VSE Co. (NASDAQ:VSEC) Receives $118.67 Average Price Target from Brokerages

Shares of VSE Co. (NASDAQ:VSEC - Get Free Report) have received a consensus recommendation of "Buy" from the six analysts that are covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation. The average 12 month target price among analysts that have covered the stock in the last year is $118.67.

Several research firms have commented on VSEC. Truist Financial lifted their price objective on shares of VSE from $129.00 to $134.00 and gave the stock a "buy" rating in a research note on Tuesday, March 4th. StockNews.com raised shares of VSE to a "sell" rating in a research note on Thursday, March 6th. Finally, Royal Bank of Canada increased their price objective on shares of VSE from $125.00 to $135.00 and gave the stock an "outperform" rating in a research report on Friday, December 6th.

Institutional Trading of VSE

A number of large investors have recently modified their holdings of VSEC. Lord Abbett & CO. LLC lifted its holdings in shares of VSE by 24.9% in the 3rd quarter. Lord Abbett & CO. LLC now owns 224,148 shares of the construction company's stock worth $18,544,000 after buying an additional 44,662 shares during the period. Geode Capital Management LLC grew its holdings in VSE by 12.5% during the 3rd quarter. Geode Capital Management LLC now owns 382,719 shares of the construction company's stock worth $31,669,000 after acquiring an additional 42,637 shares in the last quarter. Barclays PLC increased its position in VSE by 711.2% during the 3rd quarter. Barclays PLC now owns 40,770 shares of the construction company's stock valued at $3,374,000 after purchasing an additional 35,744 shares during the period. State Street Corp raised its holdings in shares of VSE by 5.2% in the 3rd quarter. State Street Corp now owns 323,830 shares of the construction company's stock valued at $26,790,000 after purchasing an additional 15,931 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of VSE by 14.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 163,310 shares of the construction company's stock worth $13,511,000 after purchasing an additional 20,114 shares during the period. Hedge funds and other institutional investors own 91.54% of the company's stock.

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VSE Price Performance

Shares of NASDAQ VSEC traded down $6.93 during mid-day trading on Friday, hitting $117.38. 84,534 shares of the company's stock traded hands, compared to its average volume of 242,671. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15. VSE has a 1 year low of $73.36 and a 1 year high of $128.72. The company's 50-day moving average is $110.34 and its two-hundred day moving average is $104.62. The company has a market capitalization of $2.43 billion, a P/E ratio of 141.42 and a beta of 1.62.

VSE (NASDAQ:VSEC - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.73 by $0.17. The business 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%. On average, equities analysts anticipate that VSE will post 2.96 EPS for the current fiscal year.

VSE Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date is Thursday, May 1st. VSE's dividend payout ratio (DPR) is presently 48.19%.

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.