Virco Q4 Loss Wider-Than-Expected, Sales Miss Estimates, Stock Down |
VIRC's fourth-quarter fiscal 2024 results reflect weakness across its top and bottom lines. Click away to know in detail. |
zacks.com |
2025-04-15 17:30:32 |
Czytaj oryginał (ang.) |
Virco Mfg. Corporation: A Reshoring Play At A P/E Of 7 |
Virco, a small-cap company specializing in commercial and educational furniture, has seen steady 6% annual growth over the last decade. Donald Trump's tariffs on China/Mexico and tax benefits for companies that manufacture in the U.S would be a beneficial catalyst for Virco. It's trading at a P/E of 7 times (industry average of 14), just starting to pay dividends and with an active buyback plan. |
seekingalpha.com |
2025-01-29 08:02:07 |
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Virco Adopts New Share Repurchase Program |
TORRANCE, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC), a leading manufacturer and supplier of movable furniture and equipment for educational environments and public spaces, announced today that its Board of Directors has approved a new share repurchase program for up to $10,000,000 of the Company's Common Stock. The program will commence February 1, 2025 and has no time limit. |
globenewswire.com |
2025-01-21 10:30:00 |
Czytaj oryginał (ang.) |
Virco's Q3 Earnings & Sales Lag, Both Decline Y/Y, Stock Dips |
VIRC's third-quarter fiscal 2024 results reflect a performance decline due to weather risks and unfavorable shipment timings. Also, high costs and expenses hurt. |
zacks.com |
2024-12-10 14:26:07 |
Czytaj oryginał (ang.) |
Virco Manufacturing Corporation (VIRC) Lags Q3 Earnings and Revenue Estimates |
Virco Manufacturing Corporation (VIRC) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.62 per share a year ago. |
zacks.com |
2024-12-09 12:46:25 |
Czytaj oryginał (ang.) |
Virco Reports Third Quarter Results: Robust Balance Sheet and Strengthening Cash Flows as School Furniture Market Returns to pre-Pandemic Seasonal Patterns |
TORRANCE, Calif., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC) a leading manufacturer and supplier of movable furniture and equipment for educational environments and public spaces, announced results for the Company's Third Quarter and first Nine Months ended October 31, 2024: |
globenewswire.com |
2024-12-09 10:30:00 |
Czytaj oryginał (ang.) |
Trump Bump And Rate Cuts: 5 Small-Caps Set To Surge |
SA Quant's Top 5 Small-Caps Ready For A Rally has returned over 20% in two months, beating the market, with four stocks delivering double-digit returns. Small caps initially rallied on interest rate cuts, which tend to benefit the sector by reducing borrowing costs and increasing their attractiveness relative to bonds. Trump's recent election victory caused the sector to jump, though small caps have since pulled back, presenting a potential opportunity. |
seekingalpha.com |
2024-11-25 07:00:00 |
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3 Furniture Stocks Worth Watching Amid a Challenging Industry Landscape |
Deteriorating U.S. consumer confidence and concerns for future business growth are concerns for the industry. Yet, focus on product innovation & technological solutions raises hope for SN, VIRC and FLXS. |
zacks.com |
2024-10-22 17:47:15 |
Czytaj oryginał (ang.) |
Rate Cut Winners: Top 5 Small-Caps Ready For A Rally |
Small-cap stocks tend to benefit in a declining rate environment due to cheaper borrowing costs, increased investor risk appetite, and enhanced growth potential. While small-cap stocks can offer more upside than their large-cap counterparts, they can also come with higher volatility, which requires an added layer of analysis. SA Quant has identified five top Quant-rated small-cap stocks with positive factor grades, specifically momentum, growth, and profitability, that are well-positioned to benefit from the reduced rate environment. |
seekingalpha.com |
2024-09-25 09:00:00 |
Czytaj oryginał (ang.) |
Virco's Q2 Shows Clear Signs Of Deterioration, But Stock Is Still A Hold |
