VSE Corporation (NASDAQ:VSEC) Given Average Recommendation of “Moderate Buy” by Analysts

VSE Corporation (NASDAQ:VSEC) has been given a consensus rating of “Moderate Buy” by the nine research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $229.2857.

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

VSE Stock Performance

Shares of VSE stock opened at $185.09 on Friday. The business has a fifty day simple moving average of $202.23 and a 200-day simple moving average of $185.40. VSE has a fifty-two week low of $100.53 and a fifty-two week high of $231.60. The firm has a market cap of $5.19 billion, a price-to-earnings ratio of 207.97, a price-to-earnings-growth ratio of 1.70 and a beta of 1.43. The company has a quick ratio of 1.43, a current ratio of 3.76 and a debt-to-equity ratio of 0.20.

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

VSE Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 29th. Investors of record on Wednesday, April 15th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, April 15th. VSE’s payout ratio is presently 44.94%.

Hedge Funds Weigh In On VSE

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its stake in VSE by 145.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 258 shares of the construction company’s stock worth $45,000 after purchasing an additional 153 shares in the last quarter. Ellevest Inc. acquired a new stake in VSE during the 4th quarter worth about $323,000. Farther Finance Advisors LLC lifted its stake in VSE by 946.7% during the third quarter. Farther Finance Advisors LLC now owns 1,884 shares of the construction company’s stock valued at $313,000 after buying an additional 1,704 shares in the last quarter. AQR Capital Management LLC purchased a new stake in VSE during the first quarter valued at about $247,000. Finally, SG Americas Securities LLC boosted its holdings in shares of VSE by 262.1% in the third quarter. SG Americas Securities LLC now owns 4,168 shares of the construction company’s stock worth $693,000 after buying an additional 3,017 shares during the period. Institutional investors and hedge funds own 91.54% of the company’s stock.

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.