Breaking Down Virtus Inv: 5 Analysts Share Their Views

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5 analysts have shared their evaluations of Virtus Inv VRTS during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 2 0 3 0
Last 30D 0 0 0 1 0
1M Ago 0 2 0 0 0
2M Ago 0 0 0 0 0
3M Ago 0 0 0 2 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $217.0, with a high estimate of $289.00 and a low estimate of $163.00. This current average reflects an increase of 31.52% from the previous average price target of $165.00.

price target chart

Interpreting Analyst Ratings: A Closer Look

A comprehensive examination of how financial experts perceive Virtus Inv is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Michael Cyprys Morgan Stanley Raises Underweight $199.00 $170.00
Bill Kirk TD Cowen Announces Outperform $289.00 -
Crispin Love Piper Sandler Announces Overweight $264.00 -
Michael Cyprys Morgan Stanley Raises Underweight $170.00 $163.00
Michael Cyprys Morgan Stanley Raises Underweight $163.00 $162.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Virtus Inv. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Virtus Inv compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Virtus Inv's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Virtus Inv's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Virtus Inv analyst ratings.

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Delving into Virtus Inv's Background

Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of the US and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.

Virtus Inv's Financial Performance

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Growth: Over the 3 months period, Virtus Inv showcased positive performance, achieving a revenue growth rate of 4.36% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 14.16%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 3.61%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Virtus Inv's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.83%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Virtus Inv's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.57, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Significance of Analyst Ratings Explained

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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