VSE (NASDAQ:VSEC) Hits New 1-Year High - Time to Buy?

VSE Co. (NASDAQ:VSEC - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The company traded as high as $123.97 and last traded at $118.29, with a volume of 24297 shares trading hands. The stock had previously closed at $117.57.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on VSEC shares. Truist Financial increased their price objective on VSE from $129.00 to $134.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. StockNews.com upgraded VSE to a "sell" rating in a report on Thursday, March 6th. Finally, Royal Bank of Canada upped their target price on VSE from $125.00 to $135.00 and gave the company an "outperform" rating in a report on Friday, December 6th. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $118.67.

VSE Stock Performance

The business has a fifty day simple moving average of $104.24 and a 200-day simple moving average of $101.65. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. The firm has a market cap of $2.35 billion, a P/E ratio of 137.22 and a beta of 1.62.

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VSE (NASDAQ:VSEC - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.17. VSE had a return on equity of 7.26% and a net margin of 1.36%. The business had revenue of $299.02 million during the quarter, compared to the consensus estimate of $289.97 million. On average, sell-side analysts predict that VSE Co. will post 2.96 EPS for the current fiscal year.

VSE Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be paid a $0.10 dividend. The ex-dividend date is Thursday, May 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.35%. VSE's dividend payout ratio is presently 48.19%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in VSEC. Sterling Capital Management LLC lifted its stake in shares of VSE by 857.1% in the fourth quarter. Sterling Capital Management LLC now owns 469 shares of the construction company's stock worth $45,000 after buying an additional 420 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of VSE in the fourth quarter worth approximately $47,000. Tower Research Capital LLC TRC lifted its stake in shares of VSE by 21.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company's stock worth $138,000 after buying an additional 258 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of VSE in the third quarter worth approximately $155,000. Finally, Summit Investment Advisors Inc. lifted its position in VSE by 14.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,842 shares of the construction company's stock valued at $175,000 after purchasing an additional 233 shares during the period. 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.