VSE Corporation (NASDAQ:VSEC) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of VSE Corporation (NASDAQ:VSEC) have been assigned an average recommendation of “Moderate Buy” from the nine ratings firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $229.2857.

A number of research analysts have recently weighed in on VSEC shares. Royal Bank Of Canada lifted their price target on VSE from $225.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Stifel Nicolaus raised their price objective on VSE from $250.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Citigroup lowered their target price on VSE from $261.00 to $230.00 and set a “buy” rating on the stock in a research note on Thursday. Truist Financial set a $222.00 target price on VSE in a report on Friday, January 9th. Finally, William Blair reissued an “outperform” rating on shares of VSE in a research report on Thursday, March 12th.

Institutional Investors Weigh In On VSE

A number of institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC grew its holdings in shares of VSE by 145.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 258 shares of the construction company’s stock valued at $45,000 after acquiring an additional 153 shares in the last quarter. AQR Capital Management LLC acquired a new position in shares of VSE in the first quarter worth $247,000. Farther Finance Advisors LLC raised 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 acquiring an additional 1,704 shares in the last quarter. Ellevest Inc. purchased a new stake in shares of VSE during the fourth quarter worth $323,000. Finally, SG Americas Securities LLC boosted its position in VSE by 262.1% during the third quarter. SG Americas Securities LLC now owns 4,168 shares of the construction company’s stock valued at $693,000 after purchasing an additional 3,017 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company’s stock.

VSE Stock Performance

VSE stock opened at $185.09 on Friday. The company has a 50 day moving average price of $202.23 and a 200 day moving average price of $185.40. VSE has a 52 week low of $100.53 and a 52 week high of $231.60. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.43 and a current ratio of 3.76. The firm has a market capitalization of $5.19 billion, a price-to-earnings ratio of 207.97, a P/E/G ratio of 1.70 and a beta of 1.43.

VSE (NASDAQ:VSEC) last announced its earnings results on Wednesday, February 25th. The construction company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.28. The company had revenue of $301.18 million for the quarter, compared to the consensus estimate of $289.55 million. VSE had a net margin of 1.84% and a return on equity of 7.60%. The company’s revenue was up 32.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.63 EPS. Research analysts forecast that VSE will post 2.96 EPS for the current year.

VSE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 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 is Wednesday, April 15th. VSE’s dividend payout ratio is currently 44.94%.

VSE Company Profile

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.