VSE Co. (NASDAQ:VSEC) Given Consensus Recommendation of “Buy” by Brokerages

Shares of VSE Co. (NASDAQ:VSEC) have received an average recommendation of “Buy” from the five analysts that are currently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a buy rating. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $93.80.

VSEC has been the subject of a number of recent analyst reports. Truist Financial raised their price objective on shares of VSE from $92.00 to $97.00 and gave the stock a “buy” rating in a research note on Wednesday, July 17th. Stifel Nicolaus initiated coverage on shares of VSE in a research report on Friday, June 28th. They issued a “buy” rating and a $101.00 target price for the company. Benchmark increased their target price on shares of VSE from $85.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, June 14th. Finally, B. Riley increased their target price on shares of VSE from $91.00 to $101.00 and gave the stock a “buy” rating in a research report on Friday, May 10th.

Institutional Investors Weigh In On VSE

Institutional investors and hedge funds have recently modified their holdings of the business. Bfsg LLC acquired a new stake in shares of VSE in the 4th quarter valued at $41,000. AJOVista LLC acquired a new stake in shares of VSE in the 4th quarter valued at $75,000. Park Avenue Securities LLC acquired a new stake in shares of VSE in the 1st quarter valued at $221,000. Caprock Group LLC acquired a new stake in shares of VSE in the 1st quarter valued at $241,000. Finally, Simplex Trading LLC acquired a new stake in shares of VSE in the 4th quarter valued at $199,000. Institutional investors and hedge funds own 91.54% of the company’s stock.

VSE Trading Up 1.3 %

VSE stock opened at $91.69 on Tuesday. The company has a 50 day moving average price of $85.12 and a 200 day moving average price of $76.89. VSE has a 52 week low of $48.47 and a 52 week high of $94.10. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.99 and a current ratio of 3.33. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 28.80 and a beta of 1.59.

VSE (NASDAQ:VSEC) last posted its quarterly earnings data on Wednesday, May 8th. The construction company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.12. VSE had a net margin of 2.56% and a return on equity of 8.85%. The firm had revenue of $241.54 million during the quarter, compared to analyst estimates of $242.42 million. Research analysts forecast that VSE will post 3.46 EPS for the current year.

VSE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Wednesday, July 17th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.44%. The ex-dividend date is Wednesday, July 17th.

About VSE

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.