VSE Co. (NASDAQ:VSEC - Free Report) - Research analysts at William Blair reduced their Q3 2024 earnings per share (EPS) estimates for VSE in a report issued on Wednesday, August 21st. William Blair analyst L. Dipalma now anticipates that the construction company will post earnings of $0.58 per share for the quarter, down from their prior forecast of $0.79. The consensus estimate for VSE's current full-year earnings is $3.17 per share. William Blair also issued estimates for VSE's Q4 2024 earnings at $0.76 EPS, FY2024 earnings at $2.86 EPS and FY2025 earnings at $4.24 EPS.
VSE (NASDAQ:VSEC - Get Free Report) last announced its quarterly earnings results on Wednesday, July 31st. The construction company reported $0.64 earnings per share for the quarter, missing analysts' consensus estimates of $0.65 by ($0.01). The company had revenue of $265.96 million during the quarter, compared to the consensus estimate of $256.60 million. VSE had a net margin of 1.21% and a return on equity of 7.87%.
A number of other equities research analysts have also commented on VSEC. B. Riley raised their price objective on shares of VSE from $91.00 to $101.00 and gave the stock a "buy" rating in a report on Friday, May 10th. Jefferies Financial Group initiated coverage on shares of VSE in a report on Wednesday, August 14th. They set a "buy" rating and a $100.00 price target for the company. Truist Financial boosted their target price on shares of VSE from $92.00 to $97.00 and gave the stock a "buy" rating in a research note on Wednesday, July 17th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $100.00 target price on shares of VSE in a research report on Thursday, August 1st. Finally, Benchmark reissued a "buy" rating and issued a $100.00 price objective on shares of VSE in a research note on Friday, August 2nd. One analyst has rated the stock with a sell rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $99.83.
View Our Latest Analysis on VSE
VSE Trading Up 0.7 %
NASDAQ:VSEC traded up $0.60 on Monday, hitting $91.54. 78,392 shares of the stock were exchanged, compared to its average volume of 132,603. The company's 50-day moving average price is $87.19 and its 200 day moving average price is $80.88. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 27.69 and a beta of 1.59. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.17 and a current ratio of 3.53. VSE has a 52 week low of $48.47 and a 52 week high of $94.10.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Simplex Trading LLC bought a new stake in VSE during the 4th quarter valued at about $199,000. Russell Investments Group Ltd. raised its position in VSE by 11.7% during the 4th quarter. Russell Investments Group Ltd. now owns 80,644 shares of the construction company's stock worth $5,210,000 after buying an additional 8,471 shares during the last quarter. Fisher Asset Management LLC lifted its position in VSE by 2.9% during the fourth quarter. Fisher Asset Management LLC now owns 25,093 shares of the construction company's stock valued at $1,621,000 after purchasing an additional 710 shares during the period. AJOVista LLC acquired a new position in shares of VSE in the 4th quarter valued at about $75,000. Finally, Charles Schwab Investment Management Inc. boosted its position in VSE by 6.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 106,229 shares of the construction company's stock worth $6,863,000 after purchasing an additional 6,447 shares in the last quarter. Institutional investors own 91.54% of the company's stock.
VSE Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, November 6th. This represents a $0.40 annualized dividend and a yield of 0.44%.
About VSE
(
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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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