Favorable Media Coverage Somewhat Unlikely to Affect Vectrus (NYSE:VEC) Share Price

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Media coverage about Vectrus (NYSE:VEC) has trended positive on Thursday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Vectrus earned a news sentiment score of 0.28 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 45.2638939404191 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

VEC has been the subject of a number of recent analyst reports. ValuEngine raised shares of Vectrus from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research lowered shares of Vectrus from a “buy” rating to a “hold” rating in a research note on Saturday, January 13th. Noble Financial lowered shares of Vectrus to a “hold” rating in a research note on Thursday, March 8th. Finally, Drexel Hamilton lowered shares of Vectrus from a “buy” rating to a “hold” rating in a research note on Monday, March 5th. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $37.00.

Shares of VEC traded up $0.46 during trading hours on Thursday, reaching $38.00. 54,521 shares of the company traded hands, compared to its average volume of 91,245. Vectrus has a 12-month low of $21.71 and a 12-month high of $41.48. The firm has a market capitalization of $415.46, a P/E ratio of 17.51 and a beta of 1.61. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.40.

Vectrus (NYSE:VEC) last released its quarterly earnings data on Thursday, March 1st. The business services provider reported $0.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.18. Vectrus had a net margin of 5.34% and a return on equity of 16.68%. The company had revenue of $295.80 million during the quarter, compared to analyst estimates of $275.82 million. analysts predict that Vectrus will post 2.99 earnings per share for the current year.

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Vectrus Company Profile

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.

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