VSE (NASDAQ:VSEC) Raised to "Strong-Buy" at Truist Financial

Key Points

• Truist Financial upgraded VSE to a Strong-Buy on Friday; the stock's analyst mix includes two Strong Buy, seven Buy and one Hold, giving a consensus Buy rating with an average target of $225.00.
• VSE beat quarterly expectations, reporting $1.16 EPS versus $0.88 expected and revenue of $301.18M (up 32.4% year-over-year), with analysts forecasting about 4.57 EPS for the current year.
• Shares trade near $170.91 (12‑month range $112.50–$232.61) with a $4.8B market cap and a high P/E of 192.03, and roughly 91.5% of the stock is held by institutional investors.

VSE (NASDAQ:VSEC - Get Free Report) was upgraded by Truist Financial to a "strong-buy" rating in a research note issued on Friday,Zacks.com reports.

A number of other research firms have also recently weighed in on VSEC. William Blair reaffirmed an "outperform" rating on shares of VSE in a research report on Thursday, March 12th. Royal Bank Of Canada decreased their target price on VSE from $250.00 to $220.00 and set an "outperform" rating on the stock in a research note on Friday. Zacks Research raised VSE from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 27th. Stifel Nicolaus lifted their target price on VSE from $250.00 to $260.00 and gave the company a "buy" rating in a research note on Monday, March 2nd. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of VSE in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $225.00.

VSE Stock Down 0.4%

VSEC stock opened at $170.91 on Friday. VSE has a twelve month low of $112.50 and a twelve month high of $232.61. The company has a quick ratio of 1.43, a current ratio of 3.76 and a debt-to-equity ratio of 0.20. The stock has a market cap of $4.80 billion, a P/E ratio of 192.03, a PEG ratio of 1.57 and a beta of 1.25. The business's 50-day moving average price is $199.51 and its 200-day moving average price is $189.97.

VSE (NASDAQ:VSEC - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The construction company reported $1.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.88 by $0.28. VSE had a return on equity of 7.60% and a net margin of 1.84%.The firm had revenue of $301.18 million for the quarter, compared to analysts' expectations of $289.55 million. During the same period in the previous year, the firm earned $0.63 EPS. The business's quarterly revenue was up 32.4% on a year-over-year basis. On average, equities research analysts forecast that VSE will post 4.57 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC raised its position in shares of VSE by 145.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 258 shares of the construction company's stock worth $45,000 after acquiring an additional 153 shares in the last quarter. AQR Capital Management LLC bought a new position in shares of VSE in the 1st quarter worth $247,000. Farther Finance Advisors LLC raised its position in shares of VSE by 946.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,884 shares of the construction company's stock worth $313,000 after acquiring an additional 1,704 shares in the last quarter. Ellevest Inc. bought a new position in shares of VSE in the 4th quarter worth $323,000. Finally, SG Americas Securities LLC raised its position in shares of VSE by 262.1% in the 3rd quarter. SG Americas Securities LLC now owns 4,168 shares of the construction company's stock worth $693,000 after acquiring an additional 3,017 shares in the last quarter. 91.54% of the stock is owned by institutional investors.

About VSE

VSE Corporation NASDAQ: VSEC is a provider of aftermarket distribution and supply chain management services serving both government and commercial markets. The company's solutions span a wide range of industries, with particular emphasis on defense, aerospace and transportation. VSE's core mission is to ensure mission readiness by delivering critical parts, maintenance and technical support for equipment throughout its lifecycle.

Through its Distribution Services segment, VSE sources, markets and distributes replacement parts and components for commercial truck, bus, rail and specialty vehicle applications.

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