VSE Co. (NASDAQ:VSEC) Receives Average Recommendation of "Buy" from Brokerages

VSE Co. (NASDAQ:VSEC - Get Free Report) has received an average recommendation of "Buy" from the six research firms that are presently covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a buy recommendation. The average 12-month price objective among brokerages that have covered the stock in the last year is $117.83.

VSEC has been the subject of several recent analyst reports. Royal Bank of Canada boosted their target price on VSE from $125.00 to $135.00 and gave the stock an "outperform" rating in a research note on Friday, December 6th. Truist Financial dropped their target price on shares of VSE from $133.00 to $129.00 and set a "buy" rating on the stock in a research report on Tuesday. Jefferies Financial Group boosted their price target on shares of VSE from $100.00 to $110.00 and gave the company a "buy" rating in a research report on Thursday, October 17th. StockNews.com upgraded VSE to a "sell" rating in a research report on Monday, December 9th. Finally, B. Riley upped their target price on VSE from $120.00 to $132.00 and gave the company a "buy" rating in a research report on Thursday, November 7th.

VSE Trading Down 1.3 %

NASDAQ:VSEC traded down $1.18 on Tuesday, reaching $92.90. 42,882 shares of the company's stock were exchanged, compared to its average volume of 234,352. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. VSE has a 52-week low of $57.10 and a 52-week high of $123.92. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 20.69 and a beta of 1.62. The business has a fifty day moving average of $107.79 and a 200-day moving average of $96.01.

VSE (NASDAQ:VSEC - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.63 by $0.08. The company had revenue of $273.61 million during 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 quarter in the previous year, the firm earned $0.92 earnings per share. As a group, analysts expect that VSE will post 2.92 earnings per share for the current year.

VSE Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Investors of record on Thursday, January 23rd will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.43%. The ex-dividend date of this dividend is Thursday, January 23rd. VSE's dividend payout ratio is presently 8.91%.

Institutional Investors Weigh In On VSE

A number of institutional investors have recently added to or reduced their stakes in the business. AltraVue Capital LLC purchased a new stake in shares of VSE in the second quarter valued at approximately $48,343,000. Franklin Resources Inc. boosted its position in shares of VSE by 121.6% during the 3rd quarter. Franklin Resources Inc. now owns 325,121 shares of the construction company's stock worth $29,801,000 after purchasing an additional 178,435 shares in the last quarter. Primecap Management Co. CA acquired a new position in shares of VSE during the 3rd quarter worth $11,016,000. Wasatch Advisors LP purchased a new position in shares of VSE in the 3rd quarter valued at about $8,437,000. Finally, Ghisallo Capital Management LLC acquired a new stake in shares of VSE in the second quarter valued at about $4,414,000. Hedge funds and other 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.