Wedbush Comments on Virco Mfg. Co.’s Q1 2025 Earnings (NASDAQ:VIRC)

Virco Mfg. Co. (NASDAQ:VIRC – Get Rating) – Equities research analysts at Wedbush issued their Q1 2025 earnings estimates for Virco Mfg. in a research note issued to investors on Monday, June 12th. Wedbush analyst J. Mccanless expects that the company will post earnings of ($0.13) per share for the quarter. The consensus estimate for Virco Mfg.’s current full-year earnings is $0.72 per share. Wedbush also issued estimates for Virco Mfg.’s Q2 2025 earnings at $0.59 EPS, Q3 2025 earnings at $0.66 EPS, Q4 2025 earnings at ($0.05) EPS and FY2025 earnings at $1.07 EPS.

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Virco Mfg. (NASDAQ:VIRC – Get Rating) last released its earnings results on Monday, June 12th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.08. Virco Mfg. had a return on equity of 29.11% and a net margin of 7.16%. The company had revenue of $34.94 million for the quarter, compared to analysts’ expectations of $33.70 million.

Virco Mfg. Price Performance

Shares of NASDAQ VIRC opened at $4.22 on Tuesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.45 and a current ratio of 1.84. Virco Mfg. has a one year low of $2.96 and a one year high of $5.07. The firm has a market capitalization of $68.41 million, a P/E ratio of 4.18 and a beta of 0.82. The company’s fifty day moving average is $3.96 and its two-hundred day moving average is $4.27.

Institutional Trading of Virco Mfg.

Institutional investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC grew its holdings in shares of Virco Mfg. by 18.2% in the 1st quarter. Renaissance Technologies LLC now owns 199,330 shares of the company’s stock worth $789,000 after acquiring an additional 30,700 shares during the period. Millennium Management LLC purchased a new position in shares of Virco Mfg. in the fourth quarter valued at $110,000. D.A. Davidson & CO. raised its stake in shares of Virco Mfg. by 2.8% during the 1st quarter. D.A. Davidson & CO. now owns 865,773 shares of the company’s stock worth $3,429,000 after buying an additional 23,921 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Virco Mfg. in the 2nd quarter worth about $57,000. Finally, Dimensional Fund Advisors LP grew its stake in Virco Mfg. by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 430,127 shares of the company’s stock valued at $1,708,000 after acquiring an additional 7,513 shares during the last quarter. Hedge funds and other institutional investors own 19.02% of the company’s stock.

About Virco Mfg.

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Virco Mfg. Corporation designs, produces, and distributes furniture in the United States. It 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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