VSE (NASDAQ:VSEC) Shares Cross Above 200 Day Moving Average - Time to Sell?

Key Points

• VSE Corporation's shares have surpassed their 200-day moving average, currently trading at $167.70, indicating potential bullish momentum.
• Analyst ratings are positive, with Royal Bank Of Canada raising the stock's target price to $180.00 and Stifel Nicolaus setting a $199.00 price objective, under a consensus "Buy" rating.
• VSE has announced a quarterly dividend of $0.10 per share, with the ex-dividend date on October 15th, reflecting a yield of 0.2% and a payout ratio of 35.71%.

VSE Corporation (NASDAQ:VSEC - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $135.09 and traded as high as $167.95. VSE shares last traded at $167.70, with a volume of 186,173 shares.

Analyst Ratings Changes

A number of equities analysts have commented on VSEC shares. Royal Bank Of Canada boosted their target price on shares of VSE from $150.00 to $180.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Stifel Nicolaus began coverage on shares of VSE in a report on Tuesday, September 16th. They set a "buy" rating and a $199.00 price objective on the stock. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $155.80.

VSE Trading Up 1.8%

The company has a current ratio of 3.73, a quick ratio of 1.44 and a debt-to-equity ratio of 0.38. The company has a 50-day simple moving average of $156.55 and a 200 day simple moving average of $135.09. The firm has a market cap of $3.47 billion, a PE ratio of 149.73 and a beta of 1.37.

VSE (NASDAQ:VSEC - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The construction company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.69 by $0.28. VSE had a return on equity of 7.25% and a net margin of 1.94%.The business had revenue of $272.14 million for the quarter, compared to analyst estimates of $267.39 million. During the same quarter in the prior year, the firm posted $0.47 EPS. The business's quarterly revenue was up 41.1% compared to the same quarter last year. VSE has set its FY 2025 guidance at EPS. As a group, sell-side analysts forecast that VSE Corporation 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. Shareholders of record on Wednesday, October 15th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.2%. The ex-dividend date is Wednesday, October 15th. VSE's dividend payout ratio is currently 35.71%.

Institutional Investors Weigh In On VSE

A number of institutional investors have recently added to or reduced their stakes in VSEC. New York State Common Retirement Fund grew its stake in VSE by 12.7% in the 2nd quarter. New York State Common Retirement Fund now owns 188,612 shares of the construction company's stock valued at $24,704,000 after acquiring an additional 21,293 shares during the period. Rhumbline Advisers grew 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 acquired a new stake in VSE in the 2nd quarter valued at $498,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in VSE in the 2nd quarter valued at $28,000. Finally, Emerald Mutual Fund Advisers Trust grew its stake in VSE by 86.4% in the 2nd quarter. Emerald Mutual Fund Advisers Trust now owns 132,416 shares of the construction company's stock valued at $17,344,000 after acquiring an additional 61,392 shares during the period. Institutional investors and hedge funds 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.

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.