4 Things You Need to Know Before You Buy Virtu Financial Stock

Zacks11-20

Virtu Financial, Inc. VIRT, a leading financial services company, is well poised to grow on the back of its diversified business and efficiency-improving efforts. Headquartered in New York, Virtu ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2484975428?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/nBLsyXUOqt5R0uydgCeP1Q--~B/aD00MTQ7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/432c82325b0a409c39f8f58f21430821","is_english":true,"pubTime":"2024-11-20 00:34","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2484975428","market":"us","top_or_hot":-1,"title":"4 Things You Need to Know Before You Buy Virtu Financial Stock","media":"Zacks","content":"<div>\n<p>Virtu Financial, Inc. VIRT, a leading financial services company, is well poised to grow on the back of its diversified business and efficiency-improving efforts. Headquartered in New York, Virtu ...</p>\n\n<a href=\"https://finance.yahoo.com/news/4-things-know-buy-virtu-163400701.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Things You Need to Know Before You Buy Virtu Financial Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Things You Need to Know Before You Buy Virtu Financial Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-20 00:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/4-things-know-buy-virtu-163400701.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Virtu Financial, Inc. VIRT, a leading financial services company, is well poised to grow on the back of its diversified business and efficiency-improving efforts. Headquartered in New York, Virtu ...</p>\n\n<a href=\"https://finance.yahoo.com/news/4-things-know-buy-virtu-163400701.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4535","symbol_name":"淡马锡持仓","start_time":0,"source_url":"https://finance.yahoo.com/news/4-things-know-buy-virtu-163400701.html","article_id":"2484975428","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/nBLsyXUOqt5R0uydgCeP1Q--~B/aD00MTQ7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/432c82325b0a409c39f8f58f21430821"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484975428","pubTimestamp":1732034040,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Virtu Financial, Inc. VIRT, a leading financial services company, is well poised to grow on the back of its diversified business and efficiency-improving efforts. Headquartered in New York, Virtu Financial has a market cap of $5.56 billion.Its shares have returned 77.4% in the year-to-date period, outperforming both the industry and the S&P 500 Index. Over this timeframe, the industry and the S&P 500 Index have gained 15.8% and 23.9%, respectively.Financial Strength: It exited the third quarter with cash and cash equivalents of $701.4 million, much higher than its short-term borrowings of $128.8 million. Its operating cash flow increased 13% in the trailing 12-month period to $556 million. Its financial flexibility enables it to take shareholder-friendly moves. In 2023, Virtu Financial bought back shares worth around $210 million. In the third quarter of 2024, it returned $48 million through buybacks. It had around $479.3 million remaining under its share buyback authorization at the t","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4535":"淡马锡持仓","BK4127":"投资银行业与经纪业","BK4135":"资产管理与托管银行","LU1878469433.USD":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC","IE00B19Z6F94.USD":"Legg Mason Royce - US Smaller Companies A Acc USD","JXN":"Jackson Financial Inc","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","BK4184":"其它综合性金融服务","WT":"智慧树投资","HLI":"华利安","VIRT":"Virtu Financial, Inc.","BK4532":"文艺复兴科技持仓"},"translate_title":"购买Virtu Financial股票之前您需要了解的4件事","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JXN":1,"VIRT":1,"WT":1,"HLI":0.9},"content_text":"Virtu Financial, Inc. VIRT, a leading financial services company, is well poised to grow on the back of its diversified business and efficiency-improving efforts. Headquartered in New York, Virtu Financial has a market cap of $5.56 billion.\nIts shares have returned 77.4% in the year-to-date period, outperforming both the industry and the S&P 500 Index. Over this timeframe, the industry and the S&P 500 Index have gained 15.8% and 23.9%, respectively. \nVIRT YTD Price Performance\n Image Source: Zacks Investment Research\nBefore buying the stock, here are four things that investors should know.