Truist Financial Issues Pessimistic Forecast for VSE (NASDAQ:VSEC) Stock Price

VSE (NASDAQ:VSEC - Get Free Report) had its price objective cut by analysts at Truist Financial from $134.00 to $130.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a "buy" rating on the construction company's stock. Truist Financial's target price suggests a potential upside of 23.53% from the stock's current price.

Separately, StockNews.com raised VSE to a "sell" rating in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $118.00.

VSE Stock Up 2.0 %

Shares of VSE stock traded up $2.09 on Thursday, hitting $105.24. The company had a trading volume of 230,337 shares, compared to its average volume of 208,874. VSE has a twelve month low of $73.36 and a twelve month high of $128.72. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15. The stock has a 50-day moving average of $112.20 and a 200-day moving average of $107.28. The firm has a market capitalization of $2.18 billion, a P/E ratio of 126.80 and a beta of 1.32.

VSE (NASDAQ:VSEC - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The construction company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.17. The firm had revenue of $299.02 million for the quarter, compared to the consensus estimate of $289.97 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. Research analysts predict that VSE will post 2.96 earnings per share for the current year.

Institutional Trading of VSE

A number of institutional investors and hedge funds have recently modified their holdings of the business. Sterling Capital Management LLC lifted its holdings in VSE by 857.1% during the fourth quarter. Sterling Capital Management LLC now owns 469 shares of the construction company's stock valued at $45,000 after purchasing an additional 420 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of VSE during the 4th quarter valued at approximately $47,000. Tower Research Capital LLC TRC boosted its holdings in VSE by 21.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company's stock worth $138,000 after buying an additional 258 shares during the period. Summit Investment Advisors Inc. grew its stake in VSE by 14.5% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,842 shares of the construction company's stock valued at $175,000 after buying an additional 233 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in VSE during the 3rd quarter valued at $155,000. 91.54% of the stock is owned by hedge funds and other institutional investors.

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.