VSE (VSEC) Expected to Announce Earnings on Thursday

VSE (NASDAQ:VSEC) is expected to be releasing its earnings data after the market closes on Thursday, March 6th. Analysts expect VSE to post earnings of $0.73 per share and revenue of $289.72 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

VSE (NASDAQ:VSEC) last issued its earnings results on Wednesday, February 26th. The construction company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.17. The business had revenue of $299.02 million for the quarter, compared to the consensus estimate of $289.97 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. On average, analysts expect VSE to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

VSE Price Performance

Shares of VSEC opened at $115.93 on Wednesday. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 139.67 and a beta of 1.61. VSE has a 1-year low of $72.65 and a 1-year high of $123.92. The company’s fifty day simple moving average is $100.69 and its 200 day simple moving average is $99.97. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53.

VSE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.35%. VSE’s dividend payout ratio (DPR) is 48.19%.

Analysts Set New Price Targets

A number of equities analysts have commented on VSEC shares. Royal Bank of Canada lifted their price objective 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. StockNews.com raised shares of VSE to a “sell” rating in a research report on Wednesday, February 12th. B. Riley lifted 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, Truist Financial lifted their price objective on shares of VSE from $129.00 to $134.00 and gave the stock a “buy” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the company. According to data from MarketBeat, VSE presently has an average rating of “Moderate Buy” and an average target price of $118.67.

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.