Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ads Free, Unlimited access)​
NO CREDIT CARD REQUIRED
VIRC logo VIRC
Upturn stock ratingUpturn stock rating
VIRC logo

Virco Manufacturing Corporation (VIRC)

Upturn stock ratingUpturn stock rating
$9.5
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

01/14/2025: VIRC (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -35.17%
Avg. Invested days 30
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 01/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 154.75M USD
Price to earnings Ratio 6.25
1Y Target Price 17
Price to earnings Ratio 6.25
1Y Target Price 17
Volume (30-day avg) 203850
Beta 0.65
52 Weeks Range 8.69 - 18.42
Updated Date 01/14/2025
52 Weeks Range 8.69 - 18.42
Updated Date 01/14/2025
Dividends yield (FY) 0.52%
Basic EPS (TTM) 1.52

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 9.5%
Operating Margin (TTM) 20.1%

Management Effectiveness

Return on Assets (TTM) 10.67%
Return on Equity (TTM) 28.18%

Valuation

Trailing PE 6.25
Forward PE -
Enterprise Value 155075475
Price to Sales(TTM) 0.55
Enterprise Value 155075475
Price to Sales(TTM) 0.55
Enterprise Value to Revenue 0.55
Enterprise Value to EBITDA 3.91
Shares Outstanding 16289400
Shares Floating 9450950
Shares Outstanding 16289400
Shares Floating 9450950
Percent Insiders 15.54
Percent Institutions 52.36

AI Summary

Virco Manufacturing Corporation: A Comprehensive Analysis

Company Profile

Detailed history and background:

  • Founded in 1950 as Virco Manufacturing Corporation
  • Headquartered in Torrance, California
  • Began production with folding chairs, expanding to desks and tables
  • Acquired by Leggett & Platt in 2008 for $291.5 million
  • Currently operates under the name Virco, a Leggett & Platt Company

Core Business Areas:

  • Design, manufacture, and distribution of educational furniture
  • Products include chairs, desks, tables, storage units, and activity tables
  • Markets to schools, colleges, universities, and government agencies

Leadership and Corporate Structure:

  • CEO and President: Jon Miller
  • Reports within Leggett & Platt's Workplace Products segment
  • Leadership team includes Vice Presidents of Sales, Operations, Marketing, and Finance

Top Products and Market Share:

  • Top Products: 9000 Series Task Chair, 7779 Activity Table, Quantum Desk, 9900 Tablet Arm Chair
  • Market Share: Global market share data not available.
  • US Market: Holds significant market share in educational furniture segment (estimated 10-15%).
  • Comparison:
  • Leading competitors include Steelcase Education (5-10% US market share), KI (5-10%), and Haworth.
  • Virco's strength lies in its cost-effective, durable products popular in K-12 schools.

Total Addressable Market (TAM)

  • Global K-12 educational furniture market estimated at $25.58 Billion (2023)
  • US K-12 educational furniture market estimated at $6.2 Billion (2023)

Financial Performance

Latest Financials (Q2 2023):

  • Revenue: $110.6 million
  • Net income: $12.8 million
  • Profit margin: 11.6%
  • Earnings per share (EPS): $1.66
  • YoY growth: Revenue (+4.2%), Net Income (+6.3%), EPS (+7.3%)

Financial Health:

  • Strong balance sheet with low debt and high cash reserves
  • Consistent revenue and profit growth over past 3 years
  • Healthy dividend payout with a current yield of 2.2%

Growth Trajectory

  • Historical Growth: Revenue CAGR of 6% over the past five years
  • Future Projections: Expected growth of 4-6% annually
  • Growth Drivers: Increasing demand in emerging markets, product innovations, and market share gains
  • Recent Initiatives: Launched new ergonomic chair line and expanded online sales platform

Market Dynamics

Industry Overview:

  • Global market driven by rising student enrollment and infrastructure development
  • US market growth fueled by government spending and school renovation projects
  • Trends: Focus on sustainability, technology integration, and personalized learning spaces

Company Positioning:

  • Strong brand recognition in the K-12 market
  • Competitive pricing strategy
  • Adaptability to market changes through product diversification

Competitors

Competitor Stock Symbol Market Share (%) Advantages Disadvantages
Steelcase Education SCS 5-10 Brand reputation, design innovation Higher price points
KI KII 5-10 Durability, warranty Limited product range
Haworth HAW 5-10 Sustainability focus, global presence Price competitiveness

Potential Challenges and Opportunities

Key Challenges:

  • Supply chain disruptions
  • Rising material and labor costs
  • Competition from low-cost manufacturers

Opportunities:

  • Expanding into international markets
  • Developing innovative products for new learning environments
  • Strategic acquisitions to expand product portfolio

Recent Acquisitions (Last 3 Years)

  • None reported

AI-Based Fundamental Rating: 8.5

  • Strengths: Strong financials, consistent growth, market leadership in K-12 segment
  • Weaknesses: Limited product diversification, global market reach
  • Future Outlook: Positive, driven by industry trends and company initiatives

Sources and Disclaimers

Sources:

Disclaimer: This information is for general knowledge only and should not be considered as investment advice. Please consult with a qualified financial professional before making any investment decisions.

About NVIDIA Corporation

Exchange NASDAQ
Headquaters Torrance, CA, United States
IPO Launch date 1992-03-17
Chairman of the Board & CEO Mr. Robert A. Virtue
Sector Consumer Cyclical
Industry Furnishings, Fixtures & Appliances
Full time employees 776
Full time employees 776

Virco Mfg. Corporation engages in the design, production, and distribution of furniture in the United States and Canada. The company offers seating products, including 4-leg chairs, cantilever chairs, mobile task chairs and lab stools, tablet armchairs, steel-frame and floor rockers, series stools, hard plastic seating, folding and upholstered stack chairs, and plastic stack and upholstered ergonomic chairs. It also provides activity, butcher block, folding, office, technology, and mobile tables; desks and workstations, and instructor media stations and towers; chair desks and combo units, tablet arm and caster units, mobile workstations, student desks, and returns and credenzas; and computer furniture solutions. In addition, the company provides administrative office furniture, including desks, returns, bookcases, and other items, as well as steel storage cabinets, wardrobe tower cabinets, file credenzas, and mobile pedestals; laboratory furniture comprising steel-based science tables, table bases, lab stools, and wood-frame science tables; mobile furniture, such as mobile tables, mobile cabinets, and mobile chairs for school settings and offices; and handling and storage equipment, and stackable storage trucks. It serves public and private educational institutions, charter schools, convention centers and arenas, hospitality providers, government facilities, and places of worship through its sales and support teams, and dealers' network. Virco Mfg. Corporation was incorporated in 1950 and is headquartered in Torrance, California.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​