Analysts Set Vectrus, Inc. (VEC) PT at $37.00
Shares of Vectrus, Inc. (NYSE:VEC) have been assigned a consensus rating of “Buy” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $37.00.
VEC has been the topic of several research reports. Zacks Investment Research upgraded shares of Vectrus from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research report on Wednesday, October 18th. ValuEngine upgraded shares of Vectrus from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Stifel Nicolaus reiterated a “hold” rating and set a $37.00 price target on shares of Vectrus in a research report on Tuesday. Finally, BidaskClub downgraded shares of Vectrus from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st.
Shares of Vectrus (VEC) traded down $0.01 during midday trading on Tuesday, reaching $32.40. 58,700 shares of the company traded hands, compared to its average volume of 88,816. The firm has a market cap of $360.11, a P/E ratio of 17.90 and a beta of 2.18. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.37. Vectrus has a 1-year low of $20.73 and a 1-year high of $35.58.
Vectrus (NYSE:VEC) last issued its quarterly earnings results on Tuesday, November 7th. The business services provider reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.10. The business had revenue of $269.60 million for the quarter, compared to the consensus estimate of $247.50 million. Vectrus had a net margin of 2.02% and a return on equity of 17.25%. The firm’s quarterly revenue was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.60 EPS. research analysts predict that Vectrus will post 2 earnings per share for the current year.
Vectrus Company Profile
Vectrus, Inc is a provider of services to the United States Government across the world. The Company offers services, including infrastructure asset management, logistics and supply chain management, and information technology and network communication. Its infrastructure asset management services support the United States Army, Air Force and Navy, and include infrastructure services, security, warehouse management and distribution, ammunition management, civil engineering, air base maintenance and operations, communications, emergency services, transportation, and life support activities at various global military installations.
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