Virtu Financial Inc

Company Profile

Virtu Financial Inc had its IPO on 2015-04-16 under the ticker symbol VIRT.

The company operates in the Financial Services sector and Capital Markets industry. Virtu Financial Inc has a staff strength of 993 employees.

Stock update

Shares of Virtu Financial Inc opened at $18.3 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $18.3 - $18.57, and closed at $18.46.

This is a +1.15% increase from the previous day's closing price.

A total volume of 453,151 shares were traded at the close of the day’s session.

In the last one week, shares of Virtu Financial Inc have slipped by -2.33%.

Virtu Financial Inc's Key Ratios

Virtu Financial Inc has a market cap of $2.97 billion, indicating a price to book ratio of 1.4925 and a price to sales ratio of 1.4959.

In the last 12-months Virtu Financial Inc’s revenue was $1.73 billion with a gross profit of $1.08 billion and an EBITDA of $0. The EBITDA ratio measures Virtu Financial Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Virtu Financial Inc’s operating margin was 18.77% while its return on assets stood at 2.09% with a return of equity of 15.74%.

In Q2, Virtu Financial Inc’s quarterly earnings growth was a negative -79.5% while revenue growth was a negative 30.9%.

Virtu Financial Inc’s PE and PEG Ratio

Forward PE

6.4267

Trailing PE

13.0357

PEG

-9.42

Its diluted EPS in the last 12-months stands at $1.4 per share while it has a forward price to earnings multiple of 6.4267 and a PEG multiple of -9.42. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Virtu Financial Inc’s profitability.

Virtu Financial Inc stock is trading at a EV to sales ratio of 2.4904 and a EV to EBITDA ratio of 6.3262. Its price to sales ratio in the trailing 12-months stood at 1.4959.

Virtu Financial Inc stock pays annual dividends of $0.96 per share, indicating a yield of 5.26% and a payout ratio of 45.93%.

Balance sheet and cash flow metrics

Total Assets

$13.39 billion

Total Liabilities

$2.72 billion

Operating Cash Flow

$-19353000.00

Capital Expenditure

$13.84 million

Dividend Payout Ratio

45.93%

Virtu Financial Inc ended 2023 with $13.39 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $13.39 billion while shareholder equity stood at $1.55 billion.

Virtu Financial Inc ended 2023 with $0 in deferred long-term liabilities, $2.72 billion in other current liabilities, 1000.00 in common stock, $980.48 million in retained earnings and $1.15 billion in goodwill. Its cash balance stood at $698.67 million and cash and short-term investments were $7.15 billion. The company’s total short-term debt was $1,231,872,000 while long-term debt stood at $3.09 billion.

Virtu Financial Inc’s total current assets stands at $8.79 billion while long-term investments were $2.46 billion and short-term investments were $6.45 billion. Its net receivables were $1.59 billion compared to accounts payable of $419.56 million and inventory worth $0.

In 2023, Virtu Financial Inc's operating cash flow was $-19353000.00 while its capital expenditure stood at $13.84 million.

Comparatively, Virtu Financial Inc paid $0.46 in dividends in 2023.

Other key metrics

Current Trading Price

$18.46

52-Week High

$22.5797

52-Week Low

$15.8372

Analyst Target Price

$21.14

Virtu Financial Inc stock is currently trading at $18.46 per share. It touched a 52-week high of $22.5797 and a 52-week low of $22.5797. Analysts tracking the stock have a 12-month average target price of $21.14.

Its 50-day moving average was $18.2 and 200-day moving average was $18.52 The short ratio stood at 2.15 indicating a short percent outstanding of 0%.

Around 159.9% of the company’s stock are held by insiders while 8801.2% are held by institutions.