Home Sectors Financial Services Recent Valuation: Virtus Investment Partners (NASDAQ: VRTS)

Recent Valuation: Virtus Investment Partners (NASDAQ: VRTS)

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Virtus Investment Partners trades as part of the financial services sector and is part of the asset management industry. The company CEO is George R. Aylward. 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.

Previous Intraday Trading Performance:

The VRTS stock showed a previous change of 1.13% with an open at 105.82 and a close of 106.37. It reached an intraday high of 107.43 and a low of 105.33.

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Liquidity:

The stock has a market cap of $743.2m with 7.0m shares outstanding, of which the float is 6.4m shares. Trading volume reached 34,445 shares compared to its average volume of 73,838 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Virtus Investment Partners shares returned 0.82% and in the past 30 trading days it returned -12.53%. Over three months, it changed 6.48%. In one year it has changed -15.28% and within that year its 52-week high was 138.03 and its 52-week low was 70.00. VRTS stock is 51.96% above its 52 Week Low.

Our calculations show a 200 day moving average of 103.15 and a 50 day moving average of 113.54. Currently VRTS stock is trading 3.12% above its 200 day moving average and may be a good opportunity to buy.

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Earnings:

The last annual fiscal EPS for the company was reported at 8.9 that ended on 31st of December 2018, which according to the previous close, that is a PE of 11.95. Based on 2 analyst estimates, the consensus EPS for the next quarter is 2.02. The TTM EPS is 12.26, which comes to a TTM PE of 8.68. Historically, the PE high was 35.10 and the PE low was 8.68. VRTS stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/26/2019): 2.61
4thQtr of 2018 (Reported on 02/01/2019): 0.01
3rdQtr of 2018 (Reported on 10/26/2018): 3.19
2ndQtr of 2018 (Reported on 07/27/2018): 2.75
1stQtr of 2018 (Reported on 04/27/2018): 2.77

The dividend per share is currently 2.20, which is a dividend yield of 2.07%. Also, the payout ratio is 17.94%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 57.31, which means it may be overvalued by -85.60%.

Indicators to Watch:

The current calculated beta is 1.66.

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Fundamental Indicators:

Based on last reported financials, the company’s return on assets is 2.55%, profit margin is 13.66%, price-to-sales is 1.33 and price-to-book is 1.41.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 2  :Past Performance Score
 2  :Financial Strength Score
 0  :Future Growth Score
 3  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.