Stifel Nicolaus Initiates Coverage on VSE (NASDAQ:VSEC)

Investment analysts at Stifel Nicolaus initiated coverage on shares of VSE (NASDAQ:VSEC) in a research note issued to investors on Friday, MarketBeat.com reports. The firm set a “buy” rating and a $101.00 price target on the construction company’s stock. Stifel Nicolaus’ target price suggests a potential upside of 14.41% from the stock’s current price.

A number of other equities analysts also recently issued reports on VSEC. B. Riley upped their price target on VSE from $91.00 to $101.00 and gave the company a “buy” rating in a report on Friday, May 10th. Truist Financial upped their price target on VSE from $86.00 to $92.00 and gave the company a “buy” rating in a report on Friday, May 10th. Finally, Benchmark upped their price target on VSE from $85.00 to $100.00 and gave the company a “buy” rating in a report on Friday, June 14th. One investment analyst has rated the stock with a sell rating and five have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $92.80.

VSE Stock Up 1.3 %

VSEC stock opened at $88.28 on Friday. The company’s 50 day moving average price is $80.92 and its 200 day moving average price is $73.28. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.99 and a current ratio of 3.33. VSE has a fifty-two week low of $48.47 and a fifty-two week high of $91.73. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 27.06 and a beta of 1.62.

VSE (NASDAQ:VSEC) last released its earnings results on Wednesday, May 8th. The construction company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.12. VSE had a net margin of 2.56% and a return on equity of 8.85%. The firm had revenue of $241.54 million for the quarter, compared to analyst estimates of $242.42 million. On average, equities research analysts anticipate that VSE will post 3.47 EPS for the current fiscal year.

Institutional Investors Weigh In On VSE

Large investors have recently modified their holdings of the company. Bfsg LLC acquired a new stake in shares of VSE in the fourth quarter valued at approximately $41,000. AJOVista LLC acquired a new stake in shares of VSE in the fourth quarter valued at approximately $75,000. Park Avenue Securities LLC purchased a new stake in shares of VSE during the first quarter worth approximately $221,000. Caprock Group LLC purchased a new stake in shares of VSE during the first quarter worth approximately $241,000. Finally, Simplex Trading LLC purchased a new stake in shares of VSE during the fourth quarter worth approximately $199,000. 91.54% of the stock is 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.