VSE Corporation (NASDAQ:VSEC) Stock Has Consensus Price Target of $254.00 According to Analysts

Key Points

• Analysts have a “Moderate Buy” consensus on VSE, with 9 of 13 covering brokerages recommending buy or strong buy and an average 12-month price target of $254.
• VSE beat quarterly estimates, reporting EPS of $2.01 versus $1.76 expected and revenue of $541.01 million versus $512.13 million expected; revenue increased 91.2% year over year.
• Shares recently traded at $181.62, below the consensus price target. VSE also declared a quarterly dividend of $0.10 per share, equivalent to a 0.2% annual yield.

VSE Corporation (NASDAQ:VSEC - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the thirteen brokerages that are covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $254.00.

A number of research firms have issued reports on VSEC. Stifel Nicolaus boosted their target price on shares of VSE from $245.00 to $260.00 and gave the company a "buy" rating in a research note on Monday, August 10th. B. Riley Financial dropped their price target on shares of VSE from $280.00 to $265.00 and set a "buy" rating on the stock in a research note on Wednesday, October 28th. Citigroup reaffirmed a "buy" rating on shares of VSE in a report on Wednesday, October 7th. KeyCorp assumed coverage on VSE in a research report on Thursday, October 22nd. They set a "sector weight" rating for the company. Finally, Royal Bank Of Canada increased their price objective on VSE from $220.00 to $225.00 and gave the stock an "outperform" rating in a report on Friday, November 6th.

Insider Activity

In other news, CEO John Cuomo sold 17,500 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $242.49, for a total value of $4,243,575.00. Following the completion of the transaction, the chief executive officer owned 169,537 shares of the company's stock, valued at approximately $41,111,027.13. This represents a 9.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 1.80% of the company's stock.

Institutional Investors Weigh In On VSE

Several institutional investors have recently bought and sold shares of VSEC. Public Employees Retirement System of Ohio bought a new stake in shares of VSE during the 2nd quarter worth about $25,000. Allworth Financial LP bought a new position in shares of VSE in the second quarter valued at approximately $29,000. Transamerica Financial Advisors LLC bought a new position in shares of VSE in the second quarter valued at approximately $32,000. Hantz Financial Services Inc. increased its stake in shares of VSE by 51.0% during the third quarter. Hantz Financial Services Inc. now owns 293 shares of the construction company's stock valued at $48,000 after acquiring an additional 99 shares during the period. Finally, Signaturefd LLC increased its stake in shares of VSE by 163.5% during the third quarter. Signaturefd LLC now owns 303 shares of the construction company's stock valued at $50,000 after acquiring an additional 188 shares during the period. Institutional investors and hedge funds own 91.54% of the company's stock.

VSE Stock Performance

Shares of VSE stock traded down $2.00 during trading hours on Friday, reaching $181.62. The company's stock had a trading volume of 234,998 shares, compared to its average volume of 564,465. The company's 50 day simple moving average is $171.27 and its 200 day simple moving average is $194.46. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.24 and a current ratio of 3.63. VSE has a one year low of $138.85 and a one year high of $247.85. The stock has a market cap of $5.10 billion, a P/E ratio of 41.09, a price-to-earnings-growth ratio of 0.74 and a beta of 1.26.

VSE (NASDAQ:VSEC - Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The construction company reported $2.01 earnings per share for the quarter, beating analysts' consensus estimates of $1.76 by $0.25. VSE had a net margin of 7.87% and a return on equity of 7.10%. The business had revenue of $541.01 million during the quarter, compared to the consensus estimate of $512.13 million. During the same quarter in the prior year, the firm earned $0.99 EPS. The company's revenue for the quarter was up 91.2% compared to the same quarter last year. As a group, analysts expect that VSE will post 6.72 EPS for the current fiscal year.

VSE Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 29th. Shareholders of record on Friday, January 15th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, January 15th. VSE's payout ratio is 9.05%.

About VSE

VSE is an aftermarket aviation services and parts provider. The company distributes replacement parts and supplies repair, maintenance, and other support services for commercial, business, and general aviation customers. Its aviation business works with airlines, aircraft operators, maintenance providers, and original equipment manufacturers to help keep aircraft and related components in service. VSE serves customers in the United States and international markets. Founded in 1959, VSE began as a provider of engineering and technical services to the U.S. government and later expanded into aviation aftermarket services.

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