VSE (NASDAQ:VSEC) Given New $134.00 Price Target at Truist Financial

VSE (NASDAQ:VSEC - Get Free Report) had its target price lifted by investment analysts at Truist Financial from $129.00 to $134.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a "buy" rating on the construction company's stock. Truist Financial's price objective would indicate a potential upside of 15.89% from the stock's current price.

Several other brokerages also recently issued reports on VSEC. Royal Bank of Canada boosted their price objective on VSE from $125.00 to $135.00 and gave the stock an "outperform" rating in a research report on Friday, December 6th. B. Riley boosted their price target on VSE from $120.00 to $132.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. Finally, StockNews.com raised VSE to a "sell" rating in a research note on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, VSE currently has an average rating of "Moderate Buy" and a consensus target price of $118.67.

VSE Stock Performance

NASDAQ VSEC traded down $2.52 during trading hours on Tuesday, hitting $115.63. The company had a trading volume of 190,893 shares, compared to its average volume of 183,733. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. The firm has a market cap of $2.36 billion, a P/E ratio of 139.31 and a beta of 1.61. VSE has a fifty-two week low of $72.74 and a fifty-two week high of $123.92. The business has a fifty day simple moving average of $101.44 and a 200-day simple moving average of $100.29.

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VSEC. T. Rowe Price Investment Management Inc. lifted its holdings in VSE by 52.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,026,164 shares of the construction company's stock valued at $192,689,000 after acquiring an additional 698,642 shares during the last quarter. Neuberger Berman Group LLC bought a new stake in shares of VSE in the 4th quarter worth approximately $35,834,000. Artisan Partners Limited Partnership acquired a new stake in VSE during the fourth quarter valued at approximately $31,692,000. Ameriprise Financial Inc. boosted its holdings in VSE by 63.4% during the fourth quarter. Ameriprise Financial Inc. now owns 716,168 shares of the construction company's stock worth $68,115,000 after buying an additional 277,971 shares in the last quarter. Finally, Capital Research Global Investors grew its position in VSE by 16.8% in the fourth quarter. Capital Research Global Investors now owns 1,794,069 shares of the construction company's stock worth $170,616,000 after buying an additional 258,674 shares during the last quarter. Institutional investors own 91.54% of the company's stock.

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.