VSE (NASDAQ:VSEC) Announces Quarterly Earnings Results

VSE (NASDAQ:VSEC) posted its quarterly earnings data on Wednesday. The construction company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.73 by $0.17, Zacks reports. VSE had a net margin of 1.36% and a return on equity of 7.26%.

VSE Price Performance

VSEC stock traded up $0.44 during midday trading on Wednesday, reaching $101.00. 237,975 shares of the company’s stock traded hands, compared to its average volume of 226,667. The company has a 50-day simple moving average of $99.71 and a two-hundred day simple moving average of $99.24. VSE has a 1-year low of $71.34 and a 1-year high of $123.92. 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 company has a market cap of $2.06 billion, a price-to-earnings ratio of 18.70 and a beta of 1.61.

VSE Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date of this dividend was Thursday, January 23rd. VSE’s dividend payout ratio (DPR) is presently 7.41%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on VSEC shares. Royal Bank of Canada lifted 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. Truist Financial decreased their target price on shares of VSE from $133.00 to $129.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. B. Riley boosted their price objective on shares of VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Finally, StockNews.com upgraded shares of VSE to a “sell” rating in a research report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, VSE has a consensus rating of “Moderate Buy” and a consensus target price of $117.83.

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.