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VRTU $51.33

VRTU target price
51.33
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Virtusa Corporation
Type
Public.
Traded as NASDAQ: VRTU
S&P 600 Component
Industry Information technology services
Founded 1996- Massachusetts, United States
Founder Kris Canekeratne
Tushara Canekeratne
John Gillis
Sandy Gillis
Headquarters Westborough, Massachusetts, United States
Area served
United States, United Kingdom, Germany, the Netherlands, Hungary, India, Singapore and Sri Lanka
Services IT consulting, business consulting, application development, product development, legacy asset management
Revenue $ Increase $858.7 million (FY17)
Net income
$ Increase 34.4 million (FY15)
Number of employees
18,500 (2017)
Website www.virtusa.com

Virtusa Corporation (NASDAQ: VRTU) is a global information technology services company founded in 1996 with its headquarters in Westborough, Massachusetts, United States. The company provides IT consulting, business consulting, systems implementation and application outsourcing services to large enterprises and software vendors.

The company, founded in 1996, has delivery centers in the United States, the United Kingdom, Singapore, Germany, Malaysia, the Netherlands, India, and Sri Lanka.

On 31 December 2014, Virtusa had 112 clients across the world, with 9023 employees.

Virtusa has a global presence with offices throughout US, Europe and Asia, and advanced development centers in the United States, Europe and Asia.

Some of its key competitors in the offshore IT services industry include Infosys, Wipro, Cognizant, Mphasis, HCL and Tata Consultancy Services.

The company has a community support program that focuses on education and uses its IT competencies for meeting the needs of the community.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q4 2020 2021-05-11 Future report Set alerts
Q3 2020 2021-02-09 1.03 1.03
Q2 2020 2020-11-03 0.53 0.00
Q1 2020 2020-07-30 0.20 -0.01
Q4 2019 2020-05-13 0.41 0.66
Q3 2019 2020-02-06 0.78 0.38
Q2 2019 2019-11-07 0.54 0.20
Q1 2019 2019-08-08 0.41 0.15
Q4 2018 2019-05-15 0.46 0.24
Q3 2018 2019-02-07 0.61 0.37

Ratings

2016-07-06 Reiterated Rating Cantor Fitzgerald Buy $40.00
2016-06-29 Reiterated Rating Maxim Group Buy $46.00 to $42.00
2016-06-29 Reiterated Rating Cantor Fitzgerald Buy $40.00
2016-05-17 Reiterated Rating Needham & Company LLC Buy $60.00 to $45.00
2016-05-17 Lower Price Target Barrington Research Outperform $50.00 to $46.00
2016-05-16 Lower Price Target Maxim Group Buy $55.00 to $46.00
2016-05-16 Reiterated Rating Cantor Fitzgerald Buy
2016-05-15 Reiterated Rating Barrington Research Buy $50.00
2016-04-22 Lower Price Target Maxim Group Buy $58.00 to $55.00
2016-02-19 Upgrade SunTrust Neutral to Buy $52.00 to $40.00
2016-02-19 Upgrade SunTrust Banks Inc. Neutral to Buy $52.00 to $40.00
2016-02-18 Initiated Coverage Cowen and Company Market Perform $39.00
2016-02-09 Lower Price Target Barrington Research Outperform $67.00 to $50.00
2016-02-09 Reiterated Rating Needham & Company LLC Buy $65.00 to $60.00
2016-02-08 Lower Price Target Maxim Group Buy $66.00 to $58.00
2016-02-08 Reiterated Rating Cantor Fitzgerald Buy $66.00
2015-12-17 Initiated Coverage Sterne Agee CRT Neutral $50.00
2015-11-05 Boost Price Target Barrington Research Outperform $57.00 to $67.00
2015-11-05 Boost Price Target Needham & Company LLC Buy $55.00 to $65.00
2015-11-04 Reiterated Rating Maxim Group Buy $55.00 to $66.00
2015-10-16 Initiated Coverage Cantor Fitzgerald Buy $60.00
2015-08-20 Initiated Coverage Barrington Research Outperform $57.00
2015-08-17 Reiterated Rating Needham & Company LLC Buy
2015-08-14 Boost Price Target JPMorgan Chase & Co. $50.00 to $59.00
2015-07-29 Boost Price Target Needham & Company LLC Buy $52.00 to $55.00
2015-06-09 Initiated Coverage Sidoti Neutral $50.00
2015-06-08 Boost Price Target Maxim Group Buy $44.00 to $57.00
2015-05-23 Reiterated Rating Needham & Company LLC Buy $44.00 to $52.00
2015-05-12 Boost Price Target Needham & Company LLC Buy $44.00 to $52.00
2015-01-15 Boost Price Target JPMorgan Chase & Co. Overweight $43.00 to $45.00
2014-12-19 Initiated Coverage SunTrust Neutral $42.00
2014-09-09 Upgrade JPMorgan Chase & Co. Neutral to Overweight $36.00 to $39.00
2014-08-15 Initiated Coverage Maxim Group Buy $46.00 to $46.00
2014-08-06 Upgrade Noble Financial Hold to Buy $39.00
2013-11-05 Boost Price Target Needham & Company LLC Buy $30.00 to $35.00
2011-12-21 Initiated BB&T Capital Mkts Hold
2009-01-29 Reiterated Needham Buy $7 to $10
2008-11-07 Initiated Noble Financial Buy $7
2008-07-31 Reiterated Needham Buy $15 to $10
2008-07-18 Downgrade JP Morgan Overweight to Neutral
2016-07-06 Reiterated Rating Cantor Fitzgerald Buy $40.00
2016-06-29 Reiterated Rating Maxim Group Buy $46.00 to $42.00
2016-06-29 Reiterated Rating Cantor Fitzgerald Buy $40.00
2016-05-17 Reiterated Rating Needham & Company LLC Buy $60.00 to $45.00
2016-05-17 Lower Price Target Barrington Research Outperform $50.00 to $46.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
TRUST MARTIN 2.15%  (627524) VRTU /
Canekeratne Kris A Chairman & CEO 0.67%  (195261) VRTU /
Modder Roger Keith EVP & COO 0.62%  (181945) VRTU /
Moriarty Rowland T 0.41%  (119715) VRTU /
Kalia Ranjan EVP & Chief Financial Officer 0.37%  (109005) VRTU /
Goyal Jitin President, BFS 0.34%  (100146) VRTU /
Dhir Samir EVP, CDO and Head of India Ops 0.26%  (76021) VRTU /
Rajgopal Raj President 0.16%  (46353) VRTU /
MAHEU RONALD T 0.13%  (39394) CRAI / VRTU / WEX /
Holler Thomas R EVP and CSO 0.13%  (38189) VRTU /
Narayanan Sundararajan EVP, CPO and Global Head of HR 0.12%  (35418) VRTU /
O'Brien William K 0.04%  (12846) VRTU /
Ramji Al Noor 0.04%  (12846) AGII / VRTU /
Armony Izhar 0.04%  (12846) VRTU /
Nearhos Barry R 0.04%  (11220) VRTU /
DAVOLI ROBERT E 0.03%  (9996) VRTU /
DOODY JOSEPH 0.02%  (7217) CWST / PAYX / SPLS / VRTU /
Orogen Viper LLC 0.02%  (5821) VRTU /