VSE Co. (NASDAQ:VSEC - Get Free Report) has earned a consensus rating of "Buy" from the six analysts that are presently covering the firm, MarketBeat reports. Six analysts have rated the stock with a buy rating. The average 12 month price target among brokers that have covered the stock in the last year is $118.50.
A number of brokerages have recently issued reports on VSEC. B. Riley increased their price target on shares of VSE from $120.00 to $132.00 and gave the company a "buy" rating in a report on Thursday, November 7th. Royal Bank of Canada lifted their price target on shares of VSE from $125.00 to $135.00 and gave the company an "outperform" rating in a research report on Friday, December 6th. Truist Financial upped their price target on VSE from $115.00 to $133.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. StockNews.com raised VSE to a "sell" rating in a report on Monday, December 9th. Finally, Jefferies Financial Group upped their target price on VSE from $100.00 to $110.00 and gave the company a "buy" rating in a report on Thursday, October 17th.
Check Out Our Latest Stock Report on VSEC
Shares of NASDAQ:VSEC opened at $101.98 on Friday. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. The company has a 50-day moving average price of $109.58 and a 200 day moving average price of $94.47. VSE has a 52 week low of $57.10 and a 52 week high of $123.92. The company has a market cap of $2.08 billion, a P/E ratio of 22.71 and a beta of 1.57.
VSE (NASDAQ:VSEC - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.08. The firm had revenue of $273.61 million for the quarter, compared to the consensus estimate 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 business earned $0.92 earnings per share. Research analysts predict that VSE will post 2.92 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Investors of record on Thursday, January 23rd will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date is Thursday, January 23rd. VSE's payout ratio is currently 8.91%.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Innealta Capital LLC acquired a new position in shares of VSE in the second quarter valued at approximately $42,000. Sanctuary Advisors LLC acquired a new position in VSE in the 3rd quarter valued at $155,000. US Bancorp DE raised its holdings in VSE by 1,180.2% in the 3rd quarter. US Bancorp DE now owns 2,586 shares of the construction company's stock valued at $214,000 after acquiring an additional 2,384 shares during the last quarter. Archer Investment Corp purchased a new position in shares of VSE during the 2nd quarter worth $247,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of VSE by 4.2% during the third quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company's stock worth $274,000 after purchasing an additional 134 shares during the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider VSE, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VSE wasn't on the list.
While VSE currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.