VSE (NASDAQ:VSEC) Reaches New 1-Year High - Should You Buy?

Key Points

• VSE Corporation (NASDAQ:VSEC) shares reached a new 52-week high of $171.00 during mid-day trading, with a current trading price of $170.50.
• Wall Street analysts have a positive outlook on VSE, with five giving it a Buy rating and one firm raising the price target to $199.00.
• The company reported strong earnings with $0.97 earnings per share for the last quarter, exceeding estimates and demonstrating a 41.1% year-over-year revenue increase.

VSE Corporation (NASDAQ:VSEC - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $171.00 and last traded at $170.50, with a volume of 45543 shares changing hands. The stock had previously closed at $165.48.

Wall Street Analysts Forecast Growth

VSEC has been the subject of several research reports. Royal Bank Of Canada increased their price target on VSE from $150.00 to $180.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Stifel Nicolaus assumed coverage on VSE in a research report on Tuesday. They set a "buy" rating and a $199.00 price objective on the stock. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat, VSE currently has an average rating of "Buy" and a consensus price target of $155.80.

VSE Stock Performance

The company has a quick ratio of 1.44, a current ratio of 3.73 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $3.53 billion, a PE ratio of 152.51 and a beta of 1.37. The stock's fifty day simple moving average is $151.70 and its 200-day simple moving average is $133.06.

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

VSE Dividend Announcement

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

Institutional Trading of VSE

Hedge funds have recently bought and sold shares of the business. New York State Common Retirement Fund boosted its holdings in VSE by 12.7% during the 2nd quarter. New York State Common Retirement Fund now owns 188,612 shares of the construction company's stock worth $24,704,000 after acquiring an additional 21,293 shares during the last quarter. Rhumbline Advisers raised its stake in VSE by 29.8% in the 2nd quarter. Rhumbline Advisers now owns 32,625 shares of the construction company's stock valued at $4,273,000 after acquiring an additional 7,484 shares during the period. Handelsbanken Fonder AB purchased a new position in VSE during the 2nd quarter valued at about $498,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in VSE during the 2nd quarter valued at about $28,000. Finally, Emerald Mutual Fund Advisers Trust boosted its stake in VSE by 86.4% in the second quarter. Emerald Mutual Fund Advisers Trust now owns 132,416 shares of the construction company's stock worth $17,344,000 after buying an additional 61,392 shares in the last quarter. Institutional investors and hedge funds own 91.54% of the company's stock.

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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