VirTra Inc Receives a Buy from Maxim Group

By Carrie Williams

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 $4.85.

Klee commented:

“We project 2Q18 revenue of $4.5 million, down 14% from a tough comparison in the prior year quarter. We expect 2Q18 gross margins of 62.0% and operating margins of 7.5% resulting in $0.04 in non-GAAP EPS.”

According to TipRanks.com, Klee is a 2-star analyst with an average return of 3.6% and a 47.1% success rate. Klee covers the Technology sector, focusing on stocks such as Helios & Matheson North America Inc, Net 1 Ueps, and Stampscom.

Currently, the analyst consensus on VirTra Inc is a Moderate Buy with an average price target of $9.

See today’s analyst top recommended stocks >>

VirTra Inc’s market cap is currently $38.34M and has a P/E ratio of 12.44. The company has a Price to Book ratio of 3.72.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.