B. Riley Estimates VSE’s FY2024 Earnings (NASDAQ:VSEC)

VSE Co. (NASDAQ:VSEC) – Equities researchers at B. Riley issued their FY2024 EPS estimates for VSE in a research report issued to clients and investors on Monday, February 24th. B. Riley analyst J. Van. Sinderen expects that the construction company will earn $2.90 per share for the year. B. Riley has a “Buy” rating and a $132.00 price target on the stock. The consensus estimate for VSE’s current full-year earnings is $2.96 per share. B. Riley also issued estimates for VSE’s FY2025 earnings at $2.94 EPS, FY2026 earnings at $4.69 EPS and FY2027 earnings at $6.80 EPS.

VSEC has been the subject of several other reports. Truist Financial decreased their target price on shares of VSE from $133.00 to $129.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. StockNews.com raised shares of VSE to a “sell” rating in a research report on Wednesday, February 12th. Finally, Royal Bank of Canada upped their target price on shares of VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a report on Friday, December 6th. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the company. Based on data from MarketBeat.com, VSE presently has a consensus rating of “Moderate Buy” and an average target price of $117.83.

VSE Stock Up 2.6 %

NASDAQ:VSEC opened at $100.56 on Wednesday. VSE has a twelve month low of $70.61 and a twelve month high of $123.92. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 18.62 and a beta of 1.61. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. The stock’s 50 day moving average price is $99.71 and its two-hundred day moving average price is $99.24.

Institutional Investors Weigh In On VSE

Several hedge funds have recently bought and sold shares of the stock. Castleark Management LLC acquired a new position in shares of VSE in the fourth quarter valued at approximately $7,245,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in VSE by 53.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 32,202 shares of the construction company’s stock valued at $3,062,000 after buying an additional 11,153 shares in the last quarter. Woodline Partners LP grew its holdings in VSE by 148.6% in the 4th quarter. Woodline Partners LP now owns 112,840 shares of the construction company’s stock valued at $10,731,000 after buying an additional 67,452 shares in the last quarter. Zimmer Partners LP acquired a new stake in shares of VSE during the fourth quarter worth $3,328,000. Finally, Squarepoint Ops LLC bought a new stake in shares of VSE in the fourth quarter valued at about $1,157,000. 91.54% of the stock is currently owned by institutional investors and hedge funds.

VSE Dividend Announcement

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

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.