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

VSE (NASDAQ:VSEC) was upgraded by equities research analysts at StockNews.com to a “sell” rating in a report released on Tuesday.

A number of other brokerages have also weighed in on VSEC. B. Riley increased their price objective on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Royal Bank of Canada upped their price objective on shares of VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Jefferies Financial Group boosted their target price on shares of VSE from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, October 17th. Finally, Truist Financial reduced their price objective on VSE from $133.00 to $129.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, VSE presently has a consensus rating of “Moderate Buy” and an average price target of $117.83.

VSE Trading Down 0.3 %

VSE stock opened at $102.88 on Tuesday. The business has a fifty day moving average price of $104.57 and a 200-day moving average price of $97.19. VSE has a 1-year low of $59.18 and a 1-year high of $123.92. 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 posted its quarterly earnings data on Wednesday, November 6th. The construction company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.08. The firm had revenue of $273.61 million for 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 quarter in the prior year, the company posted $0.92 earnings per share. As a group, equities analysts anticipate that VSE will post 2.95 EPS for the current year.

Institutional Trading of VSE

Several large investors have recently made changes to their positions in VSEC. Squarepoint Ops LLC acquired a new stake in shares of VSE in the second quarter valued at about $892,000. The Manufacturers Life Insurance Company grew its position in shares of VSE by 6.5% in the second quarter. The Manufacturers Life Insurance Company now owns 5,250 shares of the construction company’s stock valued at $463,000 after purchasing an additional 320 shares in the last quarter. Ghisallo Capital Management LLC acquired a new stake in shares of VSE in the second quarter valued at approximately $4,414,000. Park Avenue Securities LLC boosted its stake in 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 buying an additional 464 shares during the last quarter. Finally, US Bancorp DE increased its stake in shares of VSE by 1,180.2% in the 3rd 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 last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

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.