Vectrus, Inc. (VEC) Earns “Hold” Rating from Stifel Nicolaus
Stifel Nicolaus reissued their hold rating on shares of Vectrus, Inc. (NYSE:VEC) in a research report report published on Tuesday, MarketBeat Ratings reports. They currently have a $37.00 price target on the business services provider’s stock.
A number of other research analysts also recently weighed in on the stock. BidaskClub downgraded shares of Vectrus from a strong-buy rating to a buy rating in a research report on Monday, July 31st. Zacks Investment Research upgraded shares of Vectrus from a hold rating to a buy rating and set a $37.00 price objective for the company in a research report on Wednesday, October 18th. Finally, ValuEngine upgraded shares of Vectrus from a hold rating to a buy rating in a research report on Monday, October 2nd. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Vectrus presently has a consensus rating of Buy and an average target price of $37.00.
Vectrus (VEC) opened at $32.40 on Tuesday. The firm has a market cap of $360.11, a PE ratio of 17.90 and a beta of 2.18. Vectrus has a 1 year low of $20.73 and a 1 year high of $35.58. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.33 and a quick ratio of 1.33.
Vectrus (NYSE:VEC) last issued its quarterly earnings data on Tuesday, November 7th. The business services provider reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.10. The business had revenue of $269.60 million during 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 company’s revenue was down 5.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.60 earnings per share. sell-side analysts expect that Vectrus will post 2 EPS for the current year.
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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