Comerica Bank raised its holdings in Voyager Technologies, Inc. (NYSE:VOYG – Free Report) by 44,598.9% in the 4th quarter, HoldingsChannel reports. The fund owned 40,229 shares of the company’s stock after acquiring an additional 40,139 shares during the period. Comerica Bank’s holdings in Voyager Technologies were worth $1,052,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the business. Calamos Advisors LLC acquired a new stake in shares of Voyager Technologies during the 4th quarter worth $392,000. Obermeyer Wealth Partners acquired a new stake in shares of Voyager Technologies during the 4th quarter worth $5,471,000. Cornerstone Advisory LLC acquired a new stake in shares of Voyager Technologies during the 4th quarter worth $528,000. HB Wealth Management LLC acquired a new stake in shares of Voyager Technologies during the 4th quarter worth $1,169,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Voyager Technologies during the 4th quarter worth $371,000.
Analysts Set New Price Targets
VOYG has been the subject of a number of research analyst reports. JPMorgan Chase & Co. dropped their price objective on Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating for the company in a report on Monday, April 13th. Weiss Ratings restated a “sell (d)” rating on shares of Voyager Technologies in a report on Wednesday, January 21st. Wedbush restated an “outperform” rating and set a $46.00 price objective on shares of Voyager Technologies in a report on Friday, April 17th. Wall Street Zen downgraded Voyager Technologies from a “sell” rating to a “strong sell” rating in a report on Sunday, April 19th. Finally, Zacks Research upgraded Voyager Technologies from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $40.64.
Voyager Technologies Stock Up 15.9%
Shares of NYSE VOYG opened at $29.69 on Friday. Voyager Technologies, Inc. has a 12-month low of $17.41 and a 12-month high of $73.95. The company has a market cap of $1.59 billion and a P/E ratio of -10.68. The company has a current ratio of 4.57, a quick ratio of 4.34 and a debt-to-equity ratio of 1.11. The stock has a fifty day moving average price of $27.55 and a 200 day moving average price of $27.47.
Voyager Technologies (NYSE:VOYG – Get Free Report) last announced its quarterly earnings results on Monday, May 4th. The company reported ($0.61) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.75) by $0.14. Voyager Technologies had a negative return on equity of 18.42% and a negative net margin of 72.90%.The firm had revenue of $35.25 million during the quarter. The company’s quarterly revenue was up .1% on a year-over-year basis. Research analysts anticipate that Voyager Technologies, Inc. will post -3.22 EPS for the current fiscal year.
Voyager Technologies Profile
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.
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