VSE Co. (NASDAQ:VSEC) Given Consensus Rating of “Buy” by Analysts

VSE Co. (NASDAQ:VSEC) has earned an average rating of “Buy” from the six ratings firms that are currently covering the company, Marketbeat reports. Six analysts have rated the stock with a buy recommendation. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $118.50.

A number of analysts recently issued reports on VSEC shares. Royal Bank of Canada increased their target price on shares of VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Truist Financial raised their target price on shares of VSE from $115.00 to $133.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. StockNews.com raised shares of VSE to a “sell” rating in a research report on Monday, December 9th. B. Riley raised their price objective on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Finally, Jefferies Financial Group upped their target price on VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th.

VSE Stock Performance

NASDAQ:VSEC opened at $101.98 on Friday. The company has a market cap of $2.08 billion, a P/E ratio of 22.71 and a beta of 1.57. The firm’s 50 day moving average is $109.58 and its two-hundred day moving average is $94.47. VSE has a fifty-two week low of $57.10 and a fifty-two week 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.

VSE (NASDAQ:VSEC) last issued its earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.08. VSE had a return on equity of 7.26% and a net margin of 1.36%. The business had revenue of $273.61 million for the quarter, compared to analyst estimates of $270.88 million. During the same period last year, the company posted $0.92 EPS. Analysts expect that VSE will post 2.92 EPS for the current year.

VSE Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Investors of record on Thursday, January 23rd will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend is Thursday, January 23rd. VSE’s dividend payout ratio (DPR) is 8.91%.

Institutional Investors Weigh In On VSE

A number of hedge funds have recently bought and sold shares of VSEC. BNP Paribas Financial Markets raised its position in shares of VSE by 4.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company’s stock valued at $274,000 after purchasing an additional 134 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of VSE by 6.5% in the second quarter. The Manufacturers Life Insurance Company now owns 5,250 shares of the construction company’s stock worth $463,000 after buying an additional 320 shares during the last quarter. Park Avenue Securities LLC raised its holdings in VSE by 13.8% in the third quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock valued at $316,000 after acquiring an additional 464 shares in the last quarter. Innealta Capital LLC bought a new position in VSE during the 2nd quarter valued at $42,000. Finally, Arizona State Retirement System grew its holdings in VSE by 22.9% during the 2nd quarter. Arizona State Retirement System now owns 4,521 shares of the construction company’s stock worth $399,000 after acquiring an additional 842 shares in the last quarter. Institutional investors and hedge funds 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.