VSE Co. (NASDAQ:VSEC) Receives Consensus Rating of “Buy” from Analysts

VSE Co. (NASDAQ:VSEC) has been assigned an average rating of “Buy” from the six research firms that are currently covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a buy rating. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $117.83.

A number of analysts have recently issued reports on the stock. StockNews.com upgraded shares of VSE to a “sell” rating in a report on Tuesday, January 28th. Royal Bank of Canada increased their target price on shares of VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Truist Financial decreased their price objective on shares of VSE from $133.00 to $129.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Jefferies Financial Group lifted their target price on shares of VSE from $100.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, October 17th. Finally, B. Riley upped their price target on VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th.

Institutional Trading of VSE

Several hedge funds have recently modified their holdings of the stock. Lisanti Capital Growth LLC increased its holdings in VSE by 6.2% during the 4th quarter. Lisanti Capital Growth LLC now owns 41,800 shares of the construction company’s stock worth $3,975,000 after purchasing an additional 2,455 shares during the period. M&T Bank Corp acquired a new stake in VSE in the fourth quarter valued at approximately $239,000. Victory Capital Management Inc. grew its holdings in VSE by 15.0% during the 4th quarter. Victory Capital Management Inc. now owns 17,715 shares of the construction company’s stock worth $1,685,000 after acquiring an additional 2,314 shares in the last quarter. Keybank National Association OH increased its position in shares of VSE by 9.4% in the 4th quarter. Keybank National Association OH now owns 6,099 shares of the construction company’s stock valued at $580,000 after purchasing an additional 525 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of VSE by 15.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 188,274 shares of the construction company’s stock valued at $17,905,000 after purchasing an additional 24,964 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.

VSE Stock Performance

NASDAQ:VSEC opened at $105.68 on Friday. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. The stock has a 50 day moving average price of $103.16 and a 200 day moving average price of $97.74. VSE has a one year low of $65.29 and a one year high of $123.92.

VSE (NASDAQ:VSEC) last announced its quarterly 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. VSE had a net margin of 1.36% and a return on equity of 7.26%. The firm had revenue of $273.61 million for the quarter, compared to analysts’ expectations of $270.88 million. During the same quarter in the previous year, the company posted $0.92 EPS. On average, analysts forecast that VSE will post 2.96 EPS for the current year.

VSE Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd were paid a $0.10 dividend. The ex-dividend date was Thursday, January 23rd. This represents a $0.40 annualized dividend and a dividend yield of 0.38%.

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.