VSE (VSEC) to Release Earnings on Wednesday

VSE (NASDAQ:VSEC – Get Rating) will be releasing its earnings data after the market closes on Wednesday, March 8th. Analysts expect VSE to post earnings of $0.74 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

VSE Price Performance

Shares of VSEC stock opened at $57.41 on Wednesday. The stock has a market cap of $734.85 million, a price-to-earnings ratio of 25.07 and a beta of 1.50. The business’s fifty day moving average is $51.21 and its 200 day moving average is $46.20. VSE has a twelve month low of $31.85 and a twelve month high of $57.92. The company has a quick ratio of 0.91, a current ratio of 2.85 and a debt-to-equity ratio of 0.65.

VSE Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 9th. Investors of record on Thursday, January 26th were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, January 25th. This represents a $0.40 annualized dividend and a yield of 0.70%. VSE’s payout ratio is 17.47%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Canaccord Genuity Group upped their price target on VSE from $52.00 to $58.00 and gave the stock a “buy” rating in a research note on Wednesday, January 25th. Truist Financial upped their price target on VSE from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Monday, January 9th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, VSE presently has a consensus rating of “Moderate Buy” and a consensus target price of $54.50.

Insider Transactions at VSE

In other news, Director Mark E. Ferguson III sold 2,265 shares of the stock in a transaction on Tuesday, December 6th. The stock was sold at an average price of $49.12, for a total value of $111,256.80. Following the sale, the director now directly owns 10,611 shares of the company’s stock, valued at $521,212.32. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 17.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of VSEC. Morgan Stanley lifted its holdings in shares of VSE by 133.4% during the fourth quarter. Morgan Stanley now owns 57,956 shares of the construction company’s stock valued at $2,717,000 after purchasing an additional 33,128 shares in the last quarter. First Trust Advisors LP bought a new position in shares of VSE during the third quarter valued at $977,000. Invesco Ltd. lifted its holdings in shares of VSE by 32.0% during the first quarter. Invesco Ltd. now owns 111,926 shares of the construction company’s stock valued at $5,158,000 after purchasing an additional 27,146 shares in the last quarter. Millennium Management LLC bought a new position in shares of VSE during the second quarter valued at $963,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of VSE by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 683,380 shares of the construction company’s stock valued at $31,497,000 after purchasing an additional 16,003 shares in the last quarter. 80.64% of the stock is owned by institutional investors.

VSE Company Profile

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VSE Corp. is a logistics and services company, which engages in the provision of engineering and technical support services. It operates through the following segments: Aviation, Fleet, and Federal & Defense. The Aviation segment provides international parts supply and distribution, supply chain solutions, and component and engine accessory maintenance, repair and overhaul services supporting global aftermarket commercial and business, and general aviation customers.