VRTS Intrinsic Stock Value – Joe Terranova of Virtus Investment Partners Forecasts Year-End Rally Potential
November 1, 2023
🌥️Trending News
Joe Terranova of Virtus Investment Partners ($NASDAQ:VRTS) recently forecasted a year-end rally potential. According to him, there is a chance that the stock market will experience a rally before the end of the year. He believes that the current market conditions are favorable for a potential rally and investors should be prepared for any unexpected market moves. It combines the resources and expertise of a number of independent asset managers into one unified platform.
Virtus Investment Partners is focused on delivering superior investment returns and creating long-term value for its clients. The company utilizes both quantitative and fundamental research to make informed decisions about investments. It also utilizes a disciplined approach to risk management, which helps it manage risk effectively and protect client assets.
Price History
On Tuesday, the stock of Virtus Investment Partners opened at $178.3 and came to a close at $184.2, indicating a rise of 2.5% from its previous closing price of 179.7. This is an encouraging sign for investors as it shows that Virtus Investment Partners is in a strong position to potentially rally during the year-end. With the favorable market conditions, it is possible that the stock will continue to rise in the upcoming months. It is important for investors to keep an eye on the stock and stay up to date with its performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for VRTS. More…
| Total Revenues | Net Income | Net Margin |
| 815.73 | 135.96 | 16.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for VRTS. More…
| Operations | Investing | Financing |
| 171.49 | -27.47 | -102.06 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for VRTS. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.7k | 2.75k | 116.83 |
Key Ratios Snapshot
Some of the financial key ratios for VRTS are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.8% | 4.8% | 37.8% |
| FCF Margin | ROE | ROA |
| 20.3% | 22.8% | 5.2% |
Analysis – VRTS Intrinsic Stock Value
At GoodWhale, we take pride in providing the most comprehensive analysis of VIRTUS INVESTMENT PARTNERS’s fundamentals. Our proprietary Valuation Line shows that the intrinsic value of VIRTUS INVESTMENT PARTNERS shares is around $225.2. This means that, currently, VIRTUS INVESTMENT PARTNERS stock is traded at a fair price of $184.2, which is undervalued by 18.2%. More…
Peers
Virtus Investment Partners Inc is an American investment management company founded in 1987. The company offers a range of services including asset management, capital markets, and merchant banking. Virtus Investment Partners Inc has a market capitalization of $4.85 billion as of 2019. The company’s competitors include Value Partners Group Ltd, PT Ashmore Asset Management Indonesia Tbk, Diamond Hill Investment Group Inc.
– Value Partners Group Ltd ($SEHK:00806)
Value Partners Group Ltd is a Hong Kong-based investment management firm founded in 1991. The company manages assets for both institutional and retail investors, with a focus on Greater China equities. As of 2022, Value Partners Group Ltd had a market cap of 3.5B and a Return on Equity of -1.94%. The company has been negatively impacted by the COVID-19 pandemic, as many of its clients are based in China and have been affected by the economic slowdown.
– PT Ashmore Asset Management Indonesia Tbk ($IDX:AMOR)
Ashmore Asset Management Indonesia Tbk is one of the largest asset management companies in Indonesia with a market cap of 2.48T as of 2022. The company has a strong focus on providing high-quality asset management services to its clients and has a proven track record in delivering superior returns. The company’s ROE of 33.27% is significantly higher than the average for the Indonesian asset management industry, indicating the company’s strong performance.
– Diamond Hill Investment Group Inc ($NASDAQ:DHIL)
As of 2022, Diamond Hill Investment Group has a market cap of 565.61M and a ROE of 29.78%. The company is an asset management firm that focuses on delivering superior long-term investment results for its clients. Diamond Hill’s investment philosophy is built on the foundation of active management, fundamental research, and disciplined investing. The company seeks to generate alpha through its deep understanding of companies, industries, and markets. Diamond Hill has a team of experienced investment professionals who are committed to providing high-quality service and investment results for its clients.
Summary
Virtus Investment Partners is a leading investment management firm which provides a range of services to individuals, corporate and institutional clients. Joe Terranova, an analyst with Virtus Investment Partners, believes that there is potential for a year-end rally in the markets. This prediction is based on his analysis of market conditions. He advises investors to look at stock picking and strategies that focus on value investing rather than momentum plays.
Additionally, he suggests diversifying one’s portfolio across different asset classes in order to maximize returns and manage risk.
