VSE Co. (NASDAQ:VSEC) Receives $118.00 Consensus Price Target from Analysts

VSE Co. (NASDAQ:VSEC - Get Free Report) has earned a consensus rating of "Buy" from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy rating. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $118.00.

Several research firms recently issued reports on VSEC. Truist Financial decreased their target price on shares of VSE from $134.00 to $130.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. StockNews.com raised shares of VSE to a "sell" rating in a research note on Thursday, March 6th.

Hedge Funds Weigh In On VSE

Several hedge funds and other institutional investors have recently made changes to their positions in VSEC. T. Rowe Price Investment Management Inc. raised its stake 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 purchasing an additional 698,642 shares during the last quarter. Neuberger Berman Group LLC purchased a new stake in shares of VSE during the fourth quarter worth $35,834,000. Artisan Partners Limited Partnership acquired a new stake in shares of VSE in the fourth quarter valued at about $31,692,000. Ameriprise Financial Inc. lifted its stake in shares of VSE by 63.4% in 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 boosted its position in VSE by 16.8% during the fourth quarter. Capital Research Global Investors now owns 1,794,069 shares of the construction company's stock worth $170,616,000 after acquiring an additional 258,674 shares during the last quarter. Hedge funds and other institutional investors own 91.54% of the company's stock.

VSE Stock Performance

NASDAQ:VSEC traded up $0.24 during mid-day trading on Thursday, hitting $113.94. The company's stock had a trading volume of 165,666 shares, compared to its average volume of 211,359. The business's fifty day moving average is $113.28 and its two-hundred day moving average is $107.81. The stock has a market cap of $2.36 billion, a price-to-earnings ratio of 137.28 and a beta of 1.32. 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.

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

VSE Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, May 1st. This represents a $0.40 annualized dividend and a yield of 0.35%. VSE's dividend payout ratio (DPR) is currently 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.