Vectrus Inc (NYSE:VEC) Director Eric M. Pillmore acquired 500 shares of the firm’s stock in a transaction on Wednesday, November 7th. The stock was purchased at an average price of $25.98 per share, for a total transaction of $12,990.00. Following the transaction, the director now directly owns 14,002 shares of the company’s stock, valued at approximately $363,771.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
VEC stock opened at $25.36 on Friday. Vectrus Inc has a 12-month low of $24.51 and a 12-month high of $41.48. The stock has a market capitalization of $293.57 million, a price-to-earnings ratio of 11.69 and a beta of 1.60. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.37 and a current ratio of 1.40.
Vectrus (NYSE:VEC) last released its quarterly earnings data on Tuesday, November 6th. The business services provider reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.01. Vectrus had a net margin of 5.36% and a return on equity of 16.74%. The firm had revenue of $308.10 million for the quarter, compared to analysts’ expectations of $310.47 million. As a group, equities analysts predict that Vectrus Inc will post 2.97 EPS for the current year.
A number of equities analysts have issued reports on the stock. Noble Financial restated a “hold” rating on shares of Vectrus in a research report on Wednesday, August 8th. ValuEngine cut shares of Vectrus from a “buy” rating to a “hold” rating in a research report on Tuesday, August 14th. Finally, Zacks Investment Research upgraded shares of Vectrus from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research report on Saturday, August 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. Vectrus has an average rating of “Hold” and a consensus price target of $39.00.
Vectrus, Inc provides facility and logistics, and information technology and network communication services to the U.S. government worldwide. It offers facility and logistics services, such as airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations, warehouse management and distribution, and equipment maintenance, repair, and services for U.S.
Further Reading: The Discount Rate – What You Need to Know
Receive News & Ratings for Vectrus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vectrus and related companies with MarketBeat.com's FREE daily email newsletter.