VSE Co. (NASDAQ:VSEC) Receives Average Recommendation of "Buy" from Analysts

Shares of VSE Co. (NASDAQ:VSEC - Get Free Report) have been given a consensus recommendation of "Buy" by the six analysts that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $99.83.

VSEC has been the subject of several research analyst reports. Truist Financial boosted their price objective on shares of VSE from $92.00 to $97.00 and gave the stock a "buy" rating in a research report on Wednesday, July 17th. Benchmark reissued a "buy" rating and issued a $100.00 price target on shares of VSE in a report on Friday, August 2nd. Jefferies Financial Group began coverage on shares of VSE in a research report on Wednesday. They set a "buy" rating and a $100.00 price target on the stock. Stifel Nicolaus began coverage on shares of VSE in a report on Friday, June 28th. They set a "buy" rating and a $101.00 price target on the stock. Finally, Royal Bank of Canada reiterated an "outperform" rating and set a $100.00 price objective on shares of VSE in a report on Thursday, August 1st.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Innealta Capital LLC purchased a new position in shares of VSE during the 2nd quarter worth $42,000. Bfsg LLC acquired a new stake in VSE in the fourth quarter valued at $41,000. AJOVista LLC acquired a new position in shares of VSE during the 4th quarter worth $75,000. Park Avenue Securities LLC purchased a new stake in VSE during the 1st quarter worth about $221,000. Finally, Archer Investment Corp purchased a new stake in VSE in the 2nd quarter valued at about $247,000. 91.54% of the stock is currently owned by institutional investors.

VSE Stock Up 0.2 %

NASDAQ VSEC traded up $0.17 during trading on Friday, hitting $89.54. 164,710 shares of the company traded hands, compared to its average volume of 134,110. The company has a current ratio of 3.53, a quick ratio of 1.17 and a debt-to-equity ratio of 0.55. The business has a fifty day simple moving average of $86.46 and a 200 day simple moving average of $79.54. The company has a market capitalization of $1.65 billion, a P/E ratio of 27.27 and a beta of 1.59. VSE has a 12 month low of $48.47 and a 12 month high of $94.10.

VSE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend is Wednesday, November 6th.

About VSE

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.