Virtusa Corp (VRTU) Files 10-K for the Fiscal Year Ended on March 31, 2019

Virtusa Corp (VRTU, Financial) files its latest 10-K with SEC for the fiscal year ended on March 31, 2019. Virtusa Corp is an information technology services company. It uses an offshore delivery model to provide various information technology services, including IT consulting, technology implementation and application outsourcing. Virtusa Corp has a market cap of $1.3 billion; its shares were traded at around $43.51 with a P/E ratio of 117.62 and P/S ratio of 1.12. Virtusa Corp had annual average EBITDA growth of 15.50% over the past ten years. GuruFocus rated Virtusa Corp the business predictability rank of 3.5-star.

For the last quarter Virtusa Corp reported a revenue of $327.6 million, compared with the revenue of $281.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.2 billion, an increase of 22.3% from last year. For the last five years Virtusa Corp had an average revenue growth rate of 27% a year.

The reported diluted earnings per share was 38 cents for the year, an increase of -522.2% from previous year. The Virtusa Corp had an operating margin of 5.63%, compared with the operating margin of 4.54% a year before. The 10-year historical median operating margin of Virtusa Corp is 8.00%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Virtusa Corp has the cash and cash equivalents of $189.7 million, compared with $194.9 million in the previous year. The long term debt was $351.3 million, compared with $288.2 million in the previous year. The interest coverage to the debt is 3.9. Virtusa Corp has a financial strength rank of 6 (out of 10).

At the current stock price of $43.51, Virtusa Corp is traded at 23.9% discount to its historical median P/S valuation band of $57.20. The P/S ratio of the stock is 1.12, while the historical median P/S ratio is 1.46. The intrinsic value of the stock is $3.96 a share, according to GuruFocus DCF Calculator. The stock lost 12.14% during the past 12 months.

CEO Recent Trades:

  • Chairman & CEO Kris A Canekeratne sold 12,000 shares of VRTU stock on 05/03/2019 at the average price of $55.05. The price of the stock has decreased by 20.96% since.
  • Chairman & CEO Kris A Canekeratne sold 7,500 shares of VRTU stock on 05/01/2019 at the average price of $54.97. The price of the stock has decreased by 20.85% since.

Directors and Officers Recent Trades:

  • President Samir Dhir sold 4,000 shares of VRTU stock on 05/01/2019 at the average price of $54.99. The price of the stock has decreased by 20.88% since.

For the complete 20-year historical financial data of VRTU, click here.