William Blair Issues Pessimistic Forecast for VSE Earnings

VSE Co. (NASDAQ:VSEC) – Equities researchers at William Blair dropped their Q4 2024 earnings per share (EPS) estimates for VSE in a research report issued on Wednesday, November 6th. William Blair analyst L. Dipalma now expects that the construction company will post earnings of $0.65 per share for the quarter, down from their previous forecast of $0.76. The consensus estimate for VSE’s current full-year earnings is $3.01 per share.

A number of other research firms have also recently commented on VSEC. Royal Bank of Canada boosted their price target on shares of VSE from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Thursday. B. Riley upped their target price on shares of VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday. Truist Financial raised their price target on VSE from $115.00 to $133.00 and gave the company a “buy” rating in a research report on Thursday. StockNews.com upgraded VSE to a “sell” rating in a report on Thursday. Finally, Benchmark reiterated a “buy” rating and set a $100.00 price objective on shares of VSE in a research report on Friday, August 2nd. One research analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. According to MarketBeat, VSE currently has a consensus rating of “Moderate Buy” and an average price target of $116.83.

VSE Stock Performance

Shares of VSEC opened at $114.42 on Friday. The company has a current ratio of 3.53, a quick ratio of 1.17 and a debt-to-equity ratio of 0.55. The stock has a 50-day moving average price of $92.60 and a 200-day moving average price of $87.07. The company has a market cap of $2.11 billion, a PE ratio of 35.84 and a beta of 1.56. VSE has a 12-month low of $56.98 and a 12-month high of $116.95.

Insider Activity

In other news, major shareholder Calvin Scott Koonce sold 15,300 shares of the business’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $91.83, for a total value of $1,404,999.00. Following the completion of the sale, the insider now owns 463,284 shares of the company’s stock, valued at approximately $42,543,369.72. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 14.60% of the company’s stock.

Institutional Investors Weigh In On VSE

A number of large investors have recently added to or reduced their stakes in VSEC. Victory Capital Management Inc. boosted its holdings in shares of VSE by 30.5% during the third quarter. Victory Capital Management Inc. now owns 15,401 shares of the construction company’s stock worth $1,274,000 after purchasing an additional 3,601 shares during the period. Principal Financial Group Inc. raised its position in VSE by 5.9% during the 3rd quarter. Principal Financial Group Inc. now owns 22,067 shares of the construction company’s stock valued at $1,826,000 after purchasing an additional 1,236 shares during the last quarter. Wisconsin Capital Management LLC raised its position in VSE by 14.9% during the 3rd quarter. Wisconsin Capital Management LLC now owns 58,172 shares of the construction company’s stock valued at $4,813,000 after purchasing an additional 7,522 shares during the last quarter. US Bancorp DE lifted its holdings in VSE by 1,180.2% in the 3rd quarter. US Bancorp DE now owns 2,586 shares of the construction company’s stock worth $214,000 after buying an additional 2,384 shares during the period. Finally, Park Avenue Securities LLC grew its position in shares of VSE by 13.8% in the 3rd quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock worth $316,000 after buying an additional 464 shares during the last quarter. Institutional investors own 91.54% of the company’s stock.

VSE Company Profile

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through two segments, Aviation and Fleet. The Aviation segment provides aftermarket parts supply and distribution; maintenance, repair, and overhaul services for components and engine accessories supporting commercial, business, and general aviation operators.