Maxim Group Remains a Buy on VirTra Inc

By Ryan Adsit

In a report released today, Allen Klee from Maxim Group maintained a Buy rating on VirTra Inc (NASDAQ: VTSI), with a price target of $9. The company’s shares closed yesterday at $4.94.

Klee noted:

“We expect demand for effective police and military training to be a tailwind to support our five-year revenue and EPS CAGRs of 10% and 20%, respectively.”

According to TipRanks.com, Klee is a 2-star analyst with an average return of 6.6% and a 70.0% success rate. Klee covers the Technology sector, focusing on stocks such as Stampscom, Agilysys, and Rignet.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for VirTra Inc with a $9 average price target.

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VirTra Inc’s market cap is currently $39.05M and has a P/E ratio of 12.67. The company has a Price to Book ratio of 3.79.

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VirTra, Inc. engages in the development and sale of force training and marksmanship firearms training systems and accessories for law inforcement, military, educational or civilian use. It also offers simulators and related products worldwide through a direct sales force and international distribution partners.