VSE (NASDAQ:VSEC) Price Target Raised to $135.00

VSE (NASDAQ:VSEC - Get Free Report) had its target price upped by stock analysts at Royal Bank of Canada from $125.00 to $135.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an "outperform" rating on the construction company's stock. Royal Bank of Canada's price objective suggests a potential upside of 13.80% from the company's previous close.

Several other equities analysts have also recently issued reports on VSEC. Jefferies Financial Group boosted their target price on shares of VSE from $100.00 to $110.00 and gave the company a "buy" rating in a research note on Thursday, October 17th. Truist Financial increased their target price on shares of VSE from $115.00 to $133.00 and gave the stock a "buy" rating in a research note on Thursday, November 7th. B. Riley raised 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. Finally, StockNews.com upgraded VSE to a "sell" rating in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $118.50.

VSE Stock Performance

NASDAQ:VSEC traded up $4.13 during midday trading on Friday, hitting $118.63. The company's stock had a trading volume of 318,039 shares, compared to its average volume of 168,030. VSE has a fifty-two week low of $57.10 and a fifty-two week high of $123.92. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15. The firm has a market cap of $2.42 billion, a P/E ratio of 35.97 and a beta of 1.57. The firm's 50 day moving average is $105.46 and its 200-day moving average is $92.60.

VSE (NASDAQ:VSEC - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The construction company reported $0.71 earnings per share for the quarter, topping analysts' consensus estimates of $0.63 by $0.08. The firm had revenue of $273.61 million for the quarter, compared to analyst estimates 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 prior year, the business earned $0.92 earnings per share. Equities analysts anticipate that VSE will post 2.9 earnings per share for the current fiscal year.

Institutional Investors Weigh In On VSE

Institutional investors have recently bought and sold shares of the company. Innealta Capital LLC acquired a new stake in VSE in the 2nd quarter worth about $42,000. Sanctuary Advisors LLC acquired a new stake in VSE in the 3rd quarter worth about $155,000. US Bancorp DE boosted 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 worth $214,000 after buying an additional 2,384 shares during the last quarter. Archer Investment Corp acquired a new stake in VSE in the 2nd quarter worth about $247,000. Finally, BNP Paribas Financial Markets boosted 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 worth $274,000 after buying an additional 134 shares during the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.

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.