VSE (NASDAQ:VSEC) Raised to “Sell” at StockNews.com

StockNews.com upgraded shares of VSE (NASDAQ:VSEC) to a sell rating in a research note released on Thursday.

Several other research firms have also issued reports on VSEC. Benchmark reissued a “buy” rating and issued a $100.00 price objective on shares of VSE in a research report on Friday, August 2nd. 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 report on Thursday. Jefferies Financial Group boosted their price objective on VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, October 17th. B. Riley upped their target price on VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Truist Financial raised their target price on VSE from $115.00 to $133.00 and gave the company a “buy” rating in a report on Thursday. One research analyst has rated the stock with a sell rating and six have given a buy rating to the company. According to data from MarketBeat.com, VSE presently has an average rating of “Moderate Buy” and an average target price of $116.83.

VSE Stock Up 3.0 %

Shares of NASDAQ VSEC opened at $117.80 on Thursday. The company has a quick ratio of 1.17, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $2.40 billion, a PE ratio of 36.25 and a beta of 1.56. The firm has a fifty day moving average of $93.09 and a 200-day moving average of $87.49. VSE has a 52-week low of $57.10 and a 52-week high of $118.94.

VSE (NASDAQ:VSEC) last announced its quarterly earnings results on Wednesday, November 6th. The construction company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.63 by $0.08. The company had revenue of $273.61 million during the quarter, compared to analyst estimates of $270.88 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. During the same period in the prior year, the firm posted $0.92 earnings per share. On average, analysts anticipate that VSE will post 2.96 EPS for the current year.

Insiders Place Their Bets

In other news, major shareholder Calvin Scott Koonce sold 15,300 shares of the company’s stock in a transaction dated 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 owns 463,284 shares in the company, valued at approximately $42,543,369.72. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 14.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Innealta Capital LLC bought a new position in VSE during the second quarter worth $42,000. US Bancorp DE raised its stake in VSE by 1,180.2% during the third quarter. US Bancorp DE now owns 2,586 shares of the construction company’s stock worth $214,000 after acquiring an additional 2,384 shares during the period. Archer Investment Corp acquired a new stake in VSE during the second quarter worth about $247,000. Park Avenue Securities LLC lifted its holdings in VSE by 13.8% in the third quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock worth $316,000 after acquiring an additional 464 shares during the last quarter. Finally, Intech Investment Management LLC acquired a new position in VSE in the third quarter valued at approximately $394,000. 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.