Vectrus, Inc. Common Stock (NYSE:VEC):
Vectrus named 2017 Best for Vets Employer.
The company is so far trading up by 0.23% since yesterday’s close of $30.72.
Vectrus, Inc., launched on February 4, 2014, 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. Its logistics and supply chain management services support and maintain the vehicle and equipment stocks of the United States Army and Marine Corps. Its information technology and network communication services consist of sustainment of communications systems, network security, systems installation and full life cycle management of information technology systems. The Company provides global service solutions in over 130 locations and approximately 20 countries across over three continents..
It is trading at $30.79 a tad higher than the 50 day moving average which is $28.14 and marginally over the 200 day moving average of $24.42. The 50 day moving average was up $2.58 and the 200 day average was up $6.30.
The most current P/E ratio is 14.28 and the market cap is 336.20M. In the latest earnings report the EPS was $2.15 and is estimated to be $1.82 for the current year with 10,944,000 shares outstanding. Next quarter’s EPS is expected be $0.46 and the next full year EPS is projected to be $1.44.
Investment analysts have provided guidance on the company recently. On September 30 analysts at Stifel Nicolaus starting coverage on VEC with a 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 company was set at “Buy” in a report from Sidoti & Co. which was a boost from the previous “Neutral” rating. On October 27, 2015 Sidoti & Co. started covering the stock by announcing an initial rating of “Neutral” and establishing a price target of $25.00.
BB&T Capital began coverage of the stock giving it an initial rating of “Hold”. Equity analyst Stifel Nicolaus began coverage of VEC with an initial rating of “Hold”.