William Blair Weighs in on VSE's Q4 Earnings (NASDAQ:VSEC)

VSE Co. (NASDAQ:VSEC - Free Report) - Investment analysts at William Blair cut their Q4 2024 earnings estimates for VSE in a research report issued on Wednesday, November 6th. William Blair analyst L. Dipalma now expects that the construction company will post earnings per share of $0.65 for the quarter, down from their previous forecast of $0.76. The consensus estimate for VSE's current full-year earnings is $3.01 per share.

Several other analysts have also issued reports on the stock. StockNews.com upgraded shares of VSE to a "sell" rating in a research report on Thursday. Jefferies Financial Group raised their price target on shares of VSE from $100.00 to $110.00 and gave the stock a "buy" rating in a research note on Thursday, October 17th. Truist Financial raised their price target on shares of VSE from $115.00 to $133.00 and gave the stock a "buy" rating in a research note on Thursday. B. Riley raised their price target on shares of VSE from $120.00 to $132.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, Benchmark reissued a "buy" rating and issued a $100.00 price target on shares of VSE in a research note on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $116.83.

VSE Price Performance

Shares of NASDAQ VSEC traded up $3.38 during trading on Friday, hitting $117.80. The company had a trading volume of 147,819 shares, compared to its average volume of 146,765. The stock has a fifty day simple moving average of $92.60 and a two-hundred day simple moving average of $87.07. VSE has a fifty-two week low of $57.10 and a fifty-two week high of $118.94. The firm has a market capitalization of $2.17 billion, a price-to-earnings ratio of 35.84 and a beta of 1.56. The company has a quick ratio of 1.17, a current ratio of 3.53 and a debt-to-equity ratio of 0.55.

Insiders Place Their Bets

In other VSE news, major shareholder Calvin Scott Koonce sold 9,300 shares of VSE stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $89.90, for a total transaction of $836,070.00. Following the transaction, the insider now directly owns 492,284 shares of the company's stock, valued at $44,256,331.60. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 14.60% of the stock is owned by insiders.

Institutional Investors Weigh In On VSE

A number of institutional investors and hedge funds have recently made changes to their positions in VSEC. BNP Paribas Financial Markets raised its stake in shares of VSE by 80.8% in the 1st quarter. BNP Paribas Financial Markets now owns 6,431 shares of the construction company's stock valued at $514,000 after acquiring an additional 2,874 shares during the period. Lisanti Capital Growth LLC acquired a new position in shares of VSE in the first quarter valued at approximately $3,566,000. Russell Investments Group Ltd. grew its holdings in shares of VSE by 11.9% in the first quarter. Russell Investments Group Ltd. now owns 90,252 shares of the construction company's stock valued at $7,220,000 after purchasing an additional 9,608 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of VSE by 1.7% in the first quarter. Vanguard Group Inc. now owns 724,681 shares of the construction company's stock valued at $57,974,000 after purchasing an additional 12,407 shares in the last quarter. Finally, Capital Research Global Investors acquired a new position in shares of VSE in the first quarter valued at approximately $81,623,000. 91.54% of the stock is owned by hedge funds and other institutional investors.

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.