VSE (NASDAQ:VSEC) Upgraded at StockNews.com

StockNews.com upgraded shares of VSE (NASDAQ:VSEC) to a sell rating in a research note issued to investors on Monday.

Other research analysts also recently issued research reports about the stock. Royal Bank of Canada increased their price objective 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 increased their price target on VSE from $115.00 to $133.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Jefferies Financial Group lifted their price objective on VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, October 17th. Finally, B. Riley increased their target price on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $118.50.

VSE Stock Down 1.8 %

Shares of VSE stock opened at $115.51 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69. The stock’s 50-day simple moving average is $107.40 and its 200-day simple moving average is $93.48. VSE has a 52 week low of $57.10 and a 52 week high of $123.92.

VSE (NASDAQ:VSEC) last posted its quarterly earnings results on Wednesday, November 6th. The construction company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. The company had revenue of $273.61 million for the quarter, compared to analysts’ expectations of $270.88 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. During the same period in the previous year, the firm earned $0.92 EPS. As a group, research analysts predict that VSE will post 2.9 EPS for the current year.

Institutional Trading of VSE

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jennison Associates LLC increased its position in VSE by 3.8% during the third quarter. Jennison Associates LLC now owns 823,749 shares of the construction company’s stock valued at $68,149,000 after acquiring an additional 29,811 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in VSE by 1.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 822,784 shares of the construction company’s stock valued at $72,634,000 after purchasing an additional 15,323 shares during the last quarter. AltraVue Capital LLC bought a new position in VSE during the 2nd quarter valued at about $48,343,000. Geode Capital Management LLC raised its position in VSE by 12.5% in the 3rd quarter. Geode Capital Management LLC now owns 382,719 shares of the construction company’s stock worth $31,669,000 after purchasing an additional 42,637 shares during the period. Finally, Franklin Resources Inc. lifted its stake in VSE by 121.6% in the third quarter. Franklin Resources Inc. now owns 325,121 shares of the construction company’s stock worth $29,801,000 after purchasing an additional 178,435 shares during the last quarter. Hedge funds and other institutional investors own 91.54% of the company’s stock.

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.