Voyager Technologies (NYSE:VOYG) Upgraded at Zacks Research

Zacks Research upgraded shares of Voyager Technologies (NYSE:VOYG) from a strong sell rating to a hold rating in a report published on Wednesday,Zacks.com reports.

Several other equities research analysts have also recently issued reports on the stock. Morgan Stanley set a $39.00 price objective on shares of Voyager Technologies in a research report on Friday, January 16th. Wedbush reissued an “outperform” rating and issued a $46.00 price objective on shares of Voyager Technologies in a research report on Friday, March 13th. Weiss Ratings reissued a “sell (d)” rating on shares of Voyager Technologies in a research report on Wednesday, January 21st. TD Cowen started coverage on shares of Voyager Technologies in a research report on Wednesday, April 1st. They issued a “buy” rating and a $35.00 price objective for the company. Finally, Wall Street Zen raised shares of Voyager Technologies from a “strong sell” rating to a “sell” rating in a research report on Saturday, April 11th. 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 issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $40.64.

Voyager Technologies Price Performance

VOYG stock opened at $31.25 on Wednesday. Voyager Technologies has a 12 month low of $17.41 and a 12 month high of $73.95. The company has a current ratio of 4.37, a quick ratio of 4.34 and a debt-to-equity ratio of 1.04. The company has a 50-day moving average price of $27.30 and a 200 day moving average price of $27.97. The stock has a market cap of $1.67 billion and a PE ratio of -7.22.

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

Hedge Funds Weigh In On Voyager Technologies

Several institutional investors have recently bought and sold shares of the business. Compass Wealth Management LLC bought a new position in shares of Voyager Technologies during the 3rd quarter worth approximately $2,318,000. Vanderbilt University bought a new position in shares of Voyager Technologies during the 4th quarter worth approximately $3,579,000. Penserra Capital Management LLC bought a new position in shares of Voyager Technologies during the 3rd quarter worth approximately $3,544,000. Liberty Street Advisors Inc. raised its stake in shares of Voyager Technologies by 25.1% during the 4th quarter. Liberty Street Advisors Inc. now owns 681,748 shares of the company’s stock worth $17,821,000 after acquiring an additional 136,925 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new position in shares of Voyager Technologies during the 3rd quarter worth approximately $1,182,000.

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.