Stock To Watch: Virtusa Corporation (NASDAQ:VRTU)


The leading market experts have placed a mean price target of $30.83 on Virtusa Corporation (NASDAQ:VRTU) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.50 a share for the upcoming quarter and $1.63 for the current fiscal.

Technical View

The technical analysis of Virtusa Corporation plainly substantiates that the 50-day moving average of Virtusa Corporation is $25.60, and stock is trading $-1.17 points away or -4.58% from its 50-day moving average of $25.60. Further it is trading $-7.79 or -24.17% away its 200-day moving average of $32.22. Virtusa Corporation (NASDAQ:VRTU) 52-week high is $59.40 and the 52-week low is $20.74.

This explains if the stock moves $-34.97, it will post a 52-week high. In event of +17.79% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Virtusa Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Virtusa Corporation (NASDAQ:VRTU) ratio came in at 25.77.

The stock last ended the trading session at $24.43 and registered a market cap of $729.70M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Virtusa Corporation (NASDAQ:VRTU) PEG ratio is at 0.96.

1 Chart Pattern Every Investor Should Know

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