Morgan Stanley reiterated their underweight rating on shares of Voyager Technologies (NYSE:VOYG – Free Report) in a report released on Wednesday morning, Marketbeat Ratings reports. They currently have a $39.00 target price on the stock.
VOYG has been the subject of several other research reports. Citigroup raised their price objective on shares of Voyager Technologies from $36.00 to $44.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Wall Street Zen cut shares of Voyager Technologies from a “sell” rating to a “strong sell” rating in a research note on Sunday, April 19th. Wolfe Research reissued an “outperform” rating and issued a $55.00 price target on shares of Voyager Technologies in a report on Wednesday, June 3rd. TD Cowen assumed coverage on shares of Voyager Technologies in a research report on Monday, April 20th. They issued a “buy” rating for the company. Finally, JPMorgan Chase & Co. reduced their price objective on Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating on the stock in a report on Monday, April 13th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.64.
View Our Latest Stock Report on VOYG
Voyager Technologies Price Performance
Voyager Technologies (NYSE:VOYG – Get Free Report) last announced its earnings results on Monday, May 4th. The company reported ($0.61) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.75) by $0.14. The company had revenue of $35.25 million during the quarter. Voyager Technologies had a negative return on equity of 18.42% and a negative net margin of 72.90%.The business’s revenue was up .1% compared to the same quarter last year. Equities research analysts forecast that Voyager Technologies will post -3.48 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Voyager Technologies
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. HB Wealth Management LLC lifted its stake in Voyager Technologies by 0.8% in the first quarter. HB Wealth Management LLC now owns 45,096 shares of the company’s stock valued at $1,055,000 after buying an additional 376 shares during the period. World Equity Group Inc. grew its position in shares of Voyager Technologies by 1.1% during the 2nd quarter. World Equity Group Inc. now owns 38,433 shares of the company’s stock worth $1,239,000 after buying an additional 400 shares during the period. Royal Bank of Canada increased its stake in shares of Voyager Technologies by 18.8% in the 1st quarter. Royal Bank of Canada now owns 3,041 shares of the company’s stock valued at $71,000 after acquiring an additional 481 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Voyager Technologies by 2.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 27,271 shares of the company’s stock valued at $812,000 after acquiring an additional 757 shares during the period. Finally, Farther Finance Advisors LLC raised its position in shares of Voyager Technologies by 33.8% in the 4th quarter. Farther Finance Advisors LLC now owns 3,492 shares of the company’s stock valued at $91,000 after acquiring an additional 882 shares during the period.
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.
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