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

VSE Co. (NASDAQ:VSEC) has been assigned a consensus rating of “Buy” from the six analysts that are presently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have covered the stock in the last year is $117.83.

A number of research analysts recently issued reports on VSEC shares. StockNews.com upgraded shares of VSE to a “sell” rating in a research report on Tuesday, January 28th. Royal Bank of Canada upped their target price on VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Truist Financial decreased their price target on VSE from $133.00 to $129.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. B. Riley lifted their target price on shares of VSE from $120.00 to $132.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Finally, Jefferies Financial Group increased 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.

Hedge Funds Weigh In On VSE

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lord Abbett & CO. LLC lifted its stake in VSE by 24.9% in the 3rd quarter. Lord Abbett & CO. LLC now owns 224,148 shares of the construction company’s stock valued at $18,544,000 after buying an additional 44,662 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of VSE by 12.5% in the third quarter. Geode Capital Management LLC now owns 382,719 shares of the construction company’s stock worth $31,669,000 after acquiring an additional 42,637 shares during the last quarter. Barclays PLC increased its position in shares of VSE by 711.2% during the third quarter. Barclays PLC now owns 40,770 shares of the construction company’s stock worth $3,374,000 after purchasing an additional 35,744 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in VSE by 14.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 163,310 shares of the construction company’s stock valued at $13,511,000 after purchasing an additional 20,114 shares during the last quarter. Finally, State Street Corp lifted its holdings in VSE by 5.2% in the 3rd quarter. State Street Corp now owns 323,830 shares of the construction company’s stock valued at $26,790,000 after purchasing an additional 15,931 shares in the last quarter. 91.54% of the stock is owned by hedge funds and other institutional investors.

VSE Price Performance

Shares of VSEC stock opened at $105.68 on Friday. VSE has a fifty-two week low of $65.29 and a fifty-two week high of $123.92. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15. The stock’s 50-day simple moving average is $103.16 and its 200-day simple moving average is $97.74.

VSE (NASDAQ:VSEC) last posted its quarterly earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. The company had revenue of $273.61 million during the quarter, compared to analyst estimates of $270.88 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. During the same period last year, the firm posted $0.92 EPS. On average, analysts forecast that VSE will post 2.96 EPS for the current year.

VSE Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 6th. Investors of record on Thursday, January 23rd were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.38%. The ex-dividend date was Thursday, January 23rd.

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.