VSE Co. (NASDAQ:VSEC) Given Average Rating of “Buy” by Brokerages

VSE Co. (NASDAQ:VSEC) has received a consensus rating of “Buy” from the six research firms that are currently covering the firm, MarketBeat reports. Six analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have covered the stock in the last year is $118.50.

VSEC has been the topic of several research analyst reports. B. Riley lifted their price target on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Truist Financial boosted their price target on shares of VSE from $115.00 to $133.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Jefferies Financial Group upped their price target on shares of VSE from $100.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, October 17th. StockNews.com raised shares of VSE to a “sell” rating in a research note on Monday, December 9th. Finally, Royal Bank of Canada increased their target price on shares of VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Friday, December 6th.

Institutional Trading of VSE

Large investors have recently added to or reduced their stakes in the company. AltraVue Capital LLC purchased a new position in shares of VSE during the second quarter valued at $48,343,000. Franklin Resources Inc. grew its stake in VSE by 121.6% during the 3rd 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. Primecap Management Co. CA acquired a new position in shares of VSE in the 3rd quarter valued at about $11,016,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of VSE in the second quarter worth approximately $10,326,000. Finally, Wasatch Advisors LP acquired a new stake in shares of VSE during the third quarter worth approximately $8,437,000. 91.54% of the stock is owned by institutional investors and hedge funds.

VSE Stock Performance

VSEC stock opened at $98.39 on Friday. The company has a 50-day simple moving average of $110.38 and a 200 day simple moving average of $95.02. The company has a market capitalization of $2.01 billion, a P/E ratio of 21.91 and a beta of 1.57. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. VSE has a fifty-two week low of $57.10 and a fifty-two week 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 for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. VSE had a net margin of 1.36% and a return on equity of 7.26%. The company had revenue of $273.61 million during the quarter, compared to analyst estimates of $270.88 million. During the same period in the prior year, the business posted $0.92 EPS. Sell-side analysts predict that VSE will post 2.92 earnings per share for the current fiscal year.

VSE Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Investors 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 0.41%. VSE’s dividend payout ratio (DPR) is presently 8.91%.

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.