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Building an investment portfolio from scratch can be difficult, especially if you're new to investing. It's easy to feel overwhelmed with so many different investment options out there, but focusing on stocks that are set to outperform the market over the next 12 months is an excellent place to start.
Now, let's take a deep dive into a great stock that could be just the right addition to your portfolio.
Why You Should Pay Attention to Virtu Financial (VIRT)
Headquartered in New York, NY, Virtu Financial is a market-leading financial services firm that leverages cutting-edge technology to provide execution services and data, analytics and connectivity products to its clients and deliver liquidity to the global markets. It provides a wide array of offerings in execution, liquidity sourcing, analytics and broker-neutral, multi-dealer platforms in workflow technology. The company was founded in 2008.
VIRT was added to the Zacks Focus List on July 31, 2023 at $18.90 per share. Since then, shares have increased 87.94% to $35.52.
For fiscal 2025, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.52 to $3.69. VIRT boasts an average earnings surprise of 25.1%.
Earnings for Virtu Financial are forecasted to see growth of 3.9% for the current fiscal year as well.
Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks like VIRT offer investors a great opportunity to get into a company whose future earnings estimates will be raised, potentially leading to price momentum.
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Virtu Financial, Inc. (VIRT) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).