B. Riley Issues Pessimistic Estimate for VSE Earnings

VSE Co. (NASDAQ:VSEC) – Equities researchers at B. Riley cut their Q4 2024 earnings per share estimates for shares of VSE in a report released on Thursday, November 7th. B. Riley analyst J. Van. Sinderen now forecasts that the construction company will earn $0.70 per share for the quarter, down from their prior estimate of $0.74. B. Riley has a “Buy” rating and a $132.00 price objective on the stock. The consensus estimate for VSE’s current full-year earnings is $3.01 per share. B. Riley also issued estimates for VSE’s FY2025 earnings at $4.59 EPS and FY2026 earnings at $5.91 EPS.

Several other analysts also recently weighed in on the company. StockNews.com upgraded VSE to a “sell” rating in a research report on Thursday. Jefferies Financial Group increased their price objective on shares of VSE from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. Royal Bank of Canada boosted their price objective on shares of VSE from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Thursday. Truist Financial raised their target price on shares of VSE from $115.00 to $133.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Benchmark reaffirmed a “buy” rating and set a $100.00 price target on shares of VSE in a research report on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $116.83.

VSE Trading Up 3.0 %

VSEC opened at $117.80 on Friday. The company has a current ratio of 3.53, a quick ratio of 1.17 and a debt-to-equity ratio of 0.55. VSE has a 12 month low of $57.10 and a 12 month high of $118.94. The firm has a market cap of $2.17 billion, a P/E ratio of 35.84 and a beta of 1.56. The stock has a 50-day moving average of $93.09 and a 200 day moving average of $87.36.

Insider Buying and Selling

In other VSE news, major shareholder Calvin Scott Koonce sold 15,300 shares of VSE stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $91.83, for a total transaction of $1,404,999.00. Following the completion of the sale, the insider now owns 463,284 shares of the company’s stock, valued at approximately $42,543,369.72. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 14.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Innealta Capital LLC acquired a new stake in VSE during the 2nd quarter worth about $42,000. US Bancorp DE grew its holdings in VSE by 1,180.2% during the third quarter. US Bancorp DE now owns 2,586 shares of the construction company’s stock worth $214,000 after acquiring an additional 2,384 shares during the period. Archer Investment Corp acquired a new stake in VSE during the second quarter worth about $247,000. Park Avenue Securities LLC raised its position in VSE by 13.8% during the third quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock valued at $316,000 after acquiring an additional 464 shares in the last quarter. Finally, Arizona State Retirement System grew its position in VSE by 22.9% during the second quarter. Arizona State Retirement System now owns 4,521 shares of the construction company’s stock valued at $399,000 after buying an additional 842 shares during the period. 91.54% of the stock is currently owned by institutional investors and hedge funds.

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.