VSE (NASDAQ:VSEC) Now Covered by Analysts at Stifel Nicolaus

Key Points

• Stifel Nicolaus has initiated coverage on VSE (NASDAQ:VSEC) with a "buy" rating and a price target of $199, indicating a potential upside of 16.96% from its current price.
• Royal Bank Of Canada raised their price target for VSE from $150 to $180, adding to the positive sentiment as five analysts currently rate the stock as a "buy."
• VSE recently reported strong quarterly earnings, with $0.97 earnings per share, exceeding analysts’ expectations and showcasing a revenue increase of 41.1% year-over-year.

Stifel Nicolaus started coverage on shares of VSE (NASDAQ:VSEC - Free Report) in a research note released on Tuesday morning. The brokerage issued a buy rating and a $199.00 price objective on the construction company's stock.

Separately, Royal Bank Of Canada lifted their price target on shares of VSE from $150.00 to $180.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, VSE currently has an average rating of "Buy" and an average target price of $155.80.

VSE Stock Down 6.8%

VSEC stock traded down $11.72 during mid-day trading on Tuesday, hitting $160.94. 1,629,942 shares of the company were exchanged, compared to its average volume of 200,154. The company has a market capitalization of $3.33 billion, a PE ratio of 143.70 and a beta of 1.37. The company has a current ratio of 3.73, a quick ratio of 1.44 and a debt-to-equity ratio of 0.38. VSE has a twelve month low of $80.61 and a twelve month high of $174.55. The firm has a fifty day simple moving average of $155.00 and a 200 day simple moving average of $134.28.

VSE (NASDAQ:VSEC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The construction company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.69 by $0.28. VSE had a net margin of 1.94% and a return on equity of 7.25%. The business had revenue of $272.14 million during the quarter, compared to analyst estimates of $267.39 million. During the same period in the previous year, the business posted $0.47 EPS. The company's quarterly revenue was up 41.1% on a year-over-year basis. VSE has set its FY 2025 guidance at EPS. On average, research analysts forecast that VSE will post 2.96 earnings per share for the current fiscal year.

VSE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 29th. Investors of record on Wednesday, October 15th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. VSE's payout ratio is presently 35.71%.

Institutional Trading of VSE

Institutional investors have recently added to or reduced their stakes in the business. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in VSE in the second quarter valued at approximately $28,000. Amalgamated Bank boosted its holdings in shares of VSE by 36.5% during the 1st quarter. Amalgamated Bank now owns 610 shares of the construction company's stock worth $73,000 after buying an additional 163 shares during the period. KBC Group NV bought a new stake in shares of VSE during the 1st quarter worth $99,000. Cetera Investment Advisers bought a new stake in shares of VSE during the 1st quarter worth $202,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of VSE during the 4th quarter worth $226,000. 91.54% of the stock is currently 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.