Vectrus, Inc. Common Stock (NYSE:VEC):
Vectrus reduces Colorado Springs workforce by 64; announces realignment of effort.
The company is trading up from yesterday’s close of $16.53.
Shares of the company are trading at $16.54 a bit lower than $21.22, the stock’s 50 day moving average and which is slightly below the 200 day moving average of $25.75. The 50 day moving average went down $-4.68 or -22.06% and the 200 day average moved down $-9.21.
The company’s P/E ratio is 5.52 and the market value is 177.46M. In the last earnings report the EPS was $3.00 and is estimated to be $2.25 for the current year with 10,729,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $0.55 and the next full year EPS is anticipated to be $1.38.
Several ratings analysts have released opinions on the company of late. On September 30 analysts at Stifel Nicolaus began coverage giving it an initial rating of “Hold”. On March 16 the company was downgraded to “Buy” from “Neutral” in a report issued by Sidoti & Co..
On January 8 the stock rating was upgraded from “Neutral” to “Buy” by Sidoti & Co.. Equity analyst Sidoti & Co. initiated coverage on VEC with a rating of “Neutral” and setting a price target of $25.00.
BB&T Capital initiated coverage on the stock by announcing an initial rating of “Hold”. On May 21, 2015 Stifel Nicolaus initiated coverage with an initial rating of “Hold”.