Vectrus (NYSE:VEC) will be releasing its earnings data after the market closes on Tuesday, November 6th. Analysts expect Vectrus to post earnings of $0.85 per share for the quarter.
Vectrus (NYSE:VEC) last posted its quarterly earnings results on Tuesday, August 7th. The business services provider reported $0.81 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.83 by ($0.02). Vectrus had a return on equity of 16.10% and a net margin of 5.19%. The company had revenue of $321.13 million for the quarter, compared to analyst estimates of $306.20 million. On average, analysts expect Vectrus to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
NYSE:VEC opened at $27.28 on Friday. 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 fifty-two week low of $26.41 and a fifty-two week high of $41.48. The firm has a market cap of $306.85 million, a PE ratio of 10.74 and a beta of 1.60.
A number of research firms have recently weighed in on VEC. ValuEngine cut shares of Vectrus from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd. Zacks Investment Research raised shares of Vectrus from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a research note on Saturday, August 11th. Finally, Noble Financial reaffirmed a “hold” rating on shares of Vectrus in a research note on Wednesday, August 8th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $39.00.
In related news, Director Melvin Parker sold 1,377 shares of the stock in a transaction dated Friday, August 10th. The shares were sold at an average price of $36.04, for a total value of $49,627.08. Following the sale, the director now directly owns 9,625 shares of the company’s stock, valued at approximately $346,885. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Eric M. Pillmore acquired 1,000 shares of the stock in a transaction that occurred on Monday, October 8th. The stock was acquired at an average cost of $29.88 per share, for a total transaction of $29,880.00. Following the completion of the purchase, the director now owns 13,002 shares in the company, valued at approximately $388,499.76. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 1,800 shares of company stock worth $53,522 and sold 4,127 shares worth $132,705. 2.80% of the stock is currently owned by corporate insiders.
Vectrus Company Profile
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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