VSE (NASDAQ:VSEC) Posts Earnings Results, Beats Expectations By $0.17 EPS

VSE (NASDAQ:VSEC) issued its earnings results on Wednesday. The construction company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.73 by $0.17, Zacks reports. VSE had a return on equity of 7.26% and a net margin of 1.36%. The company had revenue of $299.02 million during the quarter, compared to the consensus estimate of $289.97 million.

VSE Stock Up 16.7 %

Shares of VSEC opened at $117.82 on Friday. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. VSE has a 12 month low of $71.34 and a 12 month high of $123.92. The firm’s 50 day moving average is $100.01 and its 200-day moving average is $99.38. The stock has a market capitalization of $2.40 billion, a PE ratio of 21.82 and a beta of 1.61.

VSE Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd were given a dividend of $0.10 per share. The ex-dividend date was Thursday, January 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.34%. VSE’s payout ratio is presently 7.41%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Royal Bank of Canada lifted their price objective on shares of VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. StockNews.com raised shares of VSE to a “sell” rating in a report on Wednesday, February 12th. Truist Financial lowered their price target 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. Finally, B. Riley boosted their price objective on VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $117.83.

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.