VSE (VSEC) Expected to Announce Quarterly Earnings on Thursday

VSE (NASDAQ:VSEC - Get Free Report) is anticipated to post its quarterly earnings results after the market closes on Thursday, March 6th. Analysts expect VSE to post earnings of $0.73 per share and revenue of $289.72 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.

VSE (NASDAQ:VSEC - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.17. The firm had revenue of $299.02 million during the quarter, compared to the consensus estimate of $289.97 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. On average, analysts expect VSE to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

VSE Price Performance

Shares of VSEC traded up $0.68 during trading hours on Friday, reaching $118.50. 324,688 shares of the company traded hands, compared to its average volume of 239,051. VSE has a fifty-two week low of $71.75 and a fifty-two week high of $123.92. The stock has a market capitalization of $2.42 billion, a PE ratio of 21.94 and a beta of 1.61. The stock has a fifty day simple moving average of $100.39 and a 200 day simple moving average of $99.73. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53.

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VSE Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms have commented on VSEC. StockNews.com upgraded VSE to a "sell" rating in a report on Wednesday, February 12th. B. Riley boosted their target price on shares of VSE from $120.00 to $132.00 and gave the company a "buy" rating in a report on Thursday, November 7th. Truist Financial cut their price target on shares of VSE from $133.00 to $129.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. Finally, Royal Bank of Canada boosted 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. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the company. According to MarketBeat, VSE presently has an average rating of "Moderate Buy" and a consensus target price of $117.83.

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.