Virco's 2Q25 revenues surprised positively, despite a declining backlog, due to improved order processing and continued disaster relief shipments. Management is cautious about future trends, removing the 'shipments plus backlog' figure and warning of post-pandemic recovery uncertainties. Higher shipping costs could benefit Virco by increasing competitors' costs, but the fading ESSER stimulus poses a revenue risk. |
seekingalpha.com |
2024-09-14 08:52:50 |
Czytaj oryginał (ang.) |
4 Stocks Announce Dividend Hikes Amid Market Volatility |
Virco Mfg. Corporation (VIRC), Brady Corporation (BRC), Broadcom Inc. (AVGO) and Verizon Communications Inc. (VZ) recently announced dividend hikes. |
zacks.com |
2024-09-11 19:00:22 |
Czytaj oryginał (ang.) |
Virco's Q2 Earnings Beat Estimates, Revenues Miss, Stock Falls |
VIRC's second-quarter fiscal 2024 results benefit from higher factory output and improved operating efficiencies, along with a significant counter-seasonal disaster recovery order. |
zacks.com |
2024-09-10 14:06:21 |
Czytaj oryginał (ang.) |
Virco Manufacturing Corporation (VIRC) Surpasses Q2 Earnings Estimates |
Virco Manufacturing Corporation (VIRC) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.95 per share a year ago. |
zacks.com |
2024-09-09 14:50:14 |
Czytaj oryginał (ang.) |
Virco Reports Improved Financial Position Following Record Second Quarter and First Half Results |
TORRANCE, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ: VIRC), a leading manufacturer and supplier of movable furniture and equipment for educational environments, announced results for the Company's Second Quarter and first six months ended July 31, 2024. |
globenewswire.com |
2024-09-09 12:30:00 |
Czytaj oryginał (ang.) |
Virco Gears Up to Report Q2 Earnings: What in the Offing? |
VIRC's fiscal second-quarter results are likely to reflect a solid vertically integrated model and operating capabilities. |
zacks.com |
2024-09-05 16:26:27 |
Czytaj oryginał (ang.) |
Virco: The Wind Of Fortune Is Blowing In Its Favor |
Virco benefited from the post-Covid-19 supply chain changes, leveraging extreme seasonality and the Price/Cube Threshold for competitive advantage in the US school furniture market. Despite average financial standing, Virco's recent revenue growth and profitability outpace peers. But these were driven by external supply chain factors rather than internal efficiencies. With a 40% margin of safety, Virco's current competitive position makes it a viable investment opportunity, with potential for transformation if operational efficiencies improve. |
seekingalpha.com |
2024-09-05 02:35:00 |
Czytaj oryginał (ang.) |
Virco Stock Surges 31% in 3 Months: What's Next for VIRC? |
Virco Mfg. Corporation VIRC has seen its shares rise steadily, rallying 30.9% in the past three months, outperforming the Zacks Furniture industry's 13.3% growth. The broader Consumer Discretionary sector rose 3.9% and the S&P 500 grew 7.1% in the same time frame. |
zacks.com |
2024-08-29 18:30:51 |
Czytaj oryginał (ang.) |
Is Virco Manufacturing (VIRC) Stock Undervalued Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-08-01 14:46:16 |
Czytaj oryginał (ang.) |
Here's Why Momentum in Virco Manufacturing (VIRC) Should Keep going |
Virco Manufacturing (VIRC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move. |
zacks.com |
2024-08-01 13:51:08 |
Czytaj oryginał (ang.) |
Inflation Decline Raises September Rate Cut Hopes: 4 Winners |
Stocks like YETI Holdings, Inc. (YETI), Virco Mfg. Corporation (VIRC), Netflix, Inc. (NFLX) and Reservoir Media, Inc. (RSVR) are expected to gain once the Fed starts interest rate cuts. |
zacks.com |
2024-07-30 14:56:19 |
Czytaj oryginał (ang.) |
Best Value Stocks to Buy for July 30th |
BTG, VIRC, and BTE made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 30, 2024. |
zacks.com |
2024-07-30 09:51:04 |
Czytaj oryginał (ang.) |
New Strong Buy Stocks for July 26th |
FISI, BTE, HSTM, WDC and VIRC have been added to the Zacks Rank #1 (Strong Buy) List on July 26, 2024. |
zacks.com |
2024-07-26 12:05:44 |
Czytaj oryginał (ang.) |
Best Value Stocks to Buy for July 26th |
VIRC, GFF and BTE made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 26, 2024. |
zacks.com |
2024-07-26 11:11:00 |
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