TD Cowen Begins Coverage on Voyager Technologies (NYSE:VOYG)

Analysts at TD Cowen began coverage on shares of Voyager Technologies (NYSE:VOYG) in a research report issued on Wednesday, Marketbeat.com reports. The firm set a “buy” rating and a $35.00 price target on the stock. TD Cowen’s price target indicates a potential upside of 30.84% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. Citigroup started coverage on shares of Voyager Technologies in a research note on Monday. They issued a “buy” rating and a $36.00 price target on the stock. Zacks Research lowered Voyager Technologies from a “hold” rating to a “strong sell” rating in a research report on Monday, March 9th. Weiss Ratings reiterated a “sell (d)” rating on shares of Voyager Technologies in a research report on Wednesday, January 21st. Morgan Stanley set a $39.00 price target on Voyager Technologies in a research note on Friday, January 16th. Finally, Wedbush restated an “outperform” rating and set a $46.00 price target on shares of Voyager Technologies in a report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.00.

Voyager Technologies Trading Up 12.6%

Shares of VOYG opened at $26.75 on Wednesday. The firm has a market cap of $1.43 billion and a P/E ratio of -6.18. The company has a debt-to-equity ratio of 1.04, a current ratio of 4.37 and a quick ratio of 4.34. Voyager Technologies has a 1 year low of $17.41 and a 1 year high of $73.95. The company has a 50 day simple moving average of $27.66 and a two-hundred day simple moving average of $28.02.

Voyager Technologies (NYSE:VOYG) last released its earnings results on Monday, March 9th. The company reported ($0.37) EPS for the quarter, missing the consensus estimate of ($0.36) by ($0.01). Voyager Technologies had a negative return on equity of 23.35% and a negative net margin of 62.98%.The company had revenue of $46.65 million during the quarter. The company’s quarterly revenue was up 23.7% on a year-over-year basis.

Institutional Trading of Voyager Technologies

Large investors have recently made changes to their positions in the business. Federation des caisses Desjardins du Quebec purchased a new stake in shares of Voyager Technologies during the 4th quarter valued at about $26,000. Steward Partners Investment Advisory LLC bought a new stake in Voyager Technologies during the second quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd bought a new stake in Voyager Technologies during the fourth quarter worth approximately $28,000. Sunbelt Securities Inc. purchased a new stake in Voyager Technologies during the fourth quarter valued at approximately $33,000. Finally, Ameritas Investment Partners Inc. bought a new stake in shares of Voyager Technologies in the 3rd quarter valued at approximately $34,000.

Voyager Technologies Company 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.