Equities analysts expect Vectrus Inc (NYSE:VEC) to post $310.47 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Vectrus’ earnings, with the highest sales estimate coming in at $315.00 million and the lowest estimate coming in at $305.93 million. Vectrus reported sales of $269.63 million during the same quarter last year, which indicates a positive year over year growth rate of 15.1%. The company is expected to issue its next earnings results on Tuesday, November 6th.

According to Zacks, analysts expect that Vectrus will report full year sales of $1.28 billion for the current financial year. For the next financial year, analysts anticipate that the firm will post sales of $1.31 billion per share, with estimates ranging from $1.29 billion to $1.34 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that follow Vectrus.

Vectrus (NYSE:VEC) last posted its quarterly earnings results on Tuesday, August 7th. The business services provider reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.02). The business had revenue of $321.13 million for the quarter, compared to the consensus estimate of $306.20 million. Vectrus had a return on equity of 16.10% and a net margin of 5.19%.

A number of brokerages have recently weighed in on VEC. ValuEngine lowered Vectrus from a “buy” rating to a “hold” rating in a research report on Wednesday, May 9th. Noble Financial reaffirmed a “hold” rating on shares of Vectrus in a research report on Wednesday, August 8th. Finally, Zacks Investment Research raised Vectrus from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a research report on Friday, May 11th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $39.00.

Shares of Vectrus stock traded down $0.10 on Friday, reaching $34.10. 49,200 shares of the company’s stock were exchanged, compared to its average volume of 89,725. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.37 and a current ratio of 1.37. Vectrus has a 52 week low of $26.62 and a 52 week high of $41.48. The stock has a market capitalization of $398.73 million, a price-to-earnings ratio of 15.76 and a beta of 1.52.

In other news, Director Phillip Widman bought 10,000 shares of the stock in a transaction dated Monday, May 21st. The shares were bought at an average cost of $31.21 per share, with a total value of $312,100.00. Following the completion of the transaction, the director now directly owns 11,002 shares of the company’s stock, valued at $343,372.42. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Melvin Parker sold 1,377 shares of the company’s stock in a transaction that occurred on Friday, August 10th. The stock was sold at an average price of $36.04, for a total value of $49,627.08. Following the transaction, the director now directly owns 9,625 shares in the company, valued at $346,885. The disclosure for this sale can be found here. 2.80% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. purchased a new stake in Vectrus in the 1st quarter valued at $184,000. Matarin Capital Management LLC purchased a new stake in Vectrus in the 1st quarter valued at $210,000. Koch Industries Inc. purchased a new stake in Vectrus in the 1st quarter valued at $212,000. Element Capital Management LLC purchased a new stake in Vectrus in the 1st quarter valued at $228,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in Vectrus in the 1st quarter valued at $257,000. 87.83% of the stock is owned by institutional investors and hedge funds.

About Vectrus

Vectrus, Inc provides facility and logistics, and information technology and network communication services to the U.S. government worldwide. It offers facility and logistics services, such as airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations, warehouse management and distribution, and equipment maintenance, repair, and services for U.S.

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