Virco Manufacturing Corporation (VIRC, Financial) announced its fiscal year 2025 revenue figures, posting $266.2 million compared to $269.1 million the previous year. This modest decline comes as the company celebrates its 75th anniversary, highlighting its long-standing commitment to supporting the education sector.
Despite the drop in revenue, the company remains focused on maintaining high service and quality standards, emphasizing the importance of operational readiness and financial resilience in tackling challenges such as those experienced during the COVID-19 pandemic and recent supply chain disruptions.
Virco attributes its ability to navigate these challenges to its experienced workforce and robust operational strategies. The company continues its mission to support educational institutions, underlining the significance of its role in the manufacturing sector and its commitment to preserving manufacturing jobs in the United States.
As educational communities recover from past disruptions, Virco aims to leverage its expertise to seize emerging opportunities, ensuring that it remains a reliable partner for students, families, and educators. The company also expressed appreciation to its shareholders for their sustained support of Virco's long-term vision.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Virco Manufacturing Corp (VIRC, Financial) is $17.00 with a high estimate of $17.00 and a low estimate of $17.00. The average target implies an upside of 65.05% from the current price of $10.30. More detailed estimate data can be found on the Virco Manufacturing Corp (VIRC) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Virco Manufacturing Corp's (VIRC, Financial) average brokerage recommendation is currently 1.0, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Virco Manufacturing Corp (VIRC, Financial) in one year is $5.98, suggesting a downside of 41.94% from the current price of $10.3. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Virco Manufacturing Corp (VIRC) Summary page.
