Brokerages Set VSE Co. (NASDAQ:VSEC) PT at $116.83

Shares of VSE Co. (NASDAQ:VSEC) have been given a consensus rating of “Buy” by the six brokerages that are currently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a buy recommendation. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $116.83.

Several research analysts have recently commented on VSEC shares. B. Riley raised their price objective on shares of VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Royal Bank of Canada increased their price target on VSE from $120.00 to $125.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. StockNews.com raised VSE to a “sell” rating in a research report on Thursday, November 7th. Jefferies Financial Group raised their target price on shares of VSE from $100.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, October 17th. Finally, Benchmark restated a “buy” rating and issued a $100.00 price objective on shares of VSE in a report on Friday, August 2nd.

VSE Trading Up 2.0 %

Shares of VSEC stock opened at $117.26 on Monday. The company has a 50-day moving average of $101.50 and a two-hundred day moving average of $90.92. The firm has a market cap of $2.39 billion, a PE ratio of 35.38 and a beta of 1.56. VSE has a 1-year low of $57.10 and a 1-year high of $123.92. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15.

VSE (NASDAQ:VSEC) last posted its earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.08. VSE had a net margin of 1.36% and a return on equity of 7.26%. The firm had revenue of $273.61 million during the quarter, compared to the consensus estimate of $270.88 million. During the same quarter last year, the firm earned $0.92 EPS. On average, analysts predict that VSE will post 2.9 EPS for the current year.

Institutional Investors Weigh In On VSE

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Franklin Resources Inc. boosted its stake in VSE by 121.6% in the third quarter. Franklin Resources Inc. now owns 325,121 shares of the construction company’s stock valued at $29,801,000 after acquiring an additional 178,435 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of VSE in the 3rd quarter valued at about $155,000. Geode Capital Management LLC grew its stake in VSE by 12.5% during the 3rd quarter. Geode Capital Management LLC now owns 382,719 shares of the construction company’s stock worth $31,669,000 after buying an additional 42,637 shares during the last quarter. Barclays PLC increased its position in VSE by 711.2% during the third quarter. Barclays PLC now owns 40,770 shares of the construction company’s stock worth $3,374,000 after buying an additional 35,744 shares during the period. Finally, Jane Street Group LLC lifted its stake in VSE by 21.8% in the third quarter. Jane Street Group LLC now owns 20,644 shares of the construction company’s stock valued at $1,708,000 after buying an additional 3,690 shares during the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.

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.