Analysts Set VSE Co. (NASDAQ:VSEC) PT at $118.67

VSE Co. (NASDAQ:VSEC) has earned an average rating of “Buy” from the six research firms that are covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy recommendation. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $118.67.

Several research analysts have recently weighed in on the stock. Royal Bank of Canada increased their price objective on shares of VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. StockNews.com upgraded shares of VSE to a “sell” rating in a report on Thursday, March 6th. Finally, Truist Financial increased their price objective on shares of VSE from $129.00 to $134.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th.

VSE Price Performance

NASDAQ:VSEC opened at $117.57 on Wednesday. The firm has a market cap of $2.42 billion, a price-to-earnings ratio of 141.65 and a beta of 1.62. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. The company’s 50-day moving average is $102.53 and its two-hundred day moving average is $100.93. VSE has a 12-month low of $73.36 and a 12-month high of $123.92.

VSE (NASDAQ:VSEC) last released its earnings results on Wednesday, February 26th. The construction company reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.17. The company had revenue of $299.02 million for the quarter, compared to analyst estimates of $289.97 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. Research analysts expect that VSE will post 2.96 EPS for the current year.

VSE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be issued a $0.10 dividend. The ex-dividend date is Thursday, May 1st. This represents a $0.40 annualized dividend and a yield of 0.34%. VSE’s payout ratio is 48.19%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Sterling Capital Management LLC raised its holdings in VSE by 857.1% in the fourth quarter. Sterling Capital Management LLC now owns 469 shares of the construction company’s stock valued at $45,000 after buying an additional 420 shares during the period. Quantbot Technologies LP purchased a new position in VSE in the fourth quarter valued at approximately $47,000. Tower Research Capital LLC TRC grew its position in VSE by 21.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company’s stock valued at $138,000 after acquiring an additional 258 shares in the last quarter. Summit Investment Advisors Inc. raised its stake in shares of VSE by 14.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,842 shares of the construction company’s stock valued at $175,000 after purchasing an additional 233 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in shares of VSE during the third quarter worth $155,000. Hedge funds and other institutional investors own 91.54% of the company’s stock.

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.