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

VSE Co. (NASDAQ:VSEC) has been assigned an average recommendation of “Buy” from the six analysts that are covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokerages that have covered the stock in the last year is $118.67.

Several research firms recently commented on VSEC. Truist Financial boosted their price target on VSE from $129.00 to $134.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Royal Bank of Canada boosted their price target on VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Finally, StockNews.com upgraded VSE to a “sell” rating in a research note on Thursday, March 6th.

VSE Trading Up 3.2 %

NASDAQ:VSEC opened at $117.57 on Wednesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69. VSE has a one year low of $73.36 and a one year high of $123.92. The business’s 50-day simple moving average is $102.53 and its 200 day simple moving average is $100.93. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of 141.65 and a beta of 1.62.

VSE (NASDAQ:VSEC) last released its quarterly earnings results on Wednesday, February 26th. The construction company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.73 by $0.17. VSE had a return on equity of 7.26% and a net margin of 1.36%. The business had revenue of $299.02 million for the quarter, compared to analysts’ expectations of $289.97 million. As a group, sell-side analysts predict that VSE will post 2.96 earnings per share for the current fiscal year.

VSE Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.34%. The ex-dividend date of this dividend is Thursday, May 1st. VSE’s payout ratio is currently 48.19%.

Institutional Trading of VSE

Institutional investors and hedge funds have recently made changes to their positions in the stock. Sterling Capital Management LLC raised its position in shares of VSE by 857.1% during the 4th quarter. Sterling Capital Management LLC now owns 469 shares of the construction company’s stock worth $45,000 after purchasing an additional 420 shares during the period. Quantbot Technologies LP acquired a new stake in shares of VSE during the 4th quarter worth approximately $47,000. Tower Research Capital LLC TRC raised its position in shares of VSE by 21.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company’s stock worth $138,000 after purchasing an additional 258 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of VSE during the 3rd quarter worth approximately $155,000. Finally, Summit Investment Advisors Inc. raised its position in shares of VSE by 14.5% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,842 shares of the construction company’s stock worth $175,000 after purchasing an additional 233 shares during the period. 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.