VSE (NASDAQ:VSEC) Stock Price Down 2.4% – Should You Sell?

by · The Markets Daily

VSE Co. (NASDAQ:VSEC – Get Free Report)’s stock price fell 2.4% during trading on Friday . The company traded as low as $99.06 and last traded at $99.50. 164,038 shares traded hands during mid-day trading, an increase of 7% from the average session volume of 153,072 shares. The stock had previously closed at $101.98.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on VSEC shares. B. Riley upped their price objective on shares of VSE from $120.00 to $132.00 and gave the company a “buy” rating in a report on Thursday, November 7th. StockNews.com raised VSE to a “sell” rating in a research note on Monday, December 9th. Royal Bank of Canada increased their price target on VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Jefferies Financial Group boosted their price objective on VSE from $100.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, October 17th. Finally, Truist Financial increased their target price on VSE from $115.00 to $133.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, VSE presently has an average rating of “Moderate Buy” and an average price target of $118.50.

Read Our Latest Report on VSEC

VSE Trading Down 2.5 %

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 50 day moving average price of $110.08 and a 200 day moving average price of $94.73. The stock has a market capitalization of $2.03 billion, a PE ratio of 22.16 and a beta of 1.57.

VSE (NASDAQ:VSEC – Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The construction company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. VSE had a return on equity of 7.26% and a net margin of 1.36%. The business had revenue of $273.61 million during the quarter, compared to analyst estimates of $270.88 million. During the same period in the prior year, the firm posted $0.92 EPS. Equities analysts expect that VSE Co. will post 2.92 EPS for the current fiscal year.

VSE Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Investors of record on Thursday, January 23rd will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date is Thursday, January 23rd. VSE’s payout ratio is currently 8.91%.

Institutional Investors Weigh In On VSE

A number of institutional investors have recently added to or reduced their stakes in VSEC. Innealta Capital LLC bought a new position in shares of VSE during the 2nd quarter worth approximately $42,000. Sanctuary Advisors LLC bought a new stake in VSE during the third quarter worth $155,000. US Bancorp DE boosted its position in VSE by 1,180.2% in the third quarter. US Bancorp DE now owns 2,586 shares of the construction company’s stock worth $214,000 after purchasing an additional 2,384 shares during the last quarter. Archer Investment Corp bought a new position in VSE in the 2nd quarter valued at $247,000. Finally, BNP Paribas Financial Markets increased its position in shares of VSE by 4.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company’s stock valued at $274,000 after purchasing an additional 134 shares during the last quarter. 91.54% of the stock is owned by institutional investors.

VSE Company Profile

(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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