Equities analysts expect Vectrus Inc (NYSE:VEC) to announce sales of $309.29 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Vectrus’ earnings, with the lowest sales estimate coming in at $305.00 million and the highest estimate coming in at $313.58 million. Vectrus reported sales of $290.06 million in the same quarter last year, which indicates a positive year-over-year growth rate of 6.6%. The business is scheduled to announce its next earnings report on Tuesday, May 8th.
According to Zacks, analysts expect that Vectrus will report full-year sales of $309.29 million for the current year. For the next year, analysts expect that the business will report sales of $1.29 billion per share. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Vectrus.
Vectrus (NYSE:VEC) last released its earnings results on Thursday, March 1st. The business services provider reported $0.57 EPS for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.18. The company had revenue of $295.80 million for the quarter, compared to analysts’ expectations of $275.82 million. Vectrus had a return on equity of 16.68% and a net margin of 5.34%.
VEC has been the topic of a number of recent analyst reports. Stifel Nicolaus reiterated a “hold” rating and set a $37.00 target price on shares of Vectrus in a research note on Tuesday, November 21st. TheStreet upgraded Vectrus from a “c” rating to a “b-” rating in a research note on Monday, November 27th. Zacks Investment Research cut Vectrus from a “buy” rating to a “hold” rating in a research note on Saturday, January 13th. ValuEngine upgraded Vectrus from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, Noble Financial reiterated a “hold” rating on shares of Vectrus in a research note on Friday, March 2nd. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Vectrus presently has an average rating of “Buy” and an average price target of $37.00.
Vectrus (NYSE VEC) traded down $1.45 during midday trading on Friday, hitting $38.40. The stock had a trading volume of 96,022 shares, compared to its average volume of 90,158. The company has a market cap of $438.59, a PE ratio of 7.36 and a beta of 2.01. Vectrus has a 12 month low of $21.15 and a 12 month high of $41.48. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.40.
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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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