Analysts Set Voyager Technologies, Inc. (NYSE:VOYG) Price Target at $43.64

Voyager Technologies, Inc. (NYSE:VOYG) has earned a consensus rating of “Moderate Buy” from the thirteen analysts that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation, eight have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $43.6364.

A number of equities analysts have commented on VOYG shares. Jefferies Financial Group boosted their price target on shares of Voyager Technologies from $40.00 to $60.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. Weiss Ratings raised shares of Voyager Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, June 26th. Morgan Stanley reissued an “underweight” rating and issued a $39.00 target price on shares of Voyager Technologies in a research note on Wednesday, July 15th. JPMorgan Chase & Co. dropped their price target on Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating for the company in a research note on Monday, April 13th. Finally, TD Cowen initiated coverage on Voyager Technologies in a report on Monday, April 20th. They issued a “buy” rating for the company.

Voyager Technologies Price Performance

NYSE:VOYG opened at $26.93 on Friday. Voyager Technologies has a 52-week low of $17.41 and a 52-week high of $52.40. The stock has a fifty day moving average of $37.13 and a 200 day moving average of $31.66. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.52 and a current ratio of 4.57. The firm has a market capitalization of $1.44 billion and a price-to-earnings ratio of -9.69.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of VOYG. Senvest Management LLC lifted its holdings in shares of Voyager Technologies by 29.3% in the 4th quarter. Senvest Management LLC now owns 3,905,721 shares of the company’s stock worth $102,096,000 after acquiring an additional 884,962 shares during the last quarter. Alyeska Investment Group L.P. raised its position in Voyager Technologies by 88.1% in the 4th quarter. Alyeska Investment Group L.P. now owns 3,417,841 shares of the company’s stock worth $89,342,000 after purchasing an additional 1,600,540 shares during the period. Wellington Management Group LLP lifted its stake in Voyager Technologies by 23.7% in the fourth quarter. Wellington Management Group LLP now owns 2,017,623 shares of the company’s stock worth $52,741,000 after purchasing an additional 386,010 shares during the last quarter. Tema ETFs LLC boosted its position in Voyager Technologies by 125,688.6% during the second quarter. Tema ETFs LLC now owns 1,353,485 shares of the company’s stock valued at $43,650,000 after buying an additional 1,352,409 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Voyager Technologies by 27.6% during the third 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 last quarter.

Voyager Technologies Company Profile

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.