VSE Corporation (NASDAQ:VSEC) Given Average Rating of “Buy” by Analysts

by · The Cerbat Gem

Shares of VSE Corporation (NASDAQ:VSEC – Get Free Report) have received a consensus rating of “Buy” from the five ratings firms that are currently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a buy recommendation. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $130.00.

Several analysts recently commented on the company. B. Riley upped their target price on VSE from $145.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, May 8th. Royal Bank Of Canada upped their target price on VSE from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Thursday, May 8th. Finally, Truist Financial upped their target price on VSE from $130.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, May 8th.

View Our Latest Research Report on VSE

Insider Activity at VSE

In related news, Director Anita D. Britt sold 2,869 shares of the company’s stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $129.38, for a total transaction of $371,191.22. Following the transaction, the director directly owned 3,837 shares of the company’s stock, valued at approximately $496,431.06. This represents a 42.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 14.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On VSE

A number of hedge funds have recently added to or reduced their stakes in the company. Sterling Capital Management LLC lifted its holdings in shares of VSE by 857.1% in the 4th quarter. Sterling Capital Management LLC now owns 469 shares of the construction company’s stock worth $45,000 after purchasing an additional 420 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of VSE in the fourth quarter valued at $47,000. Amalgamated Bank grew its holdings in shares of VSE by 36.5% during the first quarter. Amalgamated Bank now owns 610 shares of the construction company’s stock valued at $73,000 after buying an additional 163 shares during the last quarter. KBC Group NV bought a new stake in shares of VSE during the first quarter worth about $99,000. Finally, Tower Research Capital LLC TRC raised its holdings in shares of VSE by 21.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company’s stock worth $138,000 after acquiring an additional 258 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company’s stock.

VSE Stock Performance

Shares of VSEC stock opened at $126.67 on Tuesday. The business’s 50 day simple moving average is $130.83 and its 200 day simple moving average is $115.79. VSE has a one year low of $73.36 and a one year high of $140.64. The stock has a market capitalization of $2.62 billion, a PE ratio of 158.34 and a beta of 1.26. The company has a debt-to-equity ratio of 0.47, a current ratio of 3.90 and a quick ratio of 2.12.

VSE (NASDAQ:VSEC – Get Free Report) last announced its earnings results on Tuesday, May 6th. The construction company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.55 by $0.23. VSE had a return on equity of 6.62% and a net margin of 1.41%. The business had revenue of $256.05 million for the quarter, compared to analysts’ expectations of $248.20 million. During the same period in the prior year, the business posted $0.45 earnings per share. The firm’s revenue was up 57.6% on a year-over-year basis. As a group, research analysts forecast that VSE will post 2.96 earnings per share for the current year.

VSE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 30th. Stockholders of record on Wednesday, July 16th will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, July 16th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.32%. VSE’s dividend payout ratio (DPR) is presently 50.00%.

About VSE

(Get Free Report

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.

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