VSE (NASDAQ:VSEC) was downgraded by BidaskClub from a "buy" rating to a "hold" rating in a report released on Friday, BidAskClub reports.
Other research analysts have also recently issued research reports about the stock. Benchmark assumed coverage on shares of VSE in a report on Wednesday, May 27th. They issued a "buy" rating and a $36.00 target price for the company. ValuEngine cut shares of VSE from a "sell" rating to a "strong sell" rating in a report on Monday, May 18th. Finally, SunTrust Banks assumed coverage on shares of VSE in a research report on Wednesday, June 24th. They issued a "buy" rating and a $38.00 price target for the company.
NASDAQ VSEC opened at $28.77 on Friday. The company has a quick ratio of 1.02, a current ratio of 2.63 and a debt-to-equity ratio of 0.77. VSE has a 52 week low of $13.83 and a 52 week high of $41.14. The stock has a market capitalization of $318.16 million, a PE ratio of 9.46 and a beta of 1.82. The firm has a 50 day moving average of $27.77 and a two-hundred day moving average of $26.76.
VSE (NASDAQ:VSEC) last posted its quarterly earnings results on Thursday, April 30th. The construction company reported $0.88 EPS for the quarter. VSE had a net margin of 4.44% and a return on equity of 11.24%. The company had revenue of $177.42 million during the quarter. On average, equities research analysts expect that VSE will post 1.22 earnings per share for the current fiscal year.
A number of institutional investors have recently made changes to their positions in VSEC. Great West Life Assurance Co. Can purchased a new position in VSE during the 4th quarter worth $36,000. Citigroup Inc. increased its holdings in shares of VSE by 30.8% in the 1st quarter. Citigroup Inc. now owns 2,627 shares of the construction company's stock valued at $43,000 after purchasing an additional 619 shares in the last quarter. Bank of Montreal Can increased its holdings in shares of VSE by 43.3% in the 4th quarter. Bank of Montreal Can now owns 1,165 shares of the construction company's stock valued at $44,000 after purchasing an additional 352 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in shares of VSE by 30.4% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,703 shares of the construction company's stock valued at $44,000 after purchasing an additional 630 shares in the last quarter. Finally, Denali Advisors LLC increased its holdings in shares of VSE by 11.5% in the 1st quarter. Denali Advisors LLC now owns 6,150 shares of the construction company's stock valued at $101,000 after purchasing an additional 634 shares in the last quarter. Institutional investors own 72.77% of the company's stock.
VSE Company Profile
VSE Corporation operates as a diversified services and supply company in the United States. The company operates in three segments: Supply Chain Management Group, Aviation Group, and Federal Services Group. The Supply Chain Management Group segment offers sourcing, acquisition, scheduling, transportation, shipping, logistics, data management, and other services to assist its clients with supply chain management.
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5 Stocks That Will Benefit From the Coronavirus
Investors are digesting the damage done to their portfolios in last week’s coronavirus-induced correction. There was no place to hide from the bears who bore their claws and shredded the market from its record highs. And the reality is there is probably more volatility to come.
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View the "5 Stocks That Will Benefit From the Coronavirus".