Voyager Technologies (NYSE:VOYG) Releases Earnings Results, Beats Estimates By $0.14 EPS

Voyager Technologies (NYSE:VOYG) released its earnings results on Monday. The company reported ($0.61) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.75) by $0.14, FiscalAI reports. The company had revenue of $35.25 million during the quarter. Voyager Technologies had a negative return on equity of 17.28% and a negative net margin of 72.90%.The firm’s revenue was up .1% compared to the same quarter last year.

Voyager Technologies Price Performance

Shares of NYSE:VOYG opened at $26.50 on Wednesday. The firm has a market capitalization of $1.41 billion and a PE ratio of -9.51. The company has a quick ratio of 4.34, a current ratio of 4.37 and a debt-to-equity ratio of 1.04. The company has a 50-day moving average price of $27.59 and a two-hundred day moving average price of $27.57. Voyager Technologies has a twelve month low of $17.41 and a twelve month high of $73.95.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of VOYG. Federation des caisses Desjardins du Quebec bought a new stake in Voyager Technologies during the 4th quarter valued at $26,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Voyager Technologies in the fourth quarter valued at $28,000. Sunbelt Securities Inc. bought a new stake in shares of Voyager Technologies during the 4th quarter valued at $33,000. Ameritas Investment Partners Inc. purchased a new stake in Voyager Technologies during the 3rd quarter worth about $34,000. Finally, Russell Investments Group Ltd. bought a new position in Voyager Technologies in the 3rd quarter worth about $35,000.

Analyst Upgrades and Downgrades

Several analysts have commented on VOYG shares. Wall Street Zen lowered shares of Voyager Technologies from a “sell” rating to a “strong sell” rating in a research report on Sunday, April 19th. Weiss Ratings restated a “sell (d)” rating on shares of Voyager Technologies in a research note on Wednesday, January 21st. Morgan Stanley set a $39.00 price objective on Voyager Technologies in a research note on Friday, January 16th. Zacks Research raised Voyager Technologies from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 15th. Finally, TD Cowen began coverage on Voyager Technologies in a research report on Monday, April 20th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Voyager Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $40.64.

About Voyager Technologies

We are an innovation-driven defense technology and space solutions company. Our company was purpose-built to address issues at the forefront of defense, national security and space industries and we have organized our business to reflect this goal. We strive to solve complex challenges to fortify national security, protect critical assets and unlock new frontiers for human progress and economic development. We are committed to developing and delivering an array of transformative, mission-critical solutions to customers enabled by our advanced technology, analytics and space infrastructure capabilities.