Voyager Technologies, Inc. (NYSE:VOYG) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Voyager Technologies, Inc. (NYSE:VOYG) have been given an average recommendation of “Moderate Buy” by the thirteen ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $41.3636.

Several brokerages have commented on VOYG. Wedbush reiterated an “outperform” rating and set a $46.00 target price on shares of Voyager Technologies in a research note on Friday, April 17th. Citigroup increased their target price on Voyager Technologies from $36.00 to $44.00 and gave the company a “buy” rating in a research note on Monday, May 18th. JPMorgan Chase & Co. cut their target price on Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating on the stock in a research note on Monday, April 13th. Wells Fargo & Company began coverage on Voyager Technologies in a research note on Wednesday, April 1st. They set an “underweight” rating and a $21.00 target price on the stock. Finally, Wall Street Zen downgraded Voyager Technologies from a “sell” rating to a “strong sell” rating in a research note on Sunday, April 19th.

Voyager Technologies Stock Performance

Shares of VOYG opened at $48.53 on Thursday. The business’s fifty day simple moving average is $30.53 and its two-hundred day simple moving average is $28.22. The company has a current ratio of 4.57, a quick ratio of 4.52 and a debt-to-equity ratio of 1.11. Voyager Technologies has a 12 month low of $17.41 and a 12 month high of $73.95. The company has a market cap of $2.60 billion and a price-to-earnings ratio of -17.46.

Voyager Technologies (NYSE:VOYG) last issued its earnings results on Monday, May 4th. The company reported ($0.61) EPS for the quarter, beating the consensus estimate of ($0.75) by $0.14. Voyager Technologies had a negative return on equity of 18.42% and a negative net margin of 72.90%.The business had revenue of $35.25 million for the quarter. The company’s revenue for the quarter was up .1% on a year-over-year basis. Research analysts anticipate that Voyager Technologies will post -3.48 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Voyager Technologies

Several hedge funds and other institutional investors have recently modified their holdings of the company. Senvest Management LLC lifted its holdings in shares of Voyager Technologies by 29.3% during the 4th quarter. Senvest Management LLC now owns 3,905,721 shares of the company’s stock valued at $102,096,000 after buying an additional 884,962 shares during the period. Alyeska Investment Group L.P. lifted its holdings in shares of Voyager Technologies by 88.1% during the 4th quarter. Alyeska Investment Group L.P. now owns 3,417,841 shares of the company’s stock valued at $89,342,000 after buying an additional 1,600,540 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Voyager Technologies by 23.7% during the 4th quarter. Wellington Management Group LLP now owns 2,017,623 shares of the company’s stock valued at $52,741,000 after buying an additional 386,010 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Voyager Technologies by 27.6% during the 3rd quarter. Vanguard Group Inc. now owns 1,186,823 shares of the company’s stock valued at $35,344,000 after buying an additional 256,499 shares during the period. Finally, Capital International Investors lifted its holdings in shares of Voyager Technologies by 93.4% during the 4th quarter. Capital International Investors now owns 1,033,158 shares of the company’s stock valued at $27,007,000 after buying an additional 498,963 shares during the period.

About Voyager Technologies

We are an innovation-driven defense technology and space solutions company. Our company was purpose-built to address issues at the forefront of defense, national security and space industries and we have organized our business to reflect this goal. We strive to solve complex challenges to fortify national security, protect critical assets and unlock new frontiers for human progress and economic development. We are committed to developing and delivering an array of transformative, mission-critical solutions to customers enabled by our advanced technology, analytics and space infrastructure capabilities.