How to Buy Virco Mfg Corporation Stock
Virco Mfg Corporation
Virco Mfg. Corporation engages in the design, production, and distribution of furniture in the United States.
Virco Mfg Corporation stock last closed at $9.31, up 0.76% from the previous day, and has decreased 15.36% in one year. It has underperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.04 percentage points. Virco Mfg Corporation stock is currently +9.27% from its 52-week low of $8.52, and -49.68% from its 52-week high of $18.50.
There are currently 16.09M VIRC shares outstanding. The market cap of VIRC is $149.77M. In the past 24 hours, 67,150 VIRC shares were traded.
How to Buy Virco Mfg Corporation Stock
Wondering how to invest in Virco Mfg Corporation stock? Here's how.
- Decide where to buy Virco Mfg Corporation stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Virco Mfg Corporation stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your details.
- Evaluate Virco Mfg Corporation stock: The Virco Mfg Corporation ticker symbol is VIRC. Is Virco Mfg Corporation stock a good investment? Should you buy shares of VIRC? How do VIRC's underlying business fundamentals look? Do top analysts think Virco Mfg Corporation is a good buy? Why has VIRC's stock price moved recently? (Hint: Our stock market research tools can help you figure out if VIRC is a good stock to buy).
- Place your VIRC purchase: Decide if you will purchase VIRC shares at the current market price or use a limit order to buy VIRC shares at a specific price.
- Get the latest scoop on your VIRC investment: Create a watchlist to monitor your new investment in Virco Mfg Corporation stock.
Step 1: Decide where to buy Virco Mfg Corporation stock
You need a brokerage account in order to access the NASDAQ market and buy VIRC shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you can invest in VIRC today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new brokerage account.
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Step 3: Deposit money your investment account
Now that you have created your account on the best app for stock investing, you need to deposit funds:
Check out the tutorial below for more details transferring funds into your investment account.
Step 4: Evaluate Virco Mfg Corporation stock
After you have figured out the best place to buy Virco Mfg Corporation stock, it's critical to evaluate their stock prior to investing, so you can wrap your head around the risk and opportunity.
Virco Mfg Corporation stock quick numbers
Virco Mfg Corporation Overview
WallStreetZen was built to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on VIRC's stock page.
Is VIRC stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge VIRC's fair value.
Using relative valuations methods:
- VIRC could be undervalued based on its P/E ratio of 7.05x, relative to Furnishings Fixtures & Appliances industry P/E ratio of 76.67x
- VIRC may be undervalued based on its P/B ratio of 1.37x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.24x
You can do additional valuation analysis on VIRC's stock here.
How do VIRC Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the VIRC balance sheet.
- VIRC earnings of $28.77M is not enough to cover its interest payments.
- VIRC's operating cash flow of $33.13M allows it to safely service it's debt of $41.82M.
- Total VIRC debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the VIRC balance sheet.
Failed Financial Due Diligence Checks:
- VIRC profit margin of X% has stayed the same in the past year.
- VIRC has a relatively high debt to equity ratio of 0.76.
You can dive deeper into what analysts are saying on the Virco Mfg Corporation stock forecast page.
VIRC Momentum
VIRC Performance Numbers
Last year, VIRC earnings were $21.64M. During the past five year, VIRC's earnings have increased by 54.49% per year. This was faster than the Furnishings Fixtures & Appliances industry average of 2.55%.
Last year, VIRC revenue was $266.24M. Over the last five year, VIRC's revenue has increased by 6.65% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 8.04%.
Dig into VIRC's earnings and revenue performance here.
What are VIRC insiders up to?
In the last 12 months, executives and large shareholders at VIRC have bought more shares than they have sold.
Jerry Scott Bell, COO of VIRC, was the latest VIRC insider to sell. They sold $17,276.95 worth of VIRC stock on Jun 21, 2024.
Learn more about who owns VIRC shares here.
Does VIRC provide a stable income stream?
Virco Mfg Corporation pays a dividend of 0.75%, compared to the Furnishings Fixtures & Appliances industry's average dividend yield of 4.08%. If you owned $1,000 worth of VIRC stock, you would have received $7.52 last year.
Virco Mfg Corporation dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Virco Mfg Corporation dividend yield and history here.
What do other traders have to say about VIRC?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your VIRC purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open Trade button and eToro will place your order.
If you require additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your VIRC investment
Now that you own some VIRC shares, you'll want to stay up-to-date on your new investment.
Start a watchlist to get notified of important updates regarding your VIRC stock.
VIRC Feed
How to Buy Stock in Virco Mfg Corporation
To reiterate, here are the 6 steps to buy stock in Virco Mfg Corporation:
- Decide where to buy Virco Mfg Corporation stock
- Sign up for your brokerage account
- Deposit money your investment account
- Evaluate Virco Mfg Corporation stock
- Place your VIRC purchase
- Get the latest scoop on your VIRC investment
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Virco Mfg Corporation, add VIRC to your watchlist below.
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