Shares of VSE Corporation (NASDAQ:VSEC – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $161.50.
A number of brokerages have issued reports on VSEC. Royal Bank Of Canada increased their price target on VSE from $150.00 to $180.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Weiss Ratings restated a “hold (c)” rating on shares of VSE in a report on Saturday, September 27th. Wolfe Research assumed coverage on VSE in a report on Monday, September 29th. They issued an “outperform” rating and a $190.00 price objective for the company. Finally, Stifel Nicolaus assumed coverage on shares of VSE in a research report on Tuesday, September 16th. They issued a “buy” rating and a $199.00 price target on the stock.
View Our Latest Research Report on VSE
VSE Stock Performance
VSE (NASDAQ:VSEC – Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The construction company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.28. VSE had a net margin of 1.94% and a return on equity of 7.25%. The company had revenue of $272.14 million for the quarter, compared to the consensus estimate of $267.39 million. During the same period in the previous year, the firm earned $0.47 EPS. VSE’s revenue was up 41.1% on a year-over-year basis. VSE has set its FY 2025 guidance at EPS. Sell-side analysts predict that VSE will post 2.96 earnings per share for the current fiscal year.
VSE Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 29th. Stockholders of record on Wednesday, October 15th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. VSE’s payout ratio is currently 35.71%.
Institutional Trading of VSE
A number of large investors have recently added to or reduced their stakes in VSEC. Wealth Enhancement Advisory Services LLC bought a new stake in VSE during the fourth quarter worth approximately $226,000. GAMMA Investing LLC lifted its position in shares of VSE by 26,597.5% during the 1st quarter. GAMMA Investing LLC now owns 10,679 shares of the construction company’s stock valued at $1,281,000 after acquiring an additional 10,639 shares during the last quarter. Park Avenue Securities LLC raised its position in shares of VSE by 12.5% during the first quarter. Park Avenue Securities LLC now owns 5,695 shares of the construction company’s stock worth $683,000 after purchasing an additional 635 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in shares of VSE by 50.3% during the first quarter. Oppenheimer Asset Management Inc. now owns 7,048 shares of the construction company’s stock valued at $846,000 after purchasing an additional 2,359 shares during the last quarter. Finally, Moran Wealth Management LLC purchased a new stake in shares of VSE during the first quarter valued at $581,000. 91.54% of the stock is currently owned by institutional investors.
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.
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