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

Shares of VSE Co. (NASDAQ:VSEC) have earned an average rating of “Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a buy rating. The average 12 month price target among analysts that have covered the stock in the last year is $125.17.

A number of equities research analysts recently weighed in on VSEC shares. Truist Financial raised their price objective on VSE from $130.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. B. Riley raised their price objective on VSE from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. Royal Bank of Canada raised their price objective on VSE from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Thursday, May 8th. Finally, StockNews.com raised VSE to a “sell” rating in a research report on Thursday, March 6th.

Insider Buying and Selling at VSE

In other VSE news, Director Anita D. Britt sold 2,869 shares of the stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $129.38, for a total value of $371,191.22. Following the completion of the sale, the director now directly owns 3,837 shares in the company, valued at approximately $496,431.06. This trade represents a 42.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 14.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VSEC. Sterling Capital Management LLC raised its stake in shares of VSE by 857.1% in the fourth quarter. Sterling Capital Management LLC now owns 469 shares of the construction company’s stock worth $45,000 after purchasing an additional 420 shares during the last quarter. Quantbot Technologies LP purchased a new position in shares of VSE in the fourth quarter worth about $47,000. Amalgamated Bank raised its stake in shares of VSE by 36.5% in the first quarter. Amalgamated Bank now owns 610 shares of the construction company’s stock worth $73,000 after purchasing an additional 163 shares during the last quarter. KBC Group NV purchased a new position in shares of VSE in the first quarter worth about $99,000. Finally, Tower Research Capital LLC TRC raised its stake in shares of VSE by 21.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company’s stock worth $138,000 after purchasing an additional 258 shares during the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

VSE Price Performance

VSEC opened at $133.44 on Monday. VSE has a 12-month low of $73.36 and a 12-month high of $139.51. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. The business’s fifty day simple moving average is $117.59 and its 200-day simple moving average is $110.42. The company has a market capitalization of $2.76 billion, a price-to-earnings ratio of 166.80 and a beta of 1.34.

VSE (NASDAQ:VSEC) last posted its quarterly earnings results on Tuesday, May 6th. The construction company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.23. VSE had a return on equity of 7.26% and a net margin of 1.36%. The business had revenue of $256.05 million for the quarter, compared to the consensus estimate of $248.20 million. During the same quarter in the prior year, the company earned $0.45 EPS. The business’s revenue was up 57.6% compared to the same quarter last year. On average, equities research analysts anticipate that VSE will post 2.96 earnings per share for the current fiscal year.

VSE Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 30th. Shareholders of record on Wednesday, July 16th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date of this dividend is Wednesday, July 16th. VSE’s dividend payout ratio (DPR) is presently 50.00%.

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.