Analysts Set VSE Co. (NASDAQ:VSEC) PT at $116.83

VSE Co. (NASDAQ:VSEC) has been assigned a consensus recommendation of “Buy” from the six brokerages that are covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a buy rating. The average 1-year target price among analysts that have covered the stock in the last year is $116.83.

Several research analysts have weighed in on VSEC shares. Truist Financial boosted their price target on VSE from $115.00 to $133.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Jefferies Financial Group boosted their price target on VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th. B. Riley lifted their target price on VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Benchmark reiterated a “buy” rating and set a $100.00 target price on shares of VSE in a research note on Friday, August 2nd. Finally, StockNews.com upgraded VSE to a “sell” rating in a research note on Thursday, November 7th.

VSE Stock Down 1.1 %

Shares of VSE stock opened at $114.99 on Monday. The business’s 50 day simple moving average is $100.45 and its 200 day simple moving average is $90.58. VSE has a 52-week low of $57.10 and a 52-week high of $123.92. The firm has a market cap of $2.35 billion, a PE ratio of 35.72 and a beta of 1.56. 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 (NASDAQ:VSEC) last posted its quarterly earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.08. The firm had revenue of $273.61 million for the quarter, compared to analyst estimates of $270.88 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. During the same quarter in the previous year, the firm earned $0.92 EPS. On average, analysts predict that VSE will post 2.9 earnings per share for the current fiscal year.

Institutional Trading of VSE

A number of institutional investors have recently modified their holdings of VSEC. Innealta Capital LLC acquired a new position in shares of VSE during the 2nd quarter worth $42,000. Sanctuary Advisors LLC acquired a new stake in shares of VSE in the third quarter valued at about $155,000. US Bancorp DE increased its stake in shares of VSE by 1,180.2% in the third quarter. US Bancorp DE now owns 2,586 shares of the construction company’s stock valued at $214,000 after buying an additional 2,384 shares during the period. Archer Investment Corp acquired a new stake in shares of VSE in the second quarter valued at about $247,000. Finally, BNP Paribas Financial Markets increased its stake in shares of VSE by 4.2% in the third quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company’s stock valued at $274,000 after buying an additional 134 shares during the period. 91.54% of the stock is currently owned by institutional investors.

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.