VSE (NASDAQ:VSEC) Stock Rating Upgraded by StockNews.com

VSE (NASDAQ:VSEC) was upgraded by research analysts at StockNews.com to a “sell” rating in a research note issued on Monday.

Several other research firms have also issued reports on VSEC. Truist Financial increased their price objective on VSE from $115.00 to $133.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Jefferies Financial Group increased their price objective on VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, October 17th. B. Riley raised their target price on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, Royal Bank of Canada raised their target price on VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Friday. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $118.50.

VSE Price Performance

VSEC stock traded down $4.78 during midday trading on Monday, hitting $113.85. The stock had a trading volume of 320,108 shares, compared to its average volume of 150,633. VSE has a 52 week low of $57.10 and a 52 week high of $123.92. The stock has a 50-day simple moving average of $106.08 and a 200 day simple moving average of $93.05. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53.

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

Institutional Trading of VSE

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jennison Associates LLC increased its position in VSE by 3.8% in the third quarter. Jennison Associates LLC now owns 823,749 shares of the construction company’s stock worth $68,149,000 after purchasing an additional 29,811 shares during the period. Dimensional Fund Advisors LP boosted its holdings in VSE by 1.9% during the second quarter. Dimensional Fund Advisors LP now owns 822,784 shares of the construction company’s stock worth $72,634,000 after buying an additional 15,323 shares during the last quarter. AltraVue Capital LLC bought a new position in VSE during the second quarter worth about $48,343,000. Geode Capital Management LLC boosted its holdings in VSE by 12.5% during the third quarter. Geode Capital Management LLC now owns 382,719 shares of the construction company’s stock worth $31,669,000 after buying an additional 42,637 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in VSE by 121.6% during the third quarter. Franklin Resources Inc. now owns 325,121 shares of the construction company’s stock worth $29,801,000 after buying an additional 178,435 shares during the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.

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.