Analysts Set VSE Corporation (NASDAQ:VSEC) PT at $199.71

VSE Corporation (NASDAQ:VSEC) has been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $199.7143.

VSEC has been the subject of several research analyst reports. B. Riley increased their target price on VSE from $185.00 to $198.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Weiss Ratings restated a “hold (c)” rating on shares of VSE in a research note on Monday, December 22nd. Wolfe Research initiated coverage on shares of VSE in a report on Monday, September 29th. They issued an “outperform” rating and a $190.00 price target on the stock. Citigroup initiated coverage on shares of VSE in a report on Thursday, December 11th. They set a “buy” rating and a $215.00 price objective for the company. Finally, Royal Bank Of Canada boosted their target price on shares of VSE from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 29th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Rhumbline Advisers lifted its position in VSE by 29.8% in the 2nd quarter. Rhumbline Advisers now owns 32,625 shares of the construction company’s stock valued at $4,273,000 after purchasing an additional 7,484 shares during the last quarter. Handelsbanken Fonder AB bought a new position in VSE in the 2nd quarter worth about $498,000. Talon Private Wealth LLC acquired a new stake in shares of VSE in the first quarter valued at approximately $1,021,000. Driehaus Capital Management LLC raised its holdings in shares of VSE by 67.7% during the first quarter. Driehaus Capital Management LLC now owns 276,800 shares of the construction company’s stock valued at $33,213,000 after buying an additional 111,765 shares during the last quarter. Finally, Argent Capital Management LLC acquired a new position in shares of VSE during the third quarter worth approximately $887,000. Institutional investors and hedge funds own 91.54% of the company’s stock.

VSE Stock Down 0.4%

Shares of VSE stock opened at $179.49 on Thursday. VSE has a 1-year low of $88.69 and a 1-year high of $186.00. The company has a market capitalization of $4.14 billion, a PE ratio of 263.96, a P/E/G ratio of 2.62 and a beta of 1.38. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.94 and a quick ratio of 1.41. The business has a 50-day moving average of $173.75 and a 200-day moving average of $158.89.

VSE (NASDAQ:VSEC) last released its quarterly earnings results on Monday, October 27th. The construction company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.84 by $0.15. VSE had a return on equity of 7.64% and a net margin of 1.23%.The business had revenue of $282.91 million for the quarter, compared to analysts’ expectations of $276.48 million. The business’s revenue for the quarter was up 38.9% on a year-over-year basis. As a group, equities analysts forecast that VSE will post 2.96 EPS for the current fiscal year.

VSE Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Thursday, January 15th will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, January 15th. This represents a $0.40 annualized dividend and a yield of 0.2%. VSE’s dividend payout ratio is presently 58.82%.

VSE Company Profile

VSE Corporation (NASDAQ: VSEC) is a provider of aftermarket distribution and supply chain management services serving both government and commercial markets. The company’s solutions span a wide range of industries, with particular emphasis on defense, aerospace and transportation. VSE’s core mission is to ensure mission readiness by delivering critical parts, maintenance and technical support for equipment throughout its lifecycle.

Through its Distribution Services segment, VSE sources, markets and distributes replacement parts and components for commercial truck, bus, rail and specialty vehicle applications.