WealthPlan Investment Management LLC Acquires New Position in Voyager Technologies, Inc. $VOYG

WealthPlan Investment Management LLC acquired a new stake in Voyager Technologies, Inc. (NYSE:VOYG) in the 4th quarter, Holdings Channel.com reports. The firm acquired 114,208 shares of the company’s stock, valued at approximately $2,985,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Legal & General Group Plc acquired a new stake in shares of Voyager Technologies in the second quarter valued at about $40,000. Osaic Holdings Inc. acquired a new stake in shares of Voyager Technologies in the second quarter valued at about $40,000. Ameritas Investment Partners Inc. acquired a new stake in shares of Voyager Technologies in the third quarter valued at about $34,000. Russell Investments Group Ltd. acquired a new stake in shares of Voyager Technologies in the third quarter valued at about $35,000. Finally, Strs Ohio purchased a new position in Voyager Technologies during the 3rd quarter valued at about $74,000.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Wells Fargo & Company assumed coverage on shares of Voyager Technologies in a report on Wednesday, April 1st. They set an “underweight” rating and a $21.00 target price for the company. JPMorgan Chase & Co. dropped their target price on shares of Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating for the company in a report on Monday, April 13th. TD Cowen assumed coverage on shares of Voyager Technologies in a report on Monday, April 20th. They set a “buy” rating for the company. Wedbush restated an “outperform” rating and set a $46.00 target price on shares of Voyager Technologies in a report on Friday, April 17th. Finally, Zacks Research upgraded shares of Voyager Technologies from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Voyager Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $40.64.

Voyager Technologies Stock Performance

NYSE:VOYG opened at $34.41 on Friday. The company has a market capitalization of $1.84 billion and a P/E ratio of -12.38. Voyager Technologies, Inc. has a twelve month low of $17.41 and a twelve month high of $73.95. The company has a current ratio of 4.57, a quick ratio of 4.52 and a debt-to-equity ratio of 1.11. The firm has a 50-day moving average price of $28.07 and a two-hundred day moving average price of $27.49.

Voyager Technologies (NYSE:VOYG) last issued its quarterly earnings results on Monday, May 4th. The company reported ($0.61) EPS for the quarter, topping analysts’ consensus estimates of ($0.75) by $0.14. The business had revenue of $35.25 million during the quarter. Voyager Technologies had a negative net margin of 72.90% and a negative return on equity of 18.42%. The company’s revenue was up .1% compared to the same quarter last year. As a group, research analysts expect that Voyager Technologies, Inc. will post -3.48 earnings per share for the current fiscal year.

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.