$0.25 Earnings Per Share Expected for VSE Co. (NASDAQ:VSEC) This Quarter


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Wall Street analysts expect VSE Co. (NASDAQ:VSEC) to report earnings of $0.25 per share for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for VSE’s earnings, with estimates ranging from $0.22 to $0.27. VSE posted earnings of $0.88 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 71.6%. The company is scheduled to announce its next earnings report after the market closes on Wednesday, April 28th.

According to Zacks, analysts expect that VSE will report full year earnings of $2.79 per share for the current fiscal year, with EPS estimates ranging from $2.64 to $2.93. For the next financial year, analysts forecast that the company will post earnings of $3.72 per share, with EPS estimates ranging from $3.53 to $3.91. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that cover VSE.

VSE (NASDAQ:VSEC) last announced its earnings results on Thursday, March 4th. The construction company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.03. VSE had a return on equity of 10.35% and a net margin of 0.17%. The firm had revenue of $150.02 million for the quarter, compared to analyst estimates of $153.00 million.

VSEC has been the subject of several recent research reports. William Blair started coverage on VSE in a research note on Monday, March 15th. They issued an “outperform” rating for the company. Canaccord Genuity increased their price target on shares of VSE from $48.00 to $52.00 and gave the company a “buy” rating in a research note on Thursday, March 25th. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $40.25.

Shares of NASDAQ:VSEC traded up $0.68 during midday trading on Friday, reaching $44.83. 48,436 shares of the company’s stock were exchanged, compared to its average volume of 62,856. The stock has a market cap of $568.98 million, a price-to-earnings ratio of 448.34 and a beta of 1.64. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.41 and a quick ratio of 0.89. The firm’s 50 day simple moving average is $40.60 and its two-hundred day simple moving average is $36.88. VSE has a fifty-two week low of $15.00 and a fifty-two week high of $44.27.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 12th. Investors of record on Wednesday, April 28th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend is Tuesday, April 27th. VSE’s dividend payout ratio is presently 10.75%.

A number of institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in VSE by 406.1% in the 4th quarter. JPMorgan Chase & Co. now owns 16,732 shares of the construction company’s stock valued at $644,000 after buying an additional 13,426 shares during the period. Squarepoint Ops LLC grew its holdings in VSE by 39.6% during the 4th quarter. Squarepoint Ops LLC now owns 12,692 shares of the construction company’s stock valued at $489,000 after purchasing an additional 3,599 shares in the last quarter. Price T Rowe Associates Inc. MD acquired a new stake in VSE during the 4th quarter valued at $200,000. Principle Wealth Partners LLC acquired a new stake in VSE during the 4th quarter valued at $232,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in VSE by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 59,077 shares of the construction company’s stock valued at $2,274,000 after purchasing an additional 1,573 shares in the last quarter. Hedge funds and other institutional investors own 72.32% of the company’s stock.

About VSE

VSE Corporation operates as a diversified products and services aftermarket company in the United States. The company operates in three segments: Aviation, Fleet, and Federal and Defense. The Aviation segment provides international parts supply and distribution, supply chain solutions, and component and engine accessory maintenance, repair, and overhaul (MRO) services.

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