Virco Manufacturing Corporation (VIRC)

NASDAQ: VIRC · IEX Real-Time Price · USD
2.77
-0.06 (-1.95%)
May 20, 2022 4:30 PM EDT - Market closed
Market Cap44.60M
Revenue (ttm)184.83M
Net Income (ttm)-15.14M
Shares Out16.10M
EPS (ttm)-0.95
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,744
Open2.80
Previous Close2.83
Day's Range2.78 - 2.90
52-Week Range2.63 - 4.17
Beta1.22
AnalystsBuy
Price Target7.14 (+157.8%)
Earnings DateJun 10, 2022

About VIRC

Virco Mfg. Corporation engages in the design, production, and distribution of furniture in the United States. It offers seating products, including 4-leg chairs, cantilever chairs, tablet armchairs with work surfaces and compact footprints, steel-frame and floor rockers, stools, series chairs, stack and folding chairs, hard plastic seating, upholstered stack and ergonomic chairs, and plastic stack chairs. The company also provides folding, activity, office, computer, and mobile tables; and computer furniture, such as keyboard mouse trays, CPU h...

IndustryCommercial Services & Supplies
Founded1950
Employees815
Stock ExchangeNASDAQ
Ticker SymbolVIRC
Full Company Profile

Financial Performance

In 2021, VIRC's revenue was $184.83 million, an increase of 20.96% compared to the previous year's $152.80 million. Losses were -$15.14 million, 578.1% more than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for VIRC stock is "Buy." The 12-month stock price forecast is 7.14, which is an increase of 157.76% from the latest price.

Price Target
$7.14
(157.76% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Virco Manufacturing Corporation (VIRC) Reports Q4 Loss, Tops Revenue Estimates

Virco Manufacturing Corporation (VIRC) delivered earnings and revenue surprises of -343.48% and 6.96%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for ...

4 weeks ago - Zacks Investment Research

Virco Announces Preliminary Fourth Quarter and Full-Year 2022 Results

TORRANCE, Calif., April 21, 2022 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ: VIRC), the largest manufacturer and supplier of movable furniture and equipment to the education market in the United...

1 month ago - GlobeNewsWire

Virco Manufacturing Corporation (VIRC) Q3 Earnings and Revenues Lag Estimates

Virco Manufacturing Corporation (VIRC) delivered earnings and revenue surprises of -75.76% and 27.80%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for ...

5 months ago - Zacks Investment Research

Virco Manufacturing Corporation (VIRC) Earnings Expected to Grow: What to Know Ahead of Q3 Release

Virco Manufacturing Corporation (VIRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Virco Amends Credit Facility to Allow for Shareholder Distributions

TORRANCE, Calif., Oct. 01, 2021 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (Nasdaq: VIRC), the largest manufacturer and supplier of movable furniture and equipment to the education market in the United ...

7 months ago - GlobeNewsWire

New Strong Sell Stocks for September 17th

IBEX, MTRX, SPWH, TPL and VIRC have been added to the Zacks Rank #5 (Strong Sell) List on September 17, 2021.

Other symbols:IBEXMTRXSPWHTPL
8 months ago - Zacks Investment Research

Virco's (VIRC) Q2 Earnings Miss Estimates, Backlog Rises

Virco's (VIRC) Q2 results reflect robust backlog level and increased spending on furniture and equipment. However, the company witnessed labor and material shortages in the quarter.

8 months ago - Zacks Investment Research

Virco Manufacturing Corporation (VIRC) Q2 Earnings and Revenues Miss Estimates

Virco Manufacturing Corporation (VIRC) delivered earnings and revenue surprises of -20.00% and -18.37%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for th...

8 months ago - Zacks Investment Research

Virco Manufacturing Corporation (VIRC) Earnings Expected to Grow: What to Know Ahead of Q2 Release

Virco Manufacturing Corporation (VIRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

8 months ago - Zacks Investment Research

Virco Reports First Quarter Results

TORRANCE, Calif., June 11, 2021 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (Nasdaq: VIRC) released First Quarter results for the period ended April 30, 2021, in the following letter to Shareholders:

11 months ago - GlobeNewsWire

Virco Reports Results for Fourth Quarter and Year-Ended January 31, 2021

TORRANCE, Calif., April 28, 2021 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ: VIRC) today reported financial results for the fourth quarter and full year ended January 31, 2021, in the following ...

1 year ago - GlobeNewsWire

Virco Reports Third Quarter Results

TORRANCE, Calif., Dec. 14, 2020 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ: VIRC) today reported its financial results for the third fiscal quarter ended October 31, 2020.  Net sales and earning...

1 year ago - GlobeNewsWire

Virco Announces Second Quarter Results

TORRANCE, Calif., Sept. 14, 2020 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (Nasdaq: VIRC) reported financial results for its second quarter ended July 31, 2020 in the following letter to shareholders:

1 year ago - GlobeNewsWire

Recap: Virco Manufacturing Q1 Earnings

Shares of Virco Manufacturing (NASDAQ:VIRC) moved higher by 4% after the company reported Q1 results.

1 year ago - Benzinga

Virco Provides Update on Current Impact of COVID-19

TORRANCE, Calif., March 31, 2020 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ VIRC) issued the following press release to update shareholders and the public on its response to the COVID -19 pand...

2 years ago - GlobeNewsWire

Top Ranked Momentum Stocks to Buy for December 27th

Top Ranked Momentum Stocks to Buy for December 27th

Other symbols:DKSPAASSTT
2 years ago - Zacks Investment Research

Will Virco Continue to Surge Higher?

As of late, it has definitely been a great time to be an investor in Virco.

2 years ago - Zacks Investment Research

Virco Reports Improved Profitability in Third Quarter

TORRANCE, Calif., Dec. 13, 2019 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (Nasdaq:VIRC) today announced results for its fiscal quarter and nine months ended October 31, 2019:

2 years ago - GlobeNewsWire