VSE Co. (NASDAQ:VSEC) Given Consensus Rating of “Buy” by Analysts

Shares of VSE Co. (NASDAQ:VSEC) have received an average rating of “Buy” from the six brokerages that are presently covering the stock, MarketBeat reports. Six research analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $117.83.

A number of research analysts have commented on VSEC shares. Royal Bank of Canada increased their price objective 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. B. Riley increased their price objective on shares of VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. StockNews.com raised shares of VSE to a “sell” rating in a report on Monday, December 9th. Jefferies Financial Group increased their price objective on shares of VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, October 17th. Finally, Truist Financial lowered their target price on shares of VSE from $133.00 to $129.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th.

VSE Stock Performance

VSE stock opened at $103.38 on Tuesday. VSE has a 52-week low of $57.45 and a 52-week high of $123.92. The firm has a fifty day moving average of $106.72 and a 200-day moving average of $96.31. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15.

VSE (NASDAQ:VSEC) last announced its earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.08. The business had revenue of $273.61 million during the quarter, compared to the consensus estimate 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 prior year, the firm earned $0.92 earnings per share. As a group, analysts predict that VSE will post 2.92 EPS for the current year.

VSE Announces Dividend

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

Institutional Trading of VSE

Institutional investors have recently made changes to their positions in the stock. Sanctuary Advisors LLC acquired a new stake in shares of VSE during the third quarter worth approximately $155,000. US Bancorp DE boosted its holdings in shares of 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 purchasing an additional 2,384 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of VSE by 4.2% during the third quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company’s stock worth $274,000 after purchasing an additional 134 shares during the period. Park Avenue Securities LLC boosted its holdings in shares of VSE by 13.8% during the third quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock worth $316,000 after purchasing an additional 464 shares during the period. Finally, Intech Investment Management LLC bought a new position in VSE during the third quarter valued at approximately $394,000. 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.