Virtu Financial, Inc. (VIRT) Makes An Interesting Case To Watch

Virtu Financial, Inc. (NASDAQ:VIRT)’s interesting series of developments are underway around the US stock market these days. Now trading with a market value of 3.84B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. In light of the many issues surrounding this company, we thought it was a good time to take a close look at the numbers in order to form a realistic perspective on the fundamental picture for this stock.

Virtu Financial, Inc. (NASDAQ:VIRT) Fundamentals That Matter

It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For VIRT, the company currently has 22.97 million of cash on the books, which is offset by 0 in current liabilities. The trend over time is important to note. In this case, the company’s debt has been growing. The company also has 1.73 billion in total assets, balanced by 0 in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.

Virtu Financial, Inc. saw 403128 in free cash flow last quarter, representing a quarterly net change in cash of 238486. Perhaps most importantly where cash movements are concerned, the company saw about 377325 in net operating cash flow.

Virtu Financial, Inc. (NASDAQ:VIRT) Revenue Growth Potential

As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 378.46 million in total revenues. That represents a quarterly year/year change in revenues of 0.13% in sequential terms, the VIRT saw sales decline by 0.04%.

But what about the bottom line? After all, that’s what really matters in the end. Virtu Financial, Inc. is intriguing when broken down to its core data. The cost of selling goods last quarter was 445.04 million, yielding a gross basic income of 66.58 million. For shareholders, given the total diluted outstanding shares of 187.86M, this means overall earnings per share of -270. Note, this compares with a consensus analyst forecast of 0.41 in earnings per share for its next fiscal quarterly report.

Is Virtu Financial, Inc. (NASDAQ:VIRT) Valuation Attractive

Looking ahead at valuations, according to the consensus, the next fiscal year is forecast to bring about 1.73 in total earnings per share. However, one should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon on Virtu Financial, Inc..