Virco: The Wind Of Fortune Is Blowing In Its Favor [Seeking Alpha]
Virco Manufacturing Corporation (VIRC)
US:NASDAQ Investor Relations:
virco.com/investors
Company Research
Source: Seeking Alpha
Summary Virco benefited from the post-Covid-19 supply chain changes, leveraging extreme seasonality and the Price/Cube Threshold for competitive advantage in the US school furniture market. Despite average financial standing, Virco's recent revenue growth and profitability outpace peers. But these were driven by external supply chain factors rather than internal efficiencies. With a 40% margin of safety, Virco's current competitive position makes it a viable investment opportunity, with potential for transformation if operational efficiencies improve. pidjoe Investment Thesis Virco Manufacturing Corp. ( NASDAQ: VIRC ) is benefiting from the change in the supply-chain picture post-Covid-19. Two characteristics of the US school purchasing process - extreme seasonality and high Price/Cube Threshold - have given it a moat. This has enabled the company to significantly grow revenue and profitability. At the same time, the market has yet to recognize this change of fortune, m
Show less
Read more
Impact Snapshot
Event Time:
VIRC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VIRC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VIRC alerts
High impacting Virco Manufacturing Corporation news events
Weekly update
A roundup of the hottest topics
VIRC
News
- Virco's Q2 Shows Clear Signs Of Deterioration, But Stock Is Still A Hold [Seeking Alpha]Seeking Alpha
- Virco Manufacturing Corporation (VIRC) Surpasses Q2 Earnings Estimates [Yahoo! Finance]Yahoo! Finance
- Virco Reports Improved Financial Position Following Record Second Quarter and First Half ResultsGlobeNewswire
- Virco Gears Up to Report Q2 Earnings: What in the Offing? [Yahoo! Finance]Yahoo! Finance
- Is Virco Mfg. Corporation's (NASDAQ:VIRC) Stock's Recent Performance Being Led By Its Attractive Financial Prospects? [Yahoo! Finance]Yahoo! Finance
VIRC
Sec Filings
- 9/17/24 - Form 4
- 9/9/24 - Form 10-Q
- 9/9/24 - Form 8-K
- VIRC's page on the SEC website