Virtus Investment Partners Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $198.6903
- Today's High:
- $204.24
- Open Price:
- $199.5
- 52W Low:
- $136.9862
- 52W High:
- $243.9979
- Prev. Close:
- $200.08
- Volume:
- 20838
Company Statistics
- Market Cap.:
- $1.45 billion
- Book Value:
- 117.373
- Revenue TTM:
- $820.04 million
- Operating Margin TTM:
- 17.71%
- Gross Profit TTM:
- $402.51 million
- Profit Margin:
- 16.58%
- Return on Assets TTM:
- 2.52%
- Return on Equity TTM:
- 12.44%
Company Profile
Virtus Investment Partners Inc had its IPO on 1992-03-12 under the ticker symbol VRTS.
The company operates in the Financial Services sector and Asset Management industry. Virtus Investment Partners Inc has a staff strength of 772 employees.
Stock update
Shares of Virtus Investment Partners Inc opened at $199.5 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $198.69 - $204.24, and closed at $201.98.
This is a +0.95% increase from the previous day's closing price.
A total volume of 20,838 shares were traded at the close of the day’s session.
In the last one week, shares of Virtus Investment Partners Inc have slipped by -4.08%.
Virtus Investment Partners Inc's Key Ratios
Virtus Investment Partners Inc has a market cap of $1.45 billion, indicating a price to book ratio of 1.7588 and a price to sales ratio of 1.4244.
In the last 12-months Virtus Investment Partners Inc’s revenue was $820.04 million with a gross profit of $402.51 million and an EBITDA of $210.77 million. The EBITDA ratio measures Virtus Investment Partners Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Virtus Investment Partners Inc’s operating margin was 17.71% while its return on assets stood at 2.52% with a return of equity of 12.44%.
In Q2, Virtus Investment Partners Inc’s quarterly earnings growth was a positive 79% while revenue growth was a negative 5.2%.
Virtus Investment Partners Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 10.9513
- PEG
- 0.62
Its diluted EPS in the last 12-months stands at $18.27 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0.62. 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 Virtus Investment Partners Inc’s profitability.
Virtus Investment Partners Inc stock is trading at a EV to sales ratio of 3.2983 and a EV to EBITDA ratio of 8.8488. Its price to sales ratio in the trailing 12-months stood at 1.4244.
Virtus Investment Partners Inc stock pays annual dividends of $6.6 per share, indicating a yield of 3.79% and a payout ratio of 32.1%.
Balance sheet and cash flow metrics
- Total Assets
- $168300.00
- Total Liabilities
- $458.43 million
- Operating Cash Flow
- $-110099000.00
- Capital Expenditure
- $1.10 million
- Dividend Payout Ratio
- 32.1%
Virtus Investment Partners Inc ended 2024 with $168300.00 in total assets and $0 in total liabilities. Its intangible assets were valued at $168300.00 while shareholder equity stood at $851.50 million.
Virtus Investment Partners Inc ended 2024 with $0 in deferred long-term liabilities, $458.43 million in other current liabilities, 122000.00 in common stock, $174.01 million in retained earnings and $397.10 million in goodwill. Its cash balance stood at $201.50 million and cash and short-term investments were $201.50 million. The company’s total short-term debt was $294,218,000 while long-term debt stood at $2.21 billion.
Virtus Investment Partners Inc’s total current assets stands at $201.50 million while long-term investments were $2.15 billion and short-term investments were $0. Its net receivables were $104.22 million compared to accounts payable of $39.38 million and inventory worth $0.
In 2024, Virtus Investment Partners Inc's operating cash flow was $-110099000.00 while its capital expenditure stood at $1.10 million.
Comparatively, Virtus Investment Partners Inc paid $0.32 in dividends in 2024.
Other key metrics
- Current Trading Price
- $201.98
- 52-Week High
- $243.9979
- 52-Week Low
- $136.9862
- Analyst Target Price
- $205
Virtus Investment Partners Inc stock is currently trading at $201.98 per share. It touched a 52-week high of $243.9979 and a 52-week low of $243.9979. Analysts tracking the stock have a 12-month average target price of $205.
Its 50-day moving average was $203.13 and 200-day moving average was $194.55 The short ratio stood at 1.61 indicating a short percent outstanding of 0%.
Around 576.7% of the company’s stock are held by insiders while 8720.5% are held by institutions.
Frequently Asked Questions About Virtus Investment Partners Inc
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About
Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.