Headlines about Vectrus (NYSE:VEC) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Vectrus earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 44.8380679912403 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Vectrus (NYSE VEC) opened at 33.31 on Tuesday. Vectrus has a one year low of $12.50 and a one year high of $35.58. The stock has a market cap of $364.54 million, a P/E ratio of 15.49 and a beta of 2.17. The stock’s 50 day moving average price is $32.96 and its 200-day moving average price is $26.83.
Vectrus (NYSE:VEC) last issued its quarterly earnings data on Tuesday, May 9th. The business services provider reported $0.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.14. The business had revenue of $290.06 million for the quarter, compared to the consensus estimate of $288 million. Vectrus had a return on equity of 20.74% and a net margin of 2.03%. The firm’s revenue was down 6.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.61 EPS. On average, analysts predict that Vectrus will post $1.82 earnings per share for the current year.
A number of brokerages have recently issued reports on VEC. BidaskClub lowered Vectrus from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Drexel Hamilton raised Vectrus from a “hold” rating to a “buy” rating in a research report on Wednesday, May 10th. Finally, TheStreet upgraded Vectrus from a “d+” rating to a “c” rating in a report on Wednesday, May 10th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $24.50.
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In related news, SVP Francis Peloso sold 6,172 shares of the firm’s stock in a transaction on Monday, June 12th. The stock was sold at an average price of $30.85, for a total transaction of $190,406.20. Following the sale, the senior vice president now owns 19,071 shares of the company’s stock, valued at approximately $588,340.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.90% of the company’s stock.
About Vectrus
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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