VSE (VSEC) Expected to Announce Earnings on Thursday

VSE (NASDAQ:VSEC) is expected to post its earnings data after the market closes on Thursday, March 6th. Analysts expect VSE to post earnings of $0.73 per share and revenue of $289.72 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

VSE (NASDAQ:VSEC) last issued its earnings results on Wednesday, February 26th. The construction company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.17. VSE had a return on equity of 7.26% and a net margin of 1.36%. The firm had revenue of $299.02 million for the quarter, compared to the consensus estimate of $289.97 million. On average, analysts expect VSE to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

VSE Price Performance

VSE stock opened at $101.00 on Thursday. 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 has a 52 week low of $71.34 and a 52 week high of $123.92. The stock has a market capitalization of $2.06 billion, a P/E ratio of 18.70 and a beta of 1.61. The stock has a fifty day moving average of $99.69 and a 200-day moving average of $99.25.

VSE Announces Dividend

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

Analysts Set New Price Targets

A number of analysts have weighed in on VSEC shares. B. Riley raised their target price on shares of VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Truist Financial cut their price objective on VSE from $133.00 to $129.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Royal Bank of Canada upped their target price on VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Finally, StockNews.com raised VSE to a “sell” rating in a research note on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $117.83.

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.