VSE Co. (NASDAQ:VSEC) Receives $116.83 Average PT from Analysts

Shares of VSE Co. (NASDAQ:VSEC) have earned an average rating of “Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $116.83.

VSEC has been the topic of several research reports. Truist Financial upped their price objective on shares of VSE from $115.00 to $133.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Royal Bank of Canada boosted their price objective on shares of VSE from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Jefferies Financial Group raised their target price on VSE from $100.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, October 17th. B. Riley upped their price target on VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Finally, StockNews.com upgraded shares of VSE to a “sell” rating in a research note on Thursday, November 7th.

Institutional Trading of VSE

Several institutional investors have recently modified their holdings of the company. Innealta Capital LLC acquired a new stake in shares of VSE during the 2nd quarter valued at about $42,000. Sanctuary Advisors LLC bought a new stake in shares of VSE in the 3rd quarter valued at approximately $155,000. US Bancorp DE raised its holdings in shares of VSE by 1,180.2% in the 3rd quarter. US Bancorp DE now owns 2,586 shares of the construction company’s stock worth $214,000 after buying an additional 2,384 shares in the last quarter. Archer Investment Corp bought a new position in shares of VSE during the 2nd quarter worth approximately $247,000. Finally, BNP Paribas Financial Markets boosted its stake in VSE by 4.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company’s stock valued at $274,000 after buying an additional 134 shares in the last quarter. Institutional investors and hedge funds own 91.54% of the company’s stock.

VSE Price Performance

VSEC stock opened at $117.26 on Monday. VSE has a one year low of $57.10 and a one year high of $123.92. The firm has a 50-day moving average of $102.09 and a two-hundred day moving average of $91.33. The firm has a market capitalization of $2.39 billion, a PE ratio of 36.08 and a beta of 1.56. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53.

VSE (NASDAQ:VSEC) last posted its quarterly earnings data on Wednesday, November 6th. The construction company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. VSE had a net margin of 1.36% and a return on equity of 7.26%. The firm had revenue of $273.61 million during the quarter, compared to analyst estimates of $270.88 million. During the same quarter last year, the business posted $0.92 EPS. On average, analysts forecast that VSE will post 2.9 earnings per share for the current year.

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.