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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 $16.01, down 1.05% from the previous day, and has increased 290.49% in one year. It has overperformed other stocks in the Furnishings Fixtures & Appliances industry by 2.84 percentage points. Virco Mfg Corporation stock is currently +288.59% from its 52-week low of $4.12, and -10.21% from its 52-week high of $17.83.

There are currently 16.21M VIRC shares outstanding. The market cap of VIRC is $259.48M. In the past 24 hours, 196,087 VIRC shares were traded.

How to Buy Virco Mfg Corporation Stock

Wondering how to invest in Virco Mfg Corporation stock? Here's how.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Pick your method of payment and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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Now that you have created your account on the best app for stock investing, you need to deposit funds:

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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

VIRC Price
$16.01
1w %
18.86%
1y %
290.49%
5y %
287.65%
P/E
10.26x
P/B
2.83x
P/S
0.93x
PEG
1.75x
Revenue
$280.91M
Earnings
$25.49M
Fore. Rev. Growth
6.91%
Fore. Earn. Growth
6.52%
Market Cap
$259.48M
Next Earnings
Sep 9, 2024
Next Dividend
N/A

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 10.26x, relative to Furnishings Fixtures & Appliances industry P/E ratio of 17.76x
  • VIRC may be overvalued based on its P/B ratio of 2.83x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.37x
  • VIRC may be overvalued based on its PEG ratio of 1.75x

You can access additional valuation research on VIRC's stock here.

VIRC Financial Health

Passed Financial Due Diligence Checks:

  • VIRC profit margin has gone up from 8.6% to 9.1% in the past year.
  • Total VIRC debt is lower than 5 years ago, relative to shareholder equity.
  • VIRC's operating cash flow of $34.17M allows it to safely service it's debt of $14.15M.
  • VIRC earnings of $36.17M is not enough to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the VIRC balance sheet.
  • There are more short-term assets than long-term liabilities on the VIRC balance sheet.

Failed Financial Due Diligence Checks:

  • VIRC has a relatively high debt to equity ratio of 0.66.

Is Virco Mfg Corporation stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 sell side analysts who give recommendations on VIRC, the consensus analyst rating on Virco Mfg Corporation is a Buy

It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Virco Mfg Corporation stock forecast page.

VIRC Technicals

SMA10
14.38
SMA20
14.37
SMA50
13.54
SMA100
12.06
SMA200
10.52
MACD
0.49
MACD Signal
0.29
MACD Histogram
0.2
RSI
63.82
Stochastic %K
89.61
Stochastic %D
84.47
StochRSI %K
97.55
StochRSI %D
95.63

VIRC Growth Numbers

Last year, VIRC earnings were $25.49M. In the past 4 year, VIRC's earnings have gone up by 136.34% per year. This was faster than the Furnishings Fixtures & Appliances industry average of 6.95%.

Last year, VIRC revenue was $280.91M. During the past 5 year, VIRC's revenue has grown by 6.5% per year. This was faster than the Furnishings Fixtures & Appliances industry average of 6.48%.

Dig into VIRC's earnings and revenue performance here.

Latest Insiders Trades at VIRC

In the last 12 months, executives and large shareholders at VIRC have sold more shares than they have bought.

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 0.37%, compared to the Furnishings Fixtures & Appliances industry's average dividend yield of 3.83%. If you owned $1,000 worth of VIRC stock, you would have been paid $3.75 in the past year.

Virco Mfg Corporation dividend payments have consistently grown over the past decade and have remained stable.

Get more analysis about Virco Mfg Corporation dividend yield and history here.

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Step 5: Place your VIRC purchase

There are 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 mostly the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.

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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 stock purchase.

Make a watchlist to keep tabs on your VIRC stock.

VIRC Feed

How to Buy Stock in Virco Mfg Corporation

To summarize, here are the 6 steps you need to take to buy Virco Mfg Corporation stock right now:

  1. Decide where to buy Virco Mfg Corporation stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Evaluate Virco Mfg Corporation stock
  5. Place your VIRC purchase
  6. Get the latest scoop on your VIRC investment

If you require a brokerage account, eToro is our favorite option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your investment in Virco Mfg Corporation, add VIRC to your watchlist below.

NASDAQ: VIRC
$16.01-0.17 (-1.05%)
Updated Jul 17, 2024
Open eToro Account
NASDAQ: VIRC
$16.01-0.17 (-1.05%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Virco Mfg Corporation share?

As of Jul 17, 2024, it costs $16.01 to buy one share of Virco Mfg Corporation stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $8, you can buy 0.5 shares of VIRC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Virco Mfg Corporation stock?

According to 1 Wall Street analysts who monitor Virco Mfg Corporation, their consensus recommendation is to buy Virco Mfg Corporation stock.

What is the best way to buy Virco Mfg Corporation stock?

One way to place an order for Virco Mfg Corporation stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.