What is Wedbush's Forecast for Virco Mfg. FY2025 Earnings?

Virco Mfg. Co. (NASDAQ:VIRC - Free Report) - Analysts at Wedbush cut their FY2025 earnings per share estimates for Virco Mfg. in a note issued to investors 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 currently has a "Outperform" rating and a $17.00 price target 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.

Separately, StockNews.com lowered shares of Virco Mfg. from a "buy" rating to a "hold" rating in a report on Tuesday.

Virco Mfg. Trading Down 2.1 %

Shares of VIRC stock traded down $0.25 during mid-day trading on Thursday, reaching $11.62. 222,049 shares of the stock traded hands, compared to its average volume of 217,772. The stock's fifty day simple moving average is $14.91 and its two-hundred day simple moving average is $14.87. Virco Mfg. has a 1-year low of $8.75 and a 1-year high of $18.50. The company has a quick ratio of 1.20, a current ratio of 2.26 and a debt-to-equity ratio of 0.04. The company has a market cap of $189.28 million, a price-to-earnings ratio of 7.66 and a beta of 0.68.

Virco Mfg. (NASDAQ:VIRC - Get Free Report) last released its quarterly earnings data on Monday, December 9th. The company reported $0.52 earnings per share for the quarter, missing the consensus estimate 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 last year, the company posted $0.62 EPS.

Virco Mfg. Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 20th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend is Friday, December 20th. Virco Mfg.'s payout ratio is presently 6.45%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Algert Global LLC lifted its stake in Virco Mfg. by 17.2% in the second quarter. Algert Global LLC now owns 12,158 shares of the company's stock valued at $169,000 after buying an additional 1,785 shares during the period. nVerses Capital LLC acquired a new position in shares of Virco Mfg. during the 2nd quarter valued at $36,000. Barclays PLC lifted its position in shares of Virco Mfg. by 25.8% during the 3rd quarter. Barclays PLC now owns 14,445 shares of the company's stock valued at $200,000 after acquiring an additional 2,961 shares during the period. MetLife Investment Management LLC lifted its position in shares of Virco Mfg. by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 6,231 shares of the company's stock valued at $86,000 after acquiring an additional 3,511 shares during the period. Finally, Ritholtz Wealth Management lifted its position in shares of Virco Mfg. by 7.0% during the 3rd quarter. Ritholtz Wealth Management now owns 97,527 shares of the company's stock valued at $1,347,000 after acquiring an additional 6,399 shares during the period. Institutional investors and hedge funds own 30.97% of the company's stock.

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.