Vectrus, Inc. (VEC) Insider Charles Prow Purchases 1,000 Shares
Vectrus, Inc. (NYSE:VEC) insider Charles Prow acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, August 15th. The shares were bought at an average price of $29.62 per share, for a total transaction of $29,620.00. Following the completion of the transaction, the insider now owns 1,000 shares of the company’s stock, valued at $29,620. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Vectrus, Inc. (NYSE VEC) traded down 2.02% on Wednesday, hitting $29.04. The stock had a trading volume of 136,179 shares. Vectrus, Inc. has a 12 month low of $12.50 and a 12 month high of $35.58. The stock has a market cap of $321.62 million, a PE ratio of 13.89 and a beta of 2.17. The firm’s 50 day moving average price is $32.85 and its 200-day moving average price is $27.36.
Vectrus (NYSE:VEC) last announced its earnings results on Tuesday, August 8th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The company had revenue of $259.30 million for the quarter, compared to analyst estimates of $275 million. Vectrus had a return on equity of 18.96% and a net margin of 2.06%. The firm’s quarterly revenue was down 15.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.55 earnings per share. On average, analysts forecast that Vectrus, Inc. will post $1.84 EPS for the current year.
A number of equities research analysts have issued reports on the company. ValuEngine downgraded Vectrus from a “buy” rating to a “hold” rating in a research report on Saturday. BidaskClub downgraded Vectrus from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. TheStreet upgraded Vectrus from a “d+” rating to a “c” rating in a research report on Wednesday, May 10th. Finally, Drexel Hamilton upgraded Vectrus from a “hold” rating to a “buy” rating in a research report on Wednesday, May 10th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $24.50.
Vectrus Company Profile
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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