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Here's Why You Should Add Virtu Financial Stock to Your Portfolio
ZACKS· 2024-10-08 19:10
Virtu Financial, Inc. (VIRT) , a leading financial services company, is well-poised to grow on the back of its diversified business and rising interest and dividends income. High volatility favors the company's Market Making segment. Headquartered in New York, Virtu Financial has a market cap of $5.1 billion. Strong revenue contribution from the Market Making segment due to higher trading income will likely benefit the stock. We expect its capture rate from the unit to improve in the coming days, along with ...
Why Virtu Financial (VIRT) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-10-07 17:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Virtu Financial (VIRT) , which belongs to the Zacks Financial - Miscellaneous Services industry. When looking at the last two reports, this high-speed trading company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 31.34%, on average, in the last two quarters. For the most recent quarter, Virtu Financial was ...
Are Investors Undervaluing Virtu Financial (VIRT) Right Now?
ZACKS· 2024-10-07 14:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuat ...
Virtu Financial to Host Conference Call Announcing Third Quarter 2024 Results on Thursday, October 24, 2024
GlobeNewswire News Room· 2024-10-03 16:00
NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, will announce its results for the third quarter 2024 on Thursday, October 24, 2024, before the US market open. Virtu will host a conference call to discuss the company's financial results at 8:30 AM (EDT). A live webcast of the event will be availab ...
Virtu Financial Congratulates Women in Finance Award Recipients Leah Goldsberry and Trish McMenamin
GlobeNewswire News Room· 2024-09-26 11:00
NEW YORK, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, is proud to announce that Trish McMenamin, Chief Compliance Officer, and Leah Goldsberry, EMEA Head of Analytics Client Coverage, have both been recognized at Markets Media's European Women in Finance Awards. Trish McMenamin received the Excellence ...
Virtu Financial (VIRT) Upgraded to Buy: Here's Why
ZACKS· 2024-09-20 17:00
Core Viewpoint - Virtu Financial (VIRT) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Stock Price Impact - The change in earnings estimates is a powerful factor affecting near-term stock price movements, as institutional investors rely on these estimates to determine fair value [3]. - An increase in earnings estimates typically leads to institutional buying, which drives stock prices higher [3]. Company Performance Indicators - For the fiscal year ending December 2024, Virtu Financial is projected to earn $2.96 per share, reflecting a 60.9% increase from the previous year [7]. - Over the past three months, the Zacks Consensus Estimate for Virtu Financial has risen by 18.8%, indicating a positive trend in earnings expectations [7]. Zacks Rating System - The Zacks Rank system classifies stocks based on earnings estimate revisions, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - The upgrade to Zacks Rank 2 places Virtu Financial in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [9].
VIRT vs. BX: Which Stock Is the Better Value Option?
ZACKS· 2024-09-20 16:41
Group 1 - The article compares two companies, Virtu Financial (VIRT) and Blackstone Inc. (BX), to determine which is the better undervalued stock option for investors [1] - Virtu Financial has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision trend compared to Blackstone Inc., which has a Zacks Rank of 3 (Hold) [3][7] - Value investors analyze various traditional metrics to assess whether a company is undervalued, including P/E ratio, P/S ratio, earnings yield, and cash flow per share [4] Group 2 - Virtu Financial has a forward P/E ratio of 10.69, significantly lower than Blackstone Inc.'s forward P/E of 34.90, suggesting VIRT is more attractively priced [5] - The PEG ratio for Virtu Financial is 0.41, while Blackstone Inc. has a PEG ratio of 1.36, indicating VIRT's expected earnings growth is more favorable relative to its price [5] - Virtu Financial's P/B ratio is 3.45 compared to Blackstone Inc.'s P/B of 6.46, further supporting the argument that VIRT is undervalued [6] Group 3 - Based on the valuation metrics and improving earnings outlook, Virtu Financial is positioned as the superior value option at this time [7]
Is Virtu Financial (VIRT) Stock Undervalued Right Now?
ZACKS· 2024-09-20 14:41
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of ...
Here's Why Virtu Financial (VIRT) is a Strong Value Stock
ZACKS· 2024-09-09 14:40
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores ...
Why Virtu Financial (VIRT) is a Top Stock for the Long-Term
ZACKS· 2024-09-09 14:30
Core Insights - Zacks offers various investment opportunities and tools aimed at long-term success in the stock market [1] - The Zacks Focus List is a curated portfolio of 50 stocks expected to outperform the market over the next 12 months [3][4] Performance Metrics - In 2020, the Focus List gained 13.85% annually, outperforming the S&P 500's return of 9.38% [5] - Cumulatively, the Focus List has returned 2,519.23% from February 1, 1996, to March 31, 2021, compared to the S&P's 854.95% [5] Methodology - The Focus List relies on earnings estimate revisions from brokerage analysts, which assess various factors affecting future earnings [6] - Stocks are selected based on upward earnings estimate revisions, indicating potential future price momentum [7][10] - The Zacks Rank, a proprietary stock-rating model, classifies stocks into five groups based on four main factors: Agreement, Magnitude, Upside, and Surprise [9] Spotlight on Virtu Financial - Virtu Financial, a market-leading financial services firm, was added to the Focus List on July 31, 2023, at $18.90 per share [11][12] - Since its addition, shares have increased by 64.71% to $31.13, with a Zacks Rank of 3 (Hold) [12] - Six analysts have revised their earnings estimates upwards for fiscal 2024, with the consensus estimate increasing by $0.48 to $2.96 [12] - Virtu's earnings are projected to grow by 60.9% for the current fiscal year [12]