VSE (NASDAQ:VSEC) Given New $92.00 Price Target at Truist Financial

VSE (NASDAQ:VSEC - Get Free Report) had its price objective boosted by stock analysts at Truist Financial from $86.00 to $92.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage currently has a "buy" rating on the construction company's stock. Truist Financial's target price would suggest a potential upside of 15.32% from the stock's previous close.

A number of other equities analysts also recently commented on VSEC. Benchmark reiterated a "buy" rating and issued a $85.00 price target on shares of VSE in a research note on Tuesday, April 16th. B. Riley raised their price objective on VSE from $91.00 to $101.00 and gave the stock a "buy" rating in a research note on Friday. Finally, StockNews.com lowered shares of VSE from a "hold" rating to a "sell" rating in a research note on Friday, January 26th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $87.00.

VSE Stock Down 1.1 %

Shares of NASDAQ:VSEC traded down $0.90 during midday trading on Friday, reaching $79.78. The company had a trading volume of 249,505 shares, compared to its average volume of 95,850. VSE has a one year low of $45.76 and a one year high of $86.26. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.70 and a quick ratio of 0.95. The stock has a market capitalization of $1.26 billion, a P/E ratio of 33.53 and a beta of 1.68. The stock's fifty day moving average price is $78.19 and its 200-day moving average price is $67.64.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VSEC. Jennison Associates LLC acquired a new stake in VSE in the 3rd quarter valued at approximately $22,203,000. FMR LLC lifted its holdings in VSE by 18.1% in the third quarter. FMR LLC now owns 2,283,203 shares of the construction company's stock worth $115,165,000 after purchasing an additional 350,313 shares during the period. Vanguard Group Inc. increased its stake in VSE by 17.5% during the 3rd quarter. Vanguard Group Inc. now owns 695,222 shares of the construction company's stock valued at $35,067,000 after buying an additional 103,586 shares during the period. Lisanti Capital Growth LLC bought a new stake in shares of VSE during the 1st quarter worth about $3,566,000. Finally, TD Asset Management Inc acquired a new stake in shares of VSE in the 3rd quarter worth approximately $1,609,000. 91.54% of the stock is owned by institutional investors and hedge funds.

VSE Company Profile

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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