VSE (NASDAQ:VSEC - Get Free Report) will be posting its quarterly earnings results after the market closes on Tuesday, November 5th. Analysts expect VSE to post earnings of $0.63 per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.
VSE (NASDAQ:VSEC - Get Free Report) last posted 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). VSE had a return on equity of 7.87% and a net margin of 1.21%. The firm had revenue of $265.96 million for the quarter, compared to analysts' expectations of $256.60 million. On average, analysts expect VSE to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.
VSE Stock Up 0.7 %
NASDAQ:VSEC traded up $0.71 during mid-day trading on Friday, reaching $103.33. The stock had a trading volume of 204,386 shares, compared to its average volume of 144,991. The stock has a market cap of $1.90 billion, a P/E ratio of 32.70 and a beta of 1.60. The business's 50 day moving average is $90.79 and its 200 day moving average is $85.95. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.53 and a quick ratio of 1.17. VSE has a fifty-two week low of $54.65 and a fifty-two week high of $108.30.
Insider Buying and Selling at VSE
In other news, major shareholder Calvin Scott Koonce sold 15,300 shares of the company's stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $91.83, for a total transaction of $1,404,999.00. Following the completion of the transaction, the insider now directly owns 463,284 shares in the company, valued at $42,543,369.72. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 14.60% of the company's stock.
Wall Street Analyst Weigh In
VSEC has been the subject of several analyst reports. Truist Financial lifted their price objective on shares of VSE from $97.00 to $115.00 and gave the company a "buy" rating in a research note on Wednesday, October 16th. Jefferies Financial Group boosted their price target on VSE from $100.00 to $110.00 and gave the stock a "buy" rating in a research report on Thursday, October 17th. Royal Bank of Canada increased their price objective on VSE from $100.00 to $120.00 and gave the company an "outperform" rating in a report on Tuesday, October 22nd. Finally, Benchmark restated a "buy" rating and issued a $100.00 target price on shares of VSE in a report on Friday, August 2nd. One analyst has rated the stock with a sell rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $107.83.
Read Our Latest Stock Analysis on VSE
VSE Company Profile
(
Get Free Report)
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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