\nUndervalued: Despite recent price appreciation, the stock is currently trading at a discount. Its forward 12-month price-to-earnings ratio of 11.75X is below the industry average of 16.09X. The company's underlying fundamentals are comparatively strong, as evidenced by a Value Score of B. These positive factors are likely to help the company maintain its share growth trajectory and continue outperforming the industry, making it an excellent choice for your portfolio.\nFinancial Strength: It exited the third quarter with cash and cash equivalents of $701.4 million, much higher than its short-term borrowings of $128.8 million. Its operating cash flow increased 13% in the trailing 12-month period to $556 million. Its financial flexibility enables it to take shareholder-friendly moves. In 2023, Virtu Financial bought back shares worth around $210 million. In the third quarter of 2024, it returned $48 million through buybacks. It had around $479.3 million remaining under its share buyback authorization at the third-quarter end. Its dividend yield of 2.7% is higher than the industry average of 1.7%.\nStrong Execution Services Unit: Virtu’s Execution Services segment has benefited significantly from the ITG acquisition, which diversified its revenue streams and strengthened its core technology offerings. Key products like POSIT Alert, Triton Valor EMS, and trading analytics have driven performance, with global equity execution for a top Asian asset manager highlighting its capabilities. In the first nine months of the year, the segment achieved over 9% revenue growth, reversing a three-year decline. Continued growth in average adjusted net trading income per day is expected to further enhance Virtu’s overall financial results.\nEncouraging Estimates: Reflecting the positive sentiment around Virtu, the Zacks Consensus Estimate for earnings per share has seen upward revisions. The consensus estimate for 2024 adjusted earnings for VIRT is currently pegged at $3.15 per share, indicating a 71.2% year-over-year surge. It beat earnings estimates in three of the past four quarters and missed once, with an average surprise of 8%. The consensus estimate for 2024 revenues suggests 24.5% year-over-year growth.\n\nVirtu Financial, Inc. Price and EPS Surprise\n  \nVirtu Financial, Inc. price-eps-surprise | Virtu Financial, Inc. Quote\n\nKey Risk\nHowever, there is one factor that investors should keep an eye on.\nWith the market stabilizing fast, Virtu Financial’s performance might suffer as it gains traction from market volatility. As such, it will have to depend further on its diversification efforts.\nNevertheless, we believe that a systematic and strategic plan of action will drive this Zacks Rank #1 (Strong Buy) company’s growth in the long term. You can see the complete list of today’s Zacks #1 Rank stocks here.\nOther Top-Ranked Players\nInvestors interested in the broader Finance space may look at some other top-ranked players like Jackson Financial Inc. JXN, WisdomTree, Inc. WT and Houlihan Lokey, Inc. HLI. While Jackson Financial currently sports a Zacks Rank #1, WisdomTree and Houlihan Lokey carry a Zacks Rank #2 (Buy) each.\nThe Zacks Consensus Estimate for Jackson Financial’s current-year earnings is pegged at $18.80 per share, which indicates 46.4% year-over-year growth. It witnessed two upward estimate revisions in the past 60 days against no downward movement. The consensus mark for JXN’s current year revenues suggests a 119.7% surge from a year ago.\nThe Zacks Consensus Estimate for WisdomTree’s 2024 earnings indicates 75.7% year-over-year growth. During the past month, WT has witnessed three upward estimate revisions against none in the opposite direction. It beat earnings estimates thrice in the past four quarters and met once, with an average surprise of 7.3%.\nThe Zacks Consensus Estimate for Houlihan Lokey’s current-year earnings suggests a 29% year-over-year increase. During the past month, HLI has witnessed two upward estimate revisions against none in the opposite direction. The consensus mark for current-year revenues is pegged at $2.3 million, indicating a 19.6% increase from a year ago.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nVirtu Financial, Inc. (VIRT) : Free Stock Analysis Report\nHoulihan Lokey, Inc. (HLI) : Free Stock Analysis Report\n$Jackson Financial Inc(JXN-A)$. (JXN) : Free Stock Analysis Report\nWisdomTree, Inc. (WT) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484975428"}