Brokerages Set VSE Co. (NASDAQ:VSEC) Target Price at $107.83

VSE Co. (NASDAQ:VSEC - Get Free Report) has received a consensus recommendation of "Buy" from the six ratings firms that are covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a buy recommendation. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $107.83.

VSEC has been the subject of a number of research analyst reports. Royal Bank of Canada increased their target price on VSE from $100.00 to $120.00 and gave the company an "outperform" rating in a report on Tuesday, October 22nd. Jefferies Financial Group increased 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. Benchmark reaffirmed a "buy" rating and issued a $100.00 price target on shares of VSE in a report on Friday, August 2nd. Finally, Truist Financial increased their price target on VSE from $97.00 to $115.00 and gave the company a "buy" rating in a report on Wednesday, October 16th.

Insider Activity at VSE

In related news, major shareholder Calvin Scott Koonce sold 15,300 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $91.83, for a total value of $1,404,999.00. Following the completion of the sale, the insider now owns 463,284 shares of the company's stock, valued at approximately $42,543,369.72. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 14.60% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Innealta Capital LLC purchased a new position in VSE in the second quarter worth approximately $42,000. US Bancorp DE grew its position in VSE by 1,180.2% in the third quarter. US Bancorp DE now owns 2,586 shares of the construction company's stock worth $214,000 after acquiring an additional 2,384 shares during the period. Park Avenue Securities LLC purchased a new position in shares of VSE during the first quarter worth $221,000. Archer Investment Corp purchased a new position in shares of VSE during the second quarter worth $247,000. Finally, Precision Wealth Strategies LLC purchased a new position in shares of VSE during the first quarter worth $280,000. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

VSE Price Performance

Shares of VSE stock traded down $3.66 during mid-day trading on Thursday, reaching $102.62. 212,555 shares of the stock traded hands, compared to its average volume of 144,710. The business has a 50-day moving average of $90.54 and a 200 day moving average of $85.84. VSE has a fifty-two week low of $52.58 and a fifty-two week high of $108.30. The stock has a market capitalization of $1.89 billion, a PE ratio of 22.75 and a beta of 1.60. The company has a quick ratio of 1.17, a current ratio of 3.53 and a debt-to-equity ratio of 0.55.

VSE (NASDAQ:VSEC - Get Free Report) last announced its earnings results on Wednesday, July 31st. The construction company reported $0.64 EPS for the quarter, missing analysts' consensus estimates of $0.65 by ($0.01). VSE had a net margin of 1.21% and a return on equity of 7.87%. The firm had revenue of $265.96 million for the quarter, compared to analyst estimates of $256.60 million. On average, analysts predict that VSE will post 3.03 EPS for the current year.

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.