The stock of Vectrus Inc (NYSE:VEC) reached all time low today, Sep, 30 and still has $13.14 target or 13.00% below today’s $15.10 share price. This indicates more downside for the $160.17M company. This technical setup was reported by Barchart.com. If the $13.14 PT is reached, the company will be worth $20.82M less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. About 2.34M shares traded hands or 2005.30% up from the average. Vectrus Inc (NYSE:VEC) has risen 43.83% since February 26, 2016 and is uptrending. It has outperformed by 33.41% the S&P500.
Analysts await Vectrus Inc (NYSE:VEC) to report earnings on November, 2. They expect $0.55 EPS, down 15.38% or $0.10 from last year’s $0.65 per share. VEC’s profit will be $5.83M for 6.86 P/E if the $0.55 EPS becomes a reality. After $0.55 actual EPS reported by Vectrus Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
Vectrus Inc (NYSE:VEC) Ratings Coverage
Out of 2 analysts covering Vectrus Inc (NYSE:VEC), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Vectrus Inc has been the topic of 4 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Tuesday, October 27 by Sidoti. The company was upgraded on Friday, January 8 by Sidoti. The firm has “Buy” rating by Sidoti given on Wednesday, March 16. The company was initiated on Tuesday, July 28 by BB&T Capital.
According to Zacks Investment Research, “Vectrus, Inc. engages in providing infrastructure asset management, logistics and supply chain management, and information technology and network communication services. Its services include operations, maintenance, management, engineering and sustainment for physical assets including a wide variety of facilities, information technology, network and communication systems, vehicles and equipment. The Company serves U.S. government customers worldwide. Vectrus, Inc. is based in United States.”
More notable recent Vectrus Inc (NYSE:VEC) news were published by: Prnewswire.com which released: “Vectrus statement on Army award of Kuwait Base Operations and Security Support …” on September 29, 2016, also Schaeffersresearch.com with their article: “Analyst Update: Emergent Biosolutions Inc, Vectrus Inc, and Wal-Mart Stores, Inc.” published on September 30, 2016, Benzinga.com published: “Mid-Morning Market Update: Markets Open Higher; McCormick Profit Tops Estimates” on September 30, 2016. More interesting news about Vectrus Inc (NYSE:VEC) were released by: Marketwatch.com and their article: “/quotes/zigman/3870025/realtime” published on September 29, 2011 as well as Benzinga.com‘s news article titled: “12 Biggest Mid-Day Losers For Friday” with publication date: September 30, 2016.
VEC Company Profile
Vectrus, Inc., incorporated on February 4, 2014, is a well-known provider of services to the United States Government across the world. The Firm offers services, including infrastructure asset management, logistics and supply chain management, and information technology and network communication. The Company’s 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. The Company’s logistics and supply chain management services support and maintain the vehicle and equipment stocks of the United States Army and Marine Corps. The Company’s information technology and network communication services consist of sustainment of communications systems, network security, systems installation and full life cycle management of information technology systems. The Firm provides global service solutions in over 130 locations and approximately 20 countries across over three continents.
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