VSE Corporation (NASDAQ:VSEC) Stock Has Average Price Target of $252.22

VSE Corporation (NASDAQ:VSEC) has earned a consensus rating of “Moderate Buy” from the thirteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $252.22.

A number of research analysts recently issued reports on VSEC shares. Morgan Stanley set a $230.00 target price on shares of VSE in a research report on Wednesday, July 15th. Royal Bank Of Canada raised their price target on shares of VSE from $240.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of VSE from $280.00 to $290.00 and gave the company a “buy” rating in a research note on Tuesday, August 11th. B. Riley Financial reiterated a “buy” rating on shares of VSE in a report on Friday, August 7th. Finally, Citigroup increased their price objective on shares of VSE from $263.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th.

Insider Transactions at VSE

In other VSE news, CEO John Cuomo sold 17,500 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $242.49, for a total value of $4,243,575.00. Following the transaction, the chief executive officer owned 169,537 shares in the company, valued at approximately $41,111,027.13. This represents a 9.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On VSE

Several hedge funds and other institutional investors have recently modified their holdings of VSEC. Public Employees Retirement System of Ohio acquired a new position in shares of VSE during the second quarter worth approximately $25,000. Allworth Financial LP acquired a new stake in VSE in the 2nd quarter valued at $29,000. Transamerica Financial Advisors LLC acquired a new stake in VSE in the 2nd quarter valued at $32,000. EverSource Wealth Advisors LLC increased its stake in 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 purchasing an additional 153 shares in the last quarter. Finally, Global Retirement Partners LLC bought a new stake in VSE during the 2nd quarter valued at $51,000. Institutional investors own 91.54% of the company’s stock.

VSE Price Performance

Shares of VSEC opened at $180.77 on Friday. VSE has a 52-week low of $154.67 and a 52-week high of $247.85. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.30 and a current ratio of 3.77. The business’s 50 day moving average price is $205.30 and its two-hundred day moving average price is $198.69. The firm has a market cap of $5.07 billion, a PE ratio of 57.94, a price-to-earnings-growth ratio of 0.74 and a beta of 1.24.

VSE (NASDAQ:VSEC) last posted its quarterly earnings results on Wednesday, August 5th. The construction company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.82. The firm had revenue of $449.14 million for the quarter, compared to analysts’ expectations of $425.03 million. VSE had a return on equity of 6.71% and a net margin of 6.17%.The company’s revenue for the quarter was up 65.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.97 EPS. On average, equities analysts anticipate that VSE will post 6.75 EPS for the current year.

VSE Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Thursday, October 15th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, October 15th. VSE’s dividend payout ratio is 12.82%.

VSE Company Profile

VSE Corporation (NASDAQ: VSEC) is a diversified provider of aftermarket distribution, logistics, maintenance, repair and overhaul, and engineering services. The company primarily serves the U.S. government, commercial aviation operators, aerospace manufacturers, and fleet customers through specialized operating businesses.

VSE’s Federal and Defense operations support the U.S. Department of Defense and other government agencies with supply-chain management, equipment sustainment, modernization, engineering, and logistics services.