Analysts Set VSE Co. (NASDAQ:VSEC) PT at $118.50

VSE Co. (NASDAQ:VSEC) has been assigned an average recommendation of “Buy” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $118.50.

A number of equities research analysts have recently weighed in on the stock. StockNews.com raised shares of VSE to a “sell” rating in a report on Monday, December 9th. Royal Bank of Canada increased their price objective on VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Truist Financial raised their price objective on VSE from $115.00 to $133.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Jefferies Financial Group upped their target price on VSE from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, October 17th. Finally, B. Riley raised their price target on shares of VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th.

VSE Trading Down 2.5 %

VSE stock opened at $99.48 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69. The stock has a market cap of $2.03 billion, a PE ratio of 22.16 and a beta of 1.57. The stock has a 50-day moving average of $110.08 and a two-hundred day moving average of $94.80. VSE has a one year low of $57.10 and a one year high of $123.92.

VSE (NASDAQ:VSEC) last released its earnings results on Wednesday, November 6th. The construction company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. VSE had a net margin of 1.36% and a return on equity of 7.26%. The company had revenue of $273.61 million during the quarter, compared to analysts’ expectations of $270.88 million. During the same period last year, the business earned $0.92 EPS. On average, research analysts anticipate that VSE will post 2.92 EPS for the current fiscal year.

VSE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd will be given a $0.10 dividend. The ex-dividend date of this dividend is Thursday, January 23rd. This represents a $0.40 annualized dividend and a yield of 0.40%. VSE’s dividend payout ratio is presently 8.91%.

Hedge Funds Weigh In On VSE

Institutional investors have recently made changes to their positions in the company. Innealta Capital LLC purchased a new stake in VSE during the second quarter worth $42,000. Sanctuary Advisors LLC purchased a new stake in shares of VSE during the 3rd quarter worth about $155,000. US Bancorp DE grew its position in shares of VSE by 1,180.2% during the 3rd quarter. US Bancorp DE now owns 2,586 shares of the construction company’s stock valued at $214,000 after acquiring an additional 2,384 shares during the period. Archer Investment Corp purchased a new position in shares of VSE in the 2nd quarter valued at about $247,000. Finally, BNP Paribas Financial Markets raised its holdings in VSE by 4.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company’s stock worth $274,000 after purchasing an additional 134 shares during the period. 91.54% of the stock is owned by hedge funds and other institutional investors.

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.