Brokerages Set VSE Co. (NASDAQ:VSEC) PT at $125.17

VSE Co. (NASDAQ:VSEC - Get Free Report) has earned an average recommendation of "Buy" from the six research firms that are presently covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy rating. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $125.17.

A number of analysts recently weighed in on VSEC shares. B. Riley raised their target price on shares of VSE from $145.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Wall Street Zen raised VSE to a "sell" rating in a research note on Thursday, March 6th. Royal Bank of Canada increased their target price on shares of VSE from $140.00 to $150.00 and gave the stock an "outperform" rating in a research report on Thursday, May 8th. Finally, Truist Financial raised their price objective on VSE from $130.00 to $140.00 and gave the company a "buy" rating in a research note on Thursday, May 8th.

VSE Trading Down 1.8%

Shares of NASDAQ:VSEC traded down $2.60 during trading on Friday, reaching $137.95. 182,789 shares of the stock were exchanged, compared to its average volume of 221,170. VSE has a 12-month low of $73.36 and a 12-month high of $140.64. The firm has a market cap of $2.85 billion, a price-to-earnings ratio of 172.44 and a beta of 1.29. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69. The firm's 50-day moving average price is $122.54 and its 200 day moving average price is $112.67.

VSE (NASDAQ:VSEC - Get Free Report) last released its earnings results on Tuesday, May 6th. The construction company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.23. VSE had a net margin of 1.36% and a return on equity of 7.26%. The company had revenue of $256.05 million during the quarter, compared to the consensus estimate of $248.20 million. During the same quarter in the previous year, the firm earned $0.45 EPS. The company's revenue was up 57.6% on a year-over-year basis. On average, sell-side analysts anticipate that VSE will post 2.96 earnings per share for the current fiscal year.

VSE Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 30th. Shareholders of record on Wednesday, July 16th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, July 16th. This represents a $0.40 dividend on an annualized basis and a yield of 0.29%. VSE's dividend payout ratio is currently 50.00%.

Insider Activity

In other VSE news, Director Anita D. Britt sold 2,869 shares of the firm's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $129.38, for a total transaction of $371,191.22. Following the completion of the transaction, the director now owns 3,837 shares in the company, valued at $496,431.06. This trade represents a 42.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 14.60% of the company's stock.

Institutional Trading of VSE

Large investors have recently made changes to their positions in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in VSE by 56.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 50,422 shares of the construction company's stock worth $6,050,000 after buying an additional 18,220 shares in the last quarter. Woodline Partners LP raised its stake in shares of VSE by 0.3% in the first quarter. Woodline Partners LP now owns 113,193 shares of the construction company's stock worth $13,582,000 after acquiring an additional 353 shares during the last quarter. Axiom Investors LLC DE bought a new stake in shares of VSE during the first quarter valued at approximately $8,915,000. Fred Alger Management LLC raised its position in VSE by 40.2% in the 1st quarter. Fred Alger Management LLC now owns 361,648 shares of the construction company's stock worth $43,394,000 after purchasing an additional 103,712 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in VSE by 10.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 346,390 shares of the construction company's stock worth $41,563,000 after buying an additional 32,489 shares in the last quarter. Institutional investors own 91.54% of the company's stock.

About VSE

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.