VSE (NASDAQ:VSEC) Share Price Crosses Above Two Hundred Day Moving Average - Here's Why

Key Points

• VSE Corporation's stock price surpassed its 200-day moving average of $140.95, peaking at $166.89 before closing at $166.27.
• Several analysts have rated VSE as a "buy," with price targets ranging from $180.00 to $199.00 and a consensus price target of $175.67.
• The company recently declared a $0.10 quarterly dividend to be paid on October 29th, with a yield of 0.2%.

VSE Corporation (NASDAQ:VSEC - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $140.95 and traded as high as $166.89. VSE shares last traded at $166.27, with a volume of 168,497 shares.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VSEC. Deutsche Bank Aktiengesellschaft began coverage on shares of VSE in a report on Friday. They set a "buy" rating and a $195.00 price target on the stock. Royal Bank Of Canada lifted their price target on shares of VSE from $150.00 to $180.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Wolfe Research began coverage on shares of VSE in a research note on Monday, September 29th. They set an "outperform" rating and a $190.00 target price for the company. Weiss Ratings reissued a "hold (c+)" rating on shares of VSE in a research note on Tuesday, October 14th. Finally, Stifel Nicolaus began coverage on shares of VSE in a research note on Tuesday, September 16th. They set a "buy" rating and a $199.00 target price for the company. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $175.67.

VSE Trading Up 4.3%

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 stock has a market capitalization of $3.44 billion, a P/E ratio of 148.46 and a beta of 1.40. The firm's 50 day simple moving average is $163.74 and its two-hundred day simple moving average is $140.95.

VSE (NASDAQ:VSEC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The construction company reported $0.97 earnings per share 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 firm had revenue of $272.14 million during the quarter, compared to the consensus estimate of $267.39 million. During the same period in the previous year, the firm posted $0.47 earnings per share. The business's revenue was up 41.1% compared to the same quarter last year. VSE has set its FY 2025 guidance at EPS. As a group, analysts forecast that VSE Corporation will post 2.96 earnings per share for the current fiscal year.

VSE Announces Dividend

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

Institutional Investors Weigh In On VSE

Several hedge funds and other institutional investors have recently bought and sold shares of VSEC. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in VSE in the second quarter valued at $28,000. Amalgamated Bank increased its position in shares of VSE by 36.5% during the first quarter. Amalgamated Bank now owns 610 shares of the construction company's stock worth $73,000 after acquiring an additional 163 shares in the last quarter. KBC Group NV bought a new stake in shares of VSE during the first quarter worth about $99,000. Cetera Investment Advisers bought a new stake in shares of VSE during the first quarter worth about $202,000. Finally, AQR Capital Management LLC bought a new stake in shares of VSE during the first quarter worth about $247,000. 91.54% of the stock is owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.