Vectrus Inc. (VEC) Hits New 12-Month High at $32.28
Vectrus Inc. (NYSE:VEC) reached a new 52-week high during trading on Monday . The company traded as high as $32.28 and last traded at $32.17, with a volume of 32,403 shares trading hands. The stock had previously closed at $32.06.
A number of equities research analysts have recently commented on VEC shares. TheStreet upgraded Vectrus from a “sell” rating to a “hold” rating in a research report on Wednesday, April 13th. Zacks Investment Research cut Vectrus from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 24th.
The stock has a 50 day moving average of $29.96 and a 200-day moving average of $23.88. The stock has a market cap of $322.88 million and a P/E ratio of 10.058.
Vectrus (NYSE:VEC) last announced its earnings results on Tuesday, August 9th. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by $0.02. During the same period last year, the firm earned $0.56 earnings per share. The firm had revenue of $307.90 million for the quarter, compared to analyst estimates of $295.65 million. The business’s revenue was down .5% on a year-over-year basis. On average, equities analysts anticipate that Vectrus Inc. will post $2.27 earnings per share for the current year.
In other news, SVP Kelvin Coppock sold 6,047 shares of the company’s stock in a transaction dated Friday, May 20th. The shares were sold at an average price of $24.37, for a total value of $147,365.39. Following the completion of the sale, the senior vice president now directly owns 14,839 shares of the company’s stock, valued at $361,626.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Janet Oliver sold 9,354 shares of the company’s stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $24.50, for a total transaction of $229,173.00. Following the completion of the sale, the senior vice president now directly owns 19,945 shares of the company’s stock, valued at $488,652.50. The disclosure for this sale can be found here.
An institutional investor recently raised its position in Vectrus stock. Dimensional Fund Advisors LP raised its position in shares of Vectrus Inc. (NYSE:VEC) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 144,040 shares of the company’s stock after buying an additional 3,020 shares during the period. Dimensional Fund Advisors LP owned approximately 1.36% of Vectrus worth $3,009,000 as of its most recent SEC filing.
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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