B. Riley Equities Analysts Cut Earnings Estimates for VSE

VSE Co. (NASDAQ:VSEC) – Investment analysts at B. Riley reduced their Q4 2024 earnings estimates for shares of VSE in a research report issued to clients and investors on Thursday, November 7th. B. Riley analyst J. Van. Sinderen now expects that the construction company will post earnings of $0.70 per share for the quarter, down from their prior estimate of $0.74. B. Riley currently has a “Buy” rating and a $132.00 target price on the stock. The consensus estimate for VSE’s current full-year earnings is $3.01 per share. B. Riley also issued estimates for VSE’s FY2025 earnings at $4.59 EPS and FY2026 earnings at $5.91 EPS.

Several other research analysts have also recently commented on the company. Truist Financial boosted their target price on VSE from $115.00 to $133.00 and gave the stock a “buy” rating in a research note on Thursday. StockNews.com raised VSE to a “sell” rating in a research report on Thursday. Royal Bank of Canada raised their target price on shares of VSE from $120.00 to $125.00 and gave the company an “outperform” rating in a report on Thursday. Jefferies Financial Group boosted their price target on shares of VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, October 17th. Finally, Benchmark restated a “buy” rating and issued a $100.00 price objective on shares of VSE in a report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, VSE has an average rating of “Moderate Buy” and a consensus price target of $116.83.

VSE Price Performance

VSE stock opened at $114.42 on Friday. The company’s 50 day moving average is $92.60 and its two-hundred day moving average is $87.07. The firm has a market cap of $2.11 billion, a PE ratio of 35.84 and a beta of 1.56. The company has a quick ratio of 1.17, a current ratio of 3.53 and a debt-to-equity ratio of 0.55. VSE has a 52-week low of $56.98 and a 52-week high of $116.95.

Insider Buying and Selling

In other VSE news, major shareholder Calvin Scott Koonce sold 15,300 shares of VSE stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $91.83, for a total value of $1,404,999.00. Following the transaction, the insider now directly owns 463,284 shares in the company, valued at approximately $42,543,369.72. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 14.60% of the stock is owned by company insiders.

Institutional Trading of VSE

A number of hedge funds have recently added to or reduced their stakes in VSEC. BNP Paribas Financial Markets lifted its holdings in shares of VSE by 80.8% during the first quarter. BNP Paribas Financial Markets now owns 6,431 shares of the construction company’s stock worth $514,000 after purchasing an additional 2,874 shares during the period. Lisanti Capital Growth LLC acquired a new stake in shares of VSE in the 1st quarter worth $3,566,000. Russell Investments Group Ltd. boosted its holdings in shares of VSE by 11.9% in the first quarter. Russell Investments Group Ltd. now owns 90,252 shares of the construction company’s stock valued at $7,220,000 after acquiring an additional 9,608 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of VSE by 1.7% during the first quarter. Vanguard Group Inc. now owns 724,681 shares of the construction company’s stock worth $57,974,000 after acquiring an additional 12,407 shares during the period. Finally, Capital Research Global Investors acquired a new position in shares of VSE during the first quarter worth about $81,623,000. 91.54% of the stock is owned by institutional investors and hedge funds.

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.