Analysts Issue Forecasts for VSE’s Q4 Earnings (NASDAQ:VSEC)

VSE Co. (NASDAQ:VSEC) – B. Riley dropped their Q4 2024 earnings per share estimates for VSE in a note issued to investors on Thursday, November 7th. B. Riley analyst J. Van. Sinderen now anticipates that the construction company will post earnings per share of $0.70 for the quarter, down from their prior estimate of $0.74. B. Riley has a “Buy” rating and a $132.00 price objective on the stock. The consensus estimate for VSE’s current full-year earnings is $3.01 per share. B. Riley also issued estimates for VSE’s FY2025 earnings at $4.59 EPS and FY2026 earnings at $5.91 EPS.

VSE (NASDAQ:VSEC) last issued its quarterly earnings data on Wednesday, November 6th. The construction company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. VSE had a net margin of 1.36% and a return on equity of 7.58%. The firm had revenue of $273.61 million during the quarter, compared to analysts’ expectations of $270.88 million. During the same quarter in the previous year, the company earned $0.92 earnings per share.

VSEC has been the topic of several other reports. Benchmark reiterated a “buy” rating and set a $100.00 target price on shares of VSE in a report on Friday, August 2nd. Royal Bank of Canada lifted their price objective on VSE from $120.00 to $125.00 and gave the company an “outperform” rating in a report on Thursday. Jefferies Financial Group increased their target price on VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, October 17th. Truist Financial lifted their price target on shares of VSE from $115.00 to $133.00 and gave the company a “buy” rating in a research note on Thursday. Finally, StockNews.com raised shares of VSE to a “sell” rating in a research report on Thursday. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $116.83.

VSE Trading Up 3.0 %

Shares of NASDAQ VSEC opened at $117.80 on Friday. The company has a quick ratio of 1.17, a current ratio of 3.53 and a debt-to-equity ratio of 0.55. VSE has a twelve month low of $57.10 and a twelve month high of $118.94. The company’s fifty day moving average is $93.09 and its 200-day moving average is $87.42. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 35.84 and a beta of 1.56.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Capital Research Global Investors bought a new stake in VSE during the 1st quarter worth about $81,623,000. AltraVue Capital LLC bought a new stake in VSE during the second quarter worth $48,343,000. Primecap Management Co. CA acquired a new stake in VSE in the third quarter valued at $11,016,000. Allspring Global Investments Holdings LLC bought a new position in shares of VSE in the 2nd quarter valued at about $10,326,000. Finally, Hennessy Advisors Inc. acquired a new position in shares of VSE during the 2nd quarter worth about $9,388,000. Institutional investors own 91.54% of the company’s stock.

Insiders Place Their Bets

In other news, major shareholder Calvin Scott Koonce sold 15,300 shares of VSE stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $91.83, for a total value of $1,404,999.00. Following the sale, the insider now directly owns 463,284 shares in the company, valued at $42,543,369.72. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 14.60% of the company’s stock.

About VSE

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.