Wedbush Estimates Virco Mfg.’s FY2025 Earnings (NASDAQ:VIRC)

Virco Mfg. Co. (NASDAQ:VIRC) – Wedbush reduced their FY2025 EPS estimates for shares of Virco Mfg. in a note issued to investors on Monday, December 9th. Wedbush analyst J. Mccanless now expects that the company will earn $1.54 per share for the year, down from their prior estimate of $1.93. Wedbush currently has a “Outperform” rating and a $17.00 target price 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) last released its quarterly earnings data on Monday, December 9th. The company reported $0.52 earnings per share (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 last year, the firm earned $0.62 earnings per share.

Separately, StockNews.com lowered Virco Mfg. from a “buy” rating to a “hold” rating in a report on Tuesday.

Virco Mfg. Price Performance

Shares of NASDAQ VIRC opened at $11.62 on Thursday. The firm has a market cap of $189.28 million, a P/E ratio of 7.50 and a beta of 0.68. The business’s 50 day moving average is $14.87 and its 200-day moving average is $14.84. The company has a current ratio of 2.26, a quick ratio of 1.20 and a debt-to-equity ratio of 0.04. Virco Mfg. has a 1-year low of $8.75 and a 1-year high of $18.50.

Virco Mfg. Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 20th will be given 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 dividend yield of 0.86%. Virco Mfg.’s payout ratio is presently 6.45%.

Institutional Investors Weigh In On Virco Mfg.

A number of hedge funds and other institutional investors have recently made changes to their positions in VIRC. nVerses Capital LLC bought a new stake in Virco Mfg. during the second quarter worth about $36,000. MetLife Investment Management LLC raised its position in shares of 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 in the last quarter. Virtus Investment Advisers Inc. bought a new stake in shares of Virco Mfg. during the 3rd quarter worth approximately $90,000. SG Americas Securities LLC acquired a new stake in shares of Virco Mfg. during the 2nd quarter worth approximately $127,000. Finally, Walleye Capital LLC bought a new position in Virco Mfg. in the third quarter valued at approximately $140,000. 30.97% of the stock is currently owned by institutional investors and hedge funds.

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.