Analysts forecast that Vectrus Inc (NYSE:VEC) will report sales of $317.12 million for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Vectrus’ earnings, with estimates ranging from $311.00 million to $320.35 million. Vectrus posted sales of $295.80 million during the same quarter last year, which would indicate a positive year over year growth rate of 7.2%. The firm is scheduled to report its next earnings report after the market closes on Tuesday, February 26th.

On average, analysts expect that Vectrus will report full year sales of $1.27 billion for the current fiscal year, with estimates ranging from $1.26 billion to $1.27 billion. For the next fiscal year, analysts expect that the firm will report sales of $1.29 billion, with estimates ranging from $1.25 billion to $1.33 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that cover Vectrus.

Several research analysts have recently issued reports on the stock. ValuEngine upgraded shares of Vectrus from a “sell” rating to a “hold” rating in a research note on Friday. Zacks Investment Research upgraded shares of Vectrus from a “sell” rating to a “hold” rating in a research report on Saturday, January 12th. TheStreet downgraded shares of Vectrus from a “b-” rating to a “c+” rating in a research report on Friday, December 14th. Finally, Drexel Hamilton restated a “hold” rating on shares of Vectrus in a research report on Monday, November 12th. Four research analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and an average target price of $41.00.

In related news, Director Melvin Parker sold 1,375 shares of the stock in a transaction that occurred on Thursday, December 20th. The shares were sold at an average price of $21.64, for a total transaction of $29,755.00. Following the transaction, the director now owns 4,125 shares in the company, valued at $89,265. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Louis J. Giuliano acquired 5,000 shares of the stock in a transaction that occurred on Thursday, December 6th. The shares were bought at an average price of $22.84 per share, for a total transaction of $114,200.00. Following the transaction, the director now owns 43,342 shares of the company’s stock, valued at $989,931.28. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 10,184 shares of company stock worth $229,637 and have sold 4,125 shares worth $95,150. 2.80% of the stock is owned by corporate insiders.

A number of institutional investors have recently modified their holdings of VEC. BlackRock Inc. lifted its position in Vectrus by 11.2% during the second quarter. BlackRock Inc. now owns 880,504 shares of the business services provider’s stock valued at $27,137,000 after purchasing an additional 88,973 shares during the period. Bank of America Corp DE raised its position in Vectrus by 70.6% in the second quarter. Bank of America Corp DE now owns 7,042 shares of the business services provider’s stock worth $217,000 after acquiring an additional 2,914 shares during the period. Millennium Management LLC raised its position in Vectrus by 1.4% in the second quarter. Millennium Management LLC now owns 115,308 shares of the business services provider’s stock worth $3,554,000 after acquiring an additional 1,594 shares during the period. Strs Ohio raised its position in Vectrus by 11.8% in the third quarter. Strs Ohio now owns 22,800 shares of the business services provider’s stock worth $711,000 after acquiring an additional 2,400 shares during the period. Finally, First Trust Advisors LP raised its position in Vectrus by 34.3% in the third quarter. First Trust Advisors LP now owns 17,084 shares of the business services provider’s stock worth $533,000 after acquiring an additional 4,364 shares during the period. Institutional investors own 87.96% of the company’s stock.

Shares of NYSE VEC traded up $0.84 during midday trading on Wednesday, hitting $28.03. The stock had a trading volume of 80,365 shares, compared to its average volume of 52,481. The company has a market cap of $315.65 million, a PE ratio of 12.92 and a beta of 1.56. Vectrus has a 52 week low of $19.61 and a 52 week high of $41.48. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.40 and a current ratio of 1.40.

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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