VSE Co. (NASDAQ:VSEC) Given Average Rating of “Moderate Buy” by Analysts

VSE Co. (NASDAQ:VSECGet Rating) has been assigned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $53.00.

VSEC has been the subject of several analyst reports. Canaccord Genuity Group upped their price target on VSE from $50.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, October 20th. Canaccord Genuity Group upped their price objective on VSE from $50.00 to $52.00 in a report on Thursday, October 20th. Truist Financial upped their price objective on VSE from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Monday, January 9th. TheStreet raised VSE from a “c+” rating to a “b” rating in a report on Friday, October 21st. Finally, StockNews.com began coverage on VSE in a report on Wednesday, October 12th. They issued a “hold” rating on the stock.

VSE Stock Performance

Shares of VSEC opened at $50.97 on Friday. The stock has a 50 day moving average price of $47.86 and a 200 day moving average price of $42.51. The company has a quick ratio of 0.91, a current ratio of 2.85 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $652.42 million, a price-to-earnings ratio of 22.26 and a beta of 1.46. VSE has a 52-week low of $31.85 and a 52-week high of $58.14.

VSE (NASDAQ:VSECGet Rating) last announced its quarterly earnings results on Wednesday, October 26th. The construction company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.07. The firm had revenue of $242.49 million during the quarter, compared to the consensus estimate of $227.86 million. VSE had a return on equity of 8.23% and a net margin of 3.18%. Research analysts predict that VSE will post 2.98 EPS for the current fiscal year.

VSE Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 9th. Investors of record on Thursday, January 26th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, January 25th. This represents a $0.40 annualized dividend and a yield of 0.78%. VSE’s dividend payout ratio (DPR) is presently 17.47%.

Insider Buying and Selling

In related news, Director Mark E. Ferguson III sold 2,265 shares of the stock in a transaction dated Tuesday, December 6th. The stock was sold at an average price of $49.12, for a total transaction of $111,256.80. Following the transaction, the director now directly owns 10,611 shares in the company, valued at $521,212.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 17.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On VSE

A number of large investors have recently modified their holdings of VSEC. Private Management Group Inc. raised its holdings in shares of VSE by 71.0% in the 2nd quarter. Private Management Group Inc. now owns 206,668 shares of the construction company’s stock worth $7,767,000 after purchasing an additional 85,794 shares during the period. Peregrine Capital Management LLC raised its holdings in shares of VSE by 22.0% in the 2nd quarter. Peregrine Capital Management LLC now owns 219,660 shares of the construction company’s stock worth $8,255,000 after purchasing an additional 39,597 shares during the period. First Trust Advisors LP purchased a new position in shares of VSE in the 3rd quarter worth about $977,000. Invesco Ltd. raised its holdings in shares of VSE by 32.0% in the 1st quarter. Invesco Ltd. now owns 111,926 shares of the construction company’s stock worth $5,158,000 after purchasing an additional 27,146 shares during the period. Finally, Millennium Management LLC purchased a new position in shares of VSE in the 2nd quarter worth about $963,000. 80.64% of the stock is currently owned by hedge funds and other institutional investors.

VSE Company Profile

(Get Rating)

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through three segments: Aviation, Fleet, and Federal and Defense. The Aviation segment provides international parts supply and distribution, supply chain solutions, and component and engine accessory maintenance, repair, and overhaul (MRO) services.

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