Price Action To Observe: Could Vectrus Inc Lose Strenght? The Stock Increases A Lot Today

Price Action To Observe: Could Vectrus Inc Lose Strenght? The Stock Increases A Lot Today

The stock of Vectrus Inc (NYSE:VEC) is a huge mover today! About 302,925 shares traded hands or 56.01% up from the average. Vectrus Inc (NYSE:VEC) has declined 20.88% since February 29, 2016 and is downtrending. It has underperformed by 33.10% the S&P500.
The move comes after 8 months positive chart setup for the $95.16M company. It was reported on Oct, 3 by Barchart.com. We have $30.57 PT which if reached, will make NYSE:VEC worth $85.64 million more.

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 $3.25M for 7.31 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. Sidoti downgraded Vectrus Inc (NYSE:VEC) on Wednesday, March 16 to “Buy” rating. The stock has “Neutral” rating given by Sidoti on Tuesday, October 27. The stock of Vectrus Inc (NYSE:VEC) has “Buy” rating given on Friday, January 8 by Sidoti. 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: Fool.com which released: “Why Vectrus Inc Shares Crashed Today” on September 30, 2016, also Marketwatch.com with their article: “Virtual Stock Exchange” published on September 30, 2011, Prnewswire.com published: “Vectrus Statement on Army Award of Pre-Positioned Stocks-5 Contract” on September 01, 2016. More interesting news about Vectrus Inc (NYSE:VEC) were released by: Prnewswire.com and their article: “Vectrus announces $21 million AFCAP Task Order win” published on August 26, 2016 as well as Schaeffersresearch.com‘s news article titled: “Analyst Update: Emergent Biosolutions Inc, Vectrus Inc, and Wal-Mart Stores, Inc.” 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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