report) – Wedbush reduced their FY2025 earnings per share (EPS) estimates for shares of Virco Mfg. in a research note issued on Monday, December 9th. Wedbush analyst J. Mccanless now anticipates that the company will post earnings of $1.54 per share for the year, down from their previous estimate of $1.93. Wedbush has a “Outperform” rating and a $17.00 price objective on the stock. The consensus estimate for Virco Mfg.’s current full-year earnings is $1.93 per share. Wedbush also issued estimates for Virco Mfg.’s Q4 2025 earnings at ($0.15) EPS, Q1 2026 earnings at ($0.13) EPS, Q3 2026 earnings at $0.56 EPS, Q4 2026 earnings at ($0.12) EPS and FY2026 earnings at $1.31 EPS.
Virco Mfg. (NASDAQ:VIRC – Get Free Report) last released its quarterly earnings data on Monday, December 9th. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.35). Virco Mfg. had a net margin of 9.50% and a return on equity of 27.88%. During the same period in the prior year, the company posted $0.62 earnings per share.
Check Out Our Latest Stock Report on VIRC
Virco Mfg. Stock Performance
Shares of VIRC stock opened at $11.62 on Thursday. The stock has a 50-day moving average of $14.87 and a 200-day moving average of $14.84. Virco Mfg. has a one year low of $8.75 and a one year high of $18.50. The stock has a market cap of $189.28 million, a PE ratio of 7.50 and a beta of 0.68. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.26 and a quick ratio of 1.20.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of VIRC. Algert Global LLC grew its stake in shares of Virco Mfg. by 17.2% during the 2nd quarter. Algert Global LLC now owns 12,158 shares of the company’s stock worth $169,000 after acquiring an additional 1,785 shares in the last quarter. nVerses Capital LLC acquired a new position in Virco Mfg. during the second quarter worth $36,000. Barclays PLC grew its position in Virco Mfg. by 25.8% in the third quarter. Barclays PLC now owns 14,445 shares of the company’s stock valued at $200,000 after purchasing an additional 2,961 shares in the last quarter. MetLife Investment Management LLC increased its stake in Virco Mfg. by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 6,231 shares of the company’s stock valued at $86,000 after buying an additional 3,511 shares during the last quarter. Finally, Ritholtz Wealth Management lifted its position in Virco Mfg. by 7.0% during the 3rd quarter. Ritholtz Wealth Management now owns 97,527 shares of the company’s stock worth $1,347,000 after buying an additional 6,399 shares in the last quarter. Institutional investors own 30.97% of the company’s stock.
Virco Mfg. Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 20th will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Friday, December 20th. This represents a $0.10 dividend on an annualized basis and a yield of 0.86%. Virco Mfg.’s payout ratio is 6.45%.
Virco Mfg. Company Profile
Virco Mfg. Corporation engages in the design, production, and distribution of furniture in the United States and Canada. The company offers seating products, including 4-leg chairs, cantilever chairs, mobile task chairs and lab stools, tablet armchairs, steel-frame and floor rockers, series stools, hard plastic seating, folding and upholstered stack chairs, and plastic stack and upholstered ergonomic chairs.
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