VSE Corporation (NASDAQ:VSEC) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of VSE Corporation (NASDAQ:VSEC) have earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $224.7143.

VSEC has been the topic of a number of recent research reports. Stifel Nicolaus lifted their price target on shares of VSE from $209.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Truist Financial set a $222.00 price objective on shares of VSE in a report on Friday, January 9th. Royal Bank Of Canada lifted their target price on shares of VSE from $200.00 to $225.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Weiss Ratings reissued a “hold (c)” rating on shares of VSE in a research report on Monday, December 29th. Finally, Citigroup raised their price target on shares of VSE from $215.00 to $233.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th.

Hedge Funds Weigh In On VSE

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VSEC. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of VSE in the 2nd quarter worth approximately $28,000. EverSource Wealth Advisors LLC raised its position in VSE by 145.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 258 shares of the construction company’s stock valued at $45,000 after purchasing an additional 153 shares during the last quarter. Ellevest Inc. acquired a new position in VSE in the fourth quarter worth $323,000. Farther Finance Advisors LLC grew its holdings in shares of VSE by 946.7% during the third quarter. Farther Finance Advisors LLC now owns 1,884 shares of the construction company’s stock worth $313,000 after purchasing an additional 1,704 shares during the last quarter. Finally, AQR Capital Management LLC acquired a new stake in shares of VSE in the first quarter valued at $247,000. 91.54% of the stock is currently owned by institutional investors and hedge funds.

VSE Trading Up 3.3%

VSE stock opened at $224.65 on Friday. The business has a 50 day moving average price of $196.26 and a two-hundred day moving average price of $177.39. The company has a quick ratio of 1.41, a current ratio of 3.94 and a debt-to-equity ratio of 0.35. VSE has a 12 month low of $98.03 and a 12 month high of $225.59. The stock has a market cap of $5.18 billion, a price-to-earnings ratio of 330.37, a price-to-earnings-growth ratio of 2.46 and a beta of 1.35.

About VSE

VSE Corporation (NASDAQ: VSEC) is a provider of aftermarket distribution and supply chain management services serving both government and commercial markets. The company’s solutions span a wide range of industries, with particular emphasis on defense, aerospace and transportation. VSE’s core mission is to ensure mission readiness by delivering critical parts, maintenance and technical support for equipment throughout its lifecycle.

Through its Distribution Services segment, VSE sources, markets and distributes replacement parts and components for commercial truck, bus, rail and specialty vehicle applications.