VSE (NASDAQ:VSEC) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

Shares of VSE Corporation (NASDAQ:VSEC - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $113.77 and traded as high as $139.38. VSE shares last traded at $139.27, with a volume of 150,741 shares trading hands.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on VSEC. B. Riley lifted their target price on shares of VSE from $145.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Truist Financial upped their target price on shares of VSE from $130.00 to $140.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Wall Street Zen upgraded shares of VSE to a "sell" rating in a report on Thursday, March 6th. Finally, Royal Bank Of Canada increased their price target 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. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $125.17.

VSE Stock Up 1.2%

The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.12 and a current ratio of 3.90. The stock has a market capitalization of $2.88 billion, a P/E ratio of 174.09 and a beta of 1.28. The company's 50-day moving average price is $126.47 and its 200 day moving average price is $113.77.

VSE (NASDAQ:VSEC - Get Free Report) last posted its earnings results on Tuesday, May 6th. The construction company reported $0.78 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.23. VSE had a net margin of 1.41% and a return on equity of 6.62%. The firm had revenue of $256.05 million for the quarter, compared to the consensus estimate of $248.20 million. During the same period in the previous year, the firm posted $0.45 EPS. The business's quarterly revenue was up 57.6% on a year-over-year basis. As a group, equities analysts expect that VSE Corporation will post 2.96 earnings per share for the current year.

VSE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 30th. Shareholders of record on Wednesday, July 16th will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, July 16th. This represents a $0.40 annualized dividend and a yield of 0.29%. VSE's dividend payout ratio (DPR) is 50.00%.

Insider Transactions at VSE

In related news, Director Anita D. Britt sold 2,869 shares of the business's stock in a transaction that occurred on 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. The trade was a 42.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 2.30% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of VSEC. Sterling Capital Management LLC increased its stake in VSE by 857.1% during the 4th quarter. Sterling Capital Management LLC now owns 469 shares of the construction company's stock valued at $45,000 after purchasing an additional 420 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of VSE in the fourth quarter valued at approximately $47,000. Amalgamated Bank lifted its holdings in VSE by 36.5% during the first quarter. Amalgamated Bank now owns 610 shares of the construction company's stock valued at $73,000 after purchasing an additional 163 shares in the last quarter. KBC Group NV purchased a new position in VSE during the first quarter valued at $99,000. Finally, Tower Research Capital LLC TRC lifted its holdings in VSE by 21.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company's stock valued at $138,000 after purchasing an additional 258 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.

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