VSE Corporation (NASDAQ:VSEC) Stock Has Average Target Price of $258.12

Key Points

• Analyst sentiment is moderately bullish: Twelve brokerages give VSE a consensus “Moderate Buy” rating, with seven buys, two strong buys, and three holds. The average 12-month price target is $258.12.
• Recent results exceeded expectations: VSE reported quarterly EPS of $1.75 versus the $0.93 consensus estimate, while revenue rose 65% year over year to $449.14 million, ahead of estimates.
• Shares have pulled back: VSEC opened at $156.52, near its 12-month low of $151.40 and below its 50-day and 200-day moving averages. The company also declared a quarterly dividend of $0.10 per share, representing a 0.3% yield.

VSE Corporation (NASDAQ:VSEC - Get Free Report) has been assigned an average rating of "Moderate Buy" from the twelve brokerages that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $258.12.

VSEC has been the topic of several research reports. B. Riley Financial reissued a "buy" rating on shares of VSE in a report on Friday, August 7th. Zacks Research upgraded shares of VSE from a "hold" rating to a "strong-buy" rating in a research report on Monday, October 5th. Guggenheim began coverage on shares of VSE in a research note on Monday, September 14th. They issued a "neutral" rating on the stock. Stifel Nicolaus boosted their target price on shares of VSE from $245.00 to $260.00 and gave the stock a "buy" rating in a report on Monday, August 10th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of VSE in a report on Friday.

VSE Price Performance

Shares of VSEC opened at $156.52 on Wednesday. The company has a market cap of $4.39 billion, a P/E ratio of 50.17, a PEG ratio of 0.65 and a beta of 1.27. The stock has a fifty day moving average price of $191.58 and a 200 day moving average price of $196.04. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.77 and a quick ratio of 1.30. VSE has a 12 month low of $151.40 and a 12 month high of $247.85.

VSE (NASDAQ:VSEC - Get Free Report) last posted its earnings results on Wednesday, August 5th. The construction company reported $1.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.93 by $0.82. The firm had revenue of $449.14 million during the quarter, compared to analyst estimates of $425.03 million. VSE had a net margin of 6.17% and a return on equity of 6.71%. VSE's revenue was up 65.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.97 EPS. On average, research analysts forecast that VSE will post 6.75 earnings per share for the current year.

VSE Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Thursday, October 15th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Thursday, October 15th. VSE's dividend payout ratio (DPR) is 12.82%.

Insider Transactions at VSE

In related news, CEO John Cuomo sold 1,566 shares of the stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $187.49, for a total value of $293,609.34. Following the completion of the sale, the chief executive officer directly owned 167,971 shares of the company's stock, valued at approximately $31,492,882.79. This represents a 0.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio bought a new position in shares of VSE in the second quarter worth about $25,000. Allworth Financial LP acquired a new stake in shares of VSE in the second quarter valued at approximately $29,000. Transamerica Financial Advisors LLC acquired a new position in VSE during the 2nd quarter worth $32,000. Global Retirement Partners LLC acquired a new position in VSE during the 2nd quarter worth $51,000. Finally, GAMMA Investing LLC lifted its holdings in VSE by 89.0% during the 2nd quarter. GAMMA Investing LLC now owns 276 shares of the construction company's stock worth $63,000 after buying an additional 130 shares in the last quarter. Hedge funds and other institutional investors own 91.54% of the company's stock.

VSE Company Profile

VSE Corporation is a diversified provider of aftermarket distribution, maintenance, repair, overhaul, engineering, logistics and other sustainment services for government and commercial customers. The company supports complex assets and supply chains, with activities spanning aviation, defense, transportation and fleet markets.

Through its aviation businesses, VSE distributes aircraft parts and provides maintenance, repair and overhaul services for commercial, general aviation, business and government aircraft.

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