VSE Co. (NASDAQ:VSEC) Receives $118.50 Consensus PT from Analysts

Shares of VSE Co. (NASDAQ:VSEC) have been given a consensus recommendation of “Buy” by the six analysts that are currently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy recommendation. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $117.83.

VSEC has been the topic of a number of analyst reports. Truist Financial decreased their price target on VSE from $133.00 to $129.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Jefferies Financial Group upped their price target on shares of VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, October 17th. 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. StockNews.com upgraded shares of VSE to a “sell” rating in a research report on Monday, December 9th. Finally, Royal Bank of Canada boosted their price target on VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th.

VSE Price Performance

NASDAQ:VSEC opened at $103.38 on Tuesday. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. The firm’s fifty day moving average price is $106.37 and its 200 day moving average price is $96.48. VSE has a 1-year low of $57.45 and a 1-year high of $123.92.

VSE (NASDAQ:VSEC) last issued its quarterly earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. The business had revenue of $273.61 million for the quarter, compared to analyst estimates of $270.88 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. During the same period in the previous year, the business posted $0.92 earnings per share. Sell-side analysts anticipate that VSE will post 2.92 earnings per share for the current fiscal year.

VSE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 23rd will be given a $0.10 dividend. The ex-dividend date is Thursday, January 23rd. This represents a $0.40 annualized dividend and a dividend yield of 0.39%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Jennison Associates LLC raised its holdings in shares of VSE by 3.8% in the third quarter. Jennison Associates LLC now owns 823,749 shares of the construction company’s stock worth $68,149,000 after acquiring an additional 29,811 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in VSE by 1.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 822,784 shares of the construction company’s stock valued at $72,634,000 after purchasing an additional 15,323 shares during the last quarter. AltraVue Capital LLC acquired a new stake in shares of VSE during the 2nd quarter worth about $48,343,000. Geode Capital Management LLC grew its holdings in shares of VSE by 12.5% during the third 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 in the last quarter. Finally, Franklin Resources Inc. raised its position in shares of 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 buying an additional 178,435 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.