VSE (NASDAQ:VSEC) Posts Earnings Results, Beats Estimates By $0.17 EPS

VSE (NASDAQ:VSEC - Get Free Report) released its quarterly earnings data on Wednesday. The construction company reported $0.90 earnings per share for the quarter, beating analysts' consensus estimates of $0.73 by $0.17, Zacks reports. The business had revenue of $299.02 million during the quarter, compared to analyst estimates of $289.97 million. VSE had a net margin of 1.36% and a return on equity of 7.26%.

VSE Stock Performance

NASDAQ VSEC traded up $0.68 during trading hours on Friday, hitting $118.50. 324,688 shares of the company's stock traded hands, compared to its average volume of 239,051. The business's fifty day moving average price is $100.39 and its two-hundred day moving average price is $99.80. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $2.42 billion, a P/E ratio of 21.94 and a beta of 1.61. VSE has a 52 week low of $71.75 and a 52 week high of $123.92.

VSE Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Investors of record on Thursday, January 23rd were given a dividend of $0.10 per share. The ex-dividend date was Thursday, January 23rd. This represents a $0.40 annualized dividend and a yield of 0.34%. VSE's dividend payout ratio (DPR) is 7.41%.

Analyst Upgrades and Downgrades

VSEC has been the subject of a number of analyst reports. StockNews.com upgraded shares of VSE to a "sell" rating in a research note on Wednesday, February 12th. Truist Financial reduced their price objective on shares of VSE from $133.00 to $129.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Royal Bank of Canada raised their price objective on shares of VSE from $125.00 to $135.00 and gave the company an "outperform" rating in a research note on Friday, December 6th. Finally, B. Riley raised their price objective 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. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $117.83.

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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.