VSE Co. (NASDAQ:VSEC) Given Consensus Rating of "Buy" by Brokerages

VSE Co. (NASDAQ:VSEC - Get Free Report) has been given an average rating of "Buy" by the six ratings firms that are currently covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy rating. The average 12 month target price among analysts that have issued a report on the stock in the last year is $118.50.

A number of equities analysts have recently commented on VSEC shares. Truist Financial lifted their target price on VSE from $115.00 to $133.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. Royal Bank of Canada lifted their price objective on shares of VSE from $125.00 to $135.00 and gave the stock an "outperform" rating in a research note on Friday, December 6th. B. Riley increased their target price on shares of VSE from $120.00 to $132.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. StockNews.com raised shares of VSE to a "sell" rating in a research note on Monday, December 9th. Finally, Jefferies Financial Group increased their price objective on shares of VSE from $100.00 to $110.00 and gave the stock a "buy" rating in a research report on Thursday, October 17th.

VSE Price Performance

Shares of VSE stock traded down $2.50 during trading hours on Friday, hitting $99.48. The company's stock had a trading volume of 874,378 shares, compared to its average volume of 156,039. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69. VSE has a 12-month low of $57.10 and a 12-month high of $123.92. The business has a 50 day moving average price of $109.88 and a two-hundred day moving average price of $94.53. The company has a market cap of $2.03 billion, a PE ratio of 22.16 and a beta of 1.57.

VSE (NASDAQ:VSEC - Get Free Report) last announced its quarterly 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. The company had revenue of $273.61 million for the quarter, compared to the consensus estimate of $270.88 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. During the same period in the previous year, the firm posted $0.92 EPS. Analysts expect that VSE will post 2.92 earnings per share for the current fiscal year.

VSE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Investors of record on Thursday, January 23rd will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date of this dividend is Thursday, January 23rd. VSE's payout ratio is currently 8.91%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Principal Financial Group Inc. increased its holdings in VSE by 5.9% in the 3rd quarter. Principal Financial Group Inc. now owns 22,067 shares of the construction company's stock worth $1,826,000 after buying an additional 1,236 shares during the period. Lord Abbett & CO. LLC lifted its position in VSE by 24.9% during the third quarter. Lord Abbett & CO. LLC now owns 224,148 shares of the construction company's stock valued at $18,544,000 after purchasing an additional 44,662 shares during the period. Franklin Resources Inc. boosted its holdings in VSE by 121.6% in the third quarter. Franklin Resources Inc. now owns 325,121 shares of the construction company's stock valued at $29,801,000 after purchasing an additional 178,435 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in VSE during the 3rd quarter worth about $155,000. Finally, Geode Capital Management LLC raised its stake in shares of VSE by 12.5% during the 3rd quarter. Geode Capital Management LLC now owns 382,719 shares of the construction company's stock valued at $31,669,000 after buying an additional 42,637 shares during the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

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.