VSE Co. (NASDAQ:VSEC) Receives Average Rating of “Buy” from Brokerages

VSE Co. (NASDAQ:VSEC) has earned a consensus rating of “Buy” from the six analysts that are presently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a buy recommendation. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $118.67.

VSEC has been the topic of a number of analyst reports. Royal Bank of Canada boosted their price objective on VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. B. Riley lifted their target price on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Truist Financial increased their price target on shares of VSE from $129.00 to $134.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, StockNews.com raised shares of VSE to a “sell” rating in a research note on Wednesday, February 12th.

VSE Price Performance

VSEC opened at $115.93 on Wednesday. The firm has a 50-day moving average price of $100.69 and a 200-day moving average price of $99.97. VSE has a twelve month low of $72.65 and a twelve month high of $123.92. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of 139.67 and a beta of 1.61.

VSE (NASDAQ:VSEC) last released its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.17. VSE had a net margin of 1.36% and a return on equity of 7.26%. The business had revenue of $299.02 million during the quarter, compared to analyst estimates of $289.97 million. Equities analysts expect that VSE will post 2.96 EPS for the current year.

VSE Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.35%. VSE’s payout ratio is presently 48.19%.

Hedge Funds Weigh In On VSE

A number of institutional investors have recently made changes to their positions in VSEC. Sterling Capital Management LLC lifted its holdings in shares of VSE by 857.1% during the 4th quarter. Sterling Capital Management LLC now owns 469 shares of the construction company’s stock worth $45,000 after acquiring an additional 420 shares during the last quarter. Quantbot Technologies LP purchased a new stake in VSE during the fourth quarter valued at about $47,000. Tower Research Capital LLC TRC lifted its stake in VSE by 21.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company’s stock worth $138,000 after purchasing an additional 258 shares during the last quarter. Summit Investment Advisors Inc. boosted its holdings in shares of VSE by 14.5% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,842 shares of the construction company’s stock worth $175,000 after purchasing an additional 233 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of VSE during the 3rd quarter valued at about $155,000. 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.