The stock of Vectrus Inc (NYSE:VEC) is a huge mover today! The stock increased 3.64% or $0.8 during the last trading session, hitting $22.76. About 107,381 shares traded hands. Vectrus Inc (NYSE:VEC) has declined 3.89% since April 20, 2016 and is downtrending. It has underperformed by 8.45% the S&P500.
The move comes after 5 months positive chart setup for the $248.98M company. It was reported on Nov, 22 by Barchart.com. We have $23.90 PT which if reached, will make NYSE:VEC worth $12.45 million more.
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 company was upgraded on Friday, January 8 by Sidoti. The firm has “Hold” rating given on Tuesday, July 28 by BB&T Capital. Sidoti downgraded the stock to “Buy” rating in Wednesday, March 16 report. The firm has “Neutral” rating given on Tuesday, October 27 by Sidoti.
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 Prnewswire.com with their article: “Vectrus statement on Army award of Kuwait Base Operations and Security Support …” published on September 29, 2016, Forbes.com published: “Exelis To Spin-Off Vectrus On September 27” on September 09, 2014. More interesting news about Vectrus Inc (NYSE:VEC) were released by: Marketwatch.com and their article: “/quotes/zigman/3870025/realtime” published on September 30, 2011 as well as Prnewswire.com‘s news article titled: “PAE and Vectrus Announce Joint Venture Partnership for LOGCAP V” with publication date: October 04, 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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