VSE Co. (NASDAQ:VSEC - Get Free Report) has received a consensus rating of "Buy" from the six research firms that are currently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average 1 year target price among analysts that have issued a report on the stock in the last year is $125.17.
A number of equities analysts have issued reports on VSEC shares. Truist Financial increased their price target on VSE from $130.00 to $140.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Royal Bank of Canada increased their price target on VSE from $140.00 to $150.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. B. Riley increased their price target on VSE from $145.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Finally, Wall Street Zen upgraded VSE to a "sell" rating in a report on Thursday, March 6th.
Get Our Latest Stock Analysis on VSEC
VSE Trading Down 0.2%
VSEC stock traded down $0.24 during trading on Monday, hitting $126.68. The company had a trading volume of 182,936 shares, compared to its average volume of 218,041. The business has a 50-day moving average of $119.02 and a 200-day moving average of $111.17. VSE has a one year low of $73.36 and a one year high of $139.51. The stock has a market cap of $2.62 billion, a PE ratio of 158.35 and a beta of 1.34. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53.
VSE (NASDAQ:VSEC - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The construction company reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.23. The firm had revenue of $256.05 million for the quarter, compared to analysts' expectations of $248.20 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. The company's revenue for the quarter was up 57.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.45 EPS. Research analysts predict that VSE will post 2.96 earnings per share for the current fiscal year.
VSE Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 30th. Stockholders of record on Wednesday, July 16th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.32%. The ex-dividend date is Wednesday, July 16th. VSE's payout ratio is presently 50.00%.
Insider Buying and Selling
In related news, Director Anita D. Britt sold 2,869 shares of the company's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $129.38, for a total value of $371,191.22. Following the sale, the director now owns 3,837 shares in the company, valued at $496,431.06. This represents a 42.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.30% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On VSE
A number of institutional investors and hedge funds have recently made changes to their positions in VSEC. Amalgamated Bank increased its stake in VSE by 36.5% in the 1st quarter. Amalgamated Bank now owns 610 shares of the construction company's stock valued at $73,000 after buying an additional 163 shares during the last quarter. Summit Investment Advisors Inc. increased its stake in VSE by 14.5% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,842 shares of the construction company's stock valued at $175,000 after buying an additional 233 shares during the last quarter. US Bancorp DE increased its stake in VSE by 8.5% in the 1st quarter. US Bancorp DE now owns 3,278 shares of the construction company's stock valued at $393,000 after buying an additional 257 shares during the last quarter. Corebridge Financial Inc. increased its stake in VSE by 3.0% in the 4th quarter. Corebridge Financial Inc. now owns 8,753 shares of the construction company's stock valued at $832,000 after buying an additional 258 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in VSE by 21.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company's stock valued at $138,000 after buying an additional 258 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company's stock.
About VSE
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Get Free ReportVSE 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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