Positive News Coverage Somewhat Unlikely to Affect Vectrus (VEC) Share Price

Media stories about Vectrus (NYSE:VEC) have been trending positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Vectrus earned a news sentiment score of 0.26 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 44.6989382690497 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Vectrus (VEC) opened at $31.92 on Monday. The company has a market cap of $354.78, a P/E ratio of 17.64 and a beta of 2.17. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.37. Vectrus has a 12 month low of $20.73 and a 12 month high of $35.58.

Vectrus (NYSE:VEC) last announced its quarterly earnings data on Tuesday, November 7th. The business services provider reported $0.51 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.10. The firm had revenue of $269.60 million during the quarter, compared to analyst estimates of $247.50 million. Vectrus had a net margin of 2.02% and a return on equity of 17.25%. The business’s quarterly revenue was down 5.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.60 EPS. sell-side analysts expect that Vectrus will post 2 earnings per share for the current year.

A number of research analysts have weighed in on the stock. Zacks Investment Research lowered shares of Vectrus from a “buy” rating to a “hold” rating in a research note on Saturday. Stifel Nicolaus reissued a “hold” rating and set a $37.00 price target on shares of Vectrus in a research report on Tuesday, November 21st. ValuEngine raised shares of Vectrus from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, TheStreet raised shares of Vectrus from a “c” rating to a “b-” rating in a research report on Monday, November 27th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $37.00.

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About Vectrus

Vectrus, Inc is a provider of services to the United States Government across the world. The Company offers services, including infrastructure asset management, logistics and supply chain management, and information technology and network communication. Its 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.

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