VSE Co. (NASDAQ:VSEC) Receives $116.83 Consensus Target Price from Analysts

VSE Co. (NASDAQ:VSEC - Get Free Report) has been given a consensus recommendation of "Buy" by the six research firms that are covering the company, Marketbeat reports. Six investment analysts have rated the stock with a buy rating. The average 1-year target price among brokers that have covered the stock in the last year is $116.83.

A number of research analysts have weighed in on the company. Benchmark reissued a "buy" rating and set a $100.00 price target on shares of VSE in a research note on Friday, August 2nd. Truist Financial increased their price target on VSE from $115.00 to $133.00 and gave the stock a "buy" rating in a research note on Thursday, November 7th. Jefferies Financial Group increased their price target on VSE from $100.00 to $110.00 and gave the stock a "buy" rating in a research note on Thursday, October 17th. StockNews.com raised VSE to a "sell" rating in a research note on Thursday, November 7th. Finally, B. Riley increased their price target on VSE from $120.00 to $132.00 and gave the stock a "buy" rating in a research note on Thursday, November 7th.

Insider Transactions at VSE

In other news, major shareholder Calvin Scott Koonce sold 15,300 shares of the company's stock in a transaction 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 sale, the insider now directly owns 463,284 shares in the company, valued at $42,543,369.72. This represents a 3.20 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 14.60% of the company's stock.

Institutional Trading of VSE

Several large investors have recently added to or reduced their stakes in VSEC. Innealta Capital LLC acquired a new stake in VSE in the 2nd quarter valued at $42,000. Sanctuary Advisors LLC acquired a new stake in VSE in the 3rd quarter valued at $155,000. US Bancorp DE increased its holdings in VSE by 1,180.2% in the 3rd quarter. US Bancorp DE now owns 2,586 shares of the construction company's stock valued at $214,000 after purchasing an additional 2,384 shares in the last quarter. Archer Investment Corp acquired a new stake in VSE in the 2nd quarter valued at $247,000. Finally, BNP Paribas Financial Markets increased its holdings in VSE by 4.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company's stock valued at $274,000 after purchasing an additional 134 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.

VSE Price Performance

VSEC stock traded down $0.89 on Monday, reaching $116.09. The company had a trading volume of 301,334 shares, compared to its average volume of 149,003. VSE has a 1 year low of $57.10 and a 1 year high of $123.92. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69. The company's fifty day moving average is $99.30 and its 200 day moving average is $90.08. The company has a market cap of $2.37 billion, a P/E ratio of 35.16 and a beta of 1.56.

VSE (NASDAQ:VSEC - Get Free Report) last posted its earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.08. VSE had a return on equity of 7.26% and a net margin of 1.36%. The firm had revenue of $273.61 million for the quarter, compared to analyst estimates of $270.88 million. During the same quarter in the prior year, the company earned $0.92 EPS. On average, research analysts forecast that VSE will post 2.9 earnings per share for the current year.

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.