VSE (VSEC) Set to Announce Quarterly Earnings on Tuesday

VSE (NASDAQ:VSEC) is set to release its earnings data after the market closes on Tuesday, November 5th. Analysts expect VSE to post earnings of $0.63 per share for the quarter.

VSE (NASDAQ:VSEC) last released its quarterly earnings results on Wednesday, July 31st. The construction company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.01). VSE had a net margin of 1.21% and a return on equity of 7.87%. The firm had revenue of $265.96 million during the quarter, compared to analyst estimates of $256.60 million. On average, analysts expect VSE to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

VSE Stock Down 3.4 %

Shares of VSE stock opened at $102.62 on Friday. The firm has a market cap of $1.89 billion, a PE ratio of 32.70 and a beta of 1.60. The business’s 50 day simple moving average is $90.54 and its 200 day simple moving average is $85.84. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.17 and a current ratio of 3.53. VSE has a 52-week low of $52.58 and a 52-week high of $108.30.

Insider Activity at VSE

In other news, major shareholder Calvin Scott Koonce sold 15,300 shares of VSE stock in a transaction on 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. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 14.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently commented on VSEC. Benchmark restated a “buy” rating and set a $100.00 target price on shares of VSE in a report on Friday, August 2nd. Truist Financial upped their price target on shares of VSE from $97.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. Jefferies Financial Group lifted their price objective on shares of VSE from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, October 17th. Finally, Royal Bank of Canada raised their target price on shares of VSE from $100.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday, October 22nd. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, VSE currently has an average rating of “Moderate Buy” and a consensus price target of $107.83.

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.