B. Riley Comments on VSE Co.’s Q4 2024 Earnings (NASDAQ:VSEC)

VSE Co. (NASDAQ:VSEC) – Equities research analysts at B. Riley reduced their Q4 2024 earnings per share (EPS) estimates for VSE in a report issued on Friday, August 2nd. B. Riley analyst J. Van. Sinderen now forecasts that the construction company will earn $0.88 per share for the quarter, down from their previous forecast of $0.91. B. Riley has a “Buy” rating and a $101.00 price objective on the stock. The consensus estimate for VSE’s current full-year earnings is $3.13 per share.

VSE (NASDAQ:VSEC) last announced its quarterly earnings results on Wednesday, May 8th. The construction company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.12. VSE had a net margin of 1.21% and a return on equity of 8.41%. The firm had revenue of $241.54 million for the quarter, compared to analysts’ expectations of $242.42 million.

Other research analysts have also issued reports about the company. Royal Bank of Canada reissued an “outperform” rating and issued a $100.00 price objective on shares of VSE in a research report on Thursday, August 1st. Stifel Nicolaus started coverage on shares of VSE in a research report on Friday, June 28th. They issued a “buy” rating and a $101.00 price objective for the company. Benchmark restated a “buy” rating and issued a $100.00 target price on shares of VSE in a research note on Friday, August 2nd. Finally, Truist Financial upped their price objective on shares of VSE from $92.00 to $97.00 and gave the company a “buy” rating in a research report on Wednesday, July 17th. One analyst has rated the stock with a sell rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $99.80.

VSE Stock Performance

Shares of VSEC stock opened at $80.07 on Monday. The company has a current ratio of 3.33, a quick ratio of 0.99 and a debt-to-equity ratio of 0.74. The company has a market cap of $1.28 billion, a PE ratio of 25.90 and a beta of 1.59. The company’s fifty day simple moving average is $85.89 and its 200-day simple moving average is $78.39. VSE has a 52 week low of $48.47 and a 52 week high of $94.10.

VSE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.50%. The ex-dividend date is Wednesday, November 6th.

Institutional Trading of VSE

Hedge funds and other institutional investors have recently bought and sold shares of the company. Arizona State Retirement System grew its position in shares of VSE by 22.9% in the 2nd quarter. Arizona State Retirement System now owns 4,521 shares of the construction company’s stock worth $399,000 after acquiring an additional 842 shares in the last quarter. Archer Investment Corp acquired a new stake in shares of VSE during the second quarter worth $247,000. Rhumbline Advisers lifted its position in shares of VSE by 8.2% in the 2nd quarter. Rhumbline Advisers now owns 21,706 shares of the construction company’s stock worth $1,916,000 after buying an additional 1,650 shares during the last quarter. Wisconsin Capital Management LLC grew its position in shares of VSE by 27.3% during the 2nd quarter. Wisconsin Capital Management LLC now owns 50,650 shares of the construction company’s stock valued at $4,471,000 after buying an additional 10,850 shares during the last quarter. Finally, Lisanti Capital Growth LLC raised its stake in VSE by 14.3% during the second quarter. Lisanti Capital Growth LLC now owns 50,940 shares of the construction company’s stock worth $4,497,000 after acquiring an additional 6,370 shares during the period. 91.54% of the stock is owned by 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.