VircoVIRC
VIRC
About: Virco Manufacturing Corp is engaged in designing, production and distributing quality furniture for the commercial and education markets. The company manufactures an assortment of products, including mobile tables, mobile storage equipment, desks, computer furniture, chairs, and activity tables, folding chairs, and folding tables. Its primary furniture lines are constructed of tubular metal legs and frames, combined with wood and plastic tops, plastic seats and backs, upholstered seats and backs, and upholstered rigid polyethylene and polypropylene shells.
Employees: 776
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
44% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 27
2.31% more ownership
Funds ownership: 50.6% [Q3] → 52.91% (+2.31%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
5% less funds holding
Funds holding: 102 [Q3] → 97 (-5) [Q4]
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
22% less capital invested
Capital invested by funds: $114M [Q3] → $88.6M (-$25.4M) [Q4]
52% less call options, than puts
Call options by funds: $268K | Put options by funds: $559K
Research analyst outlook
We haven’t received any recent analyst ratings for VIRC.
Financial journalist opinion
Negative
Zacks Investment Research
6 days ago
Virco Q4 Loss Wider-Than-Expected, Sales Miss Estimates, Stock Down
VIRC's fourth-quarter fiscal 2024 results reflect weakness across its top and bottom lines. Click away to know in detail.
Positive
Seeking Alpha
2 months ago
Virco Mfg. Corporation: A Reshoring Play At A P/E Of 7
Virco, a small-cap company specializing in commercial and educational furniture, has seen steady 6% annual growth over the last decade. Donald Trump's tariffs on China/Mexico and tax benefits for companies that manufacture in the U.S would be a beneficial catalyst for Virco. It's trading at a P/E of 7 times (industry average of 14), just starting to pay dividends and with an active buyback plan.
Neutral
GlobeNewsWire
2 months ago
Virco Adopts New Share Repurchase Program
TORRANCE, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC), a leading manufacturer and supplier of movable furniture and equipment for educational environments and public spaces, announced today that its Board of Directors has approved a new share repurchase program for up to $10,000,000 of the Company's Common Stock. The program will commence February 1, 2025 and has no time limit.
Negative
Zacks Investment Research
4 months ago
Virco's Q3 Earnings & Sales Lag, Both Decline Y/Y, Stock Dips
VIRC's third-quarter fiscal 2024 results reflect a performance decline due to weather risks and unfavorable shipment timings. Also, high costs and expenses hurt.
Negative
Zacks Investment Research
4 months ago
Virco Manufacturing Corporation (VIRC) Lags Q3 Earnings and Revenue Estimates
Virco Manufacturing Corporation (VIRC) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.62 per share a year ago.
Neutral
GlobeNewsWire
4 months ago
Virco Reports Third Quarter Results: Robust Balance Sheet and Strengthening Cash Flows as School Furniture Market Returns to pre-Pandemic Seasonal Patterns
TORRANCE, Calif., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC) a leading manufacturer and supplier of movable furniture and equipment for educational environments and public spaces, announced results for the Company's Third Quarter and first Nine Months ended October 31, 2024:
Positive
Seeking Alpha
4 months ago
Trump Bump And Rate Cuts: 5 Small-Caps Set To Surge
SA Quant's Top 5 Small-Caps Ready For A Rally has returned over 20% in two months, beating the market, with four stocks delivering double-digit returns. Small caps initially rallied on interest rate cuts, which tend to benefit the sector by reducing borrowing costs and increasing their attractiveness relative to bonds. Trump's recent election victory caused the sector to jump, though small caps have since pulled back, presenting a potential opportunity.
Negative
Zacks Investment Research
5 months ago
3 Furniture Stocks Worth Watching Amid a Challenging Industry Landscape
Deteriorating U.S. consumer confidence and concerns for future business growth are concerns for the industry. Yet, focus on product innovation & technological solutions raises hope for SN, VIRC and FLXS.
Positive
Seeking Alpha
6 months ago
Rate Cut Winners: Top 5 Small-Caps Ready For A Rally
Small-cap stocks tend to benefit in a declining rate environment due to cheaper borrowing costs, increased investor risk appetite, and enhanced growth potential. While small-cap stocks can offer more upside than their large-cap counterparts, they can also come with higher volatility, which requires an added layer of analysis. SA Quant has identified five top Quant-rated small-cap stocks with positive factor grades, specifically momentum, growth, and profitability, that are well-positioned to benefit from the reduced rate environment.
Neutral
Seeking Alpha
7 months ago
Virco's Q2 Shows Clear Signs Of Deterioration, But Stock Is Still A Hold
Virco's 2Q25 revenues surprised positively, despite a declining backlog, due to improved order processing and continued disaster relief shipments. Management is cautious about future trends, removing the 'shipments plus backlog' figure and warning of post-pandemic recovery uncertainties. Higher shipping costs could benefit Virco by increasing competitors' costs, but the fading ESSER stimulus poses a revenue risk.
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