Why the growth investor may take a look at NASDAQ:VIRC.

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if VIRCO MFG CORPORATION (NASDAQ:VIRC) is suited for growth investing. Investors should of course do their own research, but we spotted VIRCO MFG CORPORATION showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

What matters for canslim investors.

• The recent financial report of VIRCO MFG CORPORATION demonstrates a 58.33% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• VIRCO MFG CORPORATION has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 29.62%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• The EPS of VIRCO MFG CORPORATION has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• The Return on Equity(ROE) of VIRCO MFG CORPORATION is 31.65%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• VIRCO MFG CORPORATION has exhibited strong Relative Strength(RS) in recent periods, with a current 98.47 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. VIRCO MFG CORPORATION shows promising potential for continued price momentum.
• VIRCO MFG CORPORATION maintains a healthy Debt-to-Equity ratio of 0.17. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• With institutional shareholders at 18.72%, VIRCO MFG CORPORATION demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

Technical Analysis Observations

ChartMill employs a sophisticated system to assign a Technical Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple technical indicators and properties.

We assign a technical rating of 8 out of 10 to VIRC. Although VIRC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

• The long and short term trends are both positive. This is looking good!
• VIRC is part of the Commercial Services & Supplies industry. There are 79 other stocks in this industry. VIRC outperforms 96% of them.
• VIRC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VIRC is performing more or less in line with the market.
• In the last month VIRC has a been trading in the 5.06 - 8.24 range, which is quite wide. It is currently trading near the high of this range.
• Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
• When comparing the yearly performance of all stocks, we notice that VIRC is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.

Our latest full technical report of VIRC contains the most current technical analsysis.

Zooming in on the fundamentals.

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

Taking everything into account, VIRC scores 5 out of 10 in our fundamental rating. VIRC was compared to 79 industry peers in the Commercial Services & Supplies industry. There are concerns on the financial health of VIRC while its profitability can be described as average. VIRC has a decent growth rate and is not valued too expensively.

Check the latest full fundamental report of VIRC for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.