VSE Co. (NASDAQ:VSEC) Given Consensus Recommendation of “Buy” by Analysts

Shares of VSE Co. (NASDAQ:VSEC) have received an average rating of “Buy” from the five ratings firms that are covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a buy recommendation. The average 1 year target price among brokers that have covered the stock in the last year is $66.40.

Several analysts have commented on the stock. StockNews.com assumed coverage on shares of VSE in a research note on Thursday, August 17th. They issued a “sell” rating on the stock. B. Riley boosted their target price on shares of VSE from $70.00 to $72.00 and gave the stock a “buy” rating in a report on Friday, July 21st. Benchmark restated a “buy” rating and issued a $70.00 target price on shares of VSE in a report on Tuesday, August 1st. Finally, Royal Bank of Canada boosted their target price on shares of VSE from $63.00 to $65.00 and gave the stock an “outperform” rating in a report on Monday, July 24th.

Institutional Investors Weigh In On VSE

Several large investors have recently added to or reduced their stakes in the stock. FMR LLC boosted its position in VSE by 1.2% in the 1st quarter. FMR LLC now owns 1,931,381 shares of the construction company’s stock valued at $86,719,000 after buying an additional 22,122 shares during the period. BlackRock Inc. lifted its position in shares of VSE by 1.7% in the 2nd quarter. BlackRock Inc. now owns 753,117 shares of the construction company’s stock worth $41,188,000 after purchasing an additional 12,654 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of VSE by 4.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 751,693 shares of the construction company’s stock worth $33,751,000 after purchasing an additional 34,204 shares during the period. Juniper Investment Company LLC lifted its position in shares of VSE by 1.5% in the 2nd quarter. Juniper Investment Company LLC now owns 330,513 shares of the construction company’s stock worth $18,076,000 after purchasing an additional 4,870 shares during the period. Finally, Peregrine Capital Management LLC lifted its position in shares of VSE by 9.7% in the 1st quarter. Peregrine Capital Management LLC now owns 237,748 shares of the construction company’s stock worth $10,675,000 after purchasing an additional 21,026 shares during the period. 69.36% of the stock is owned by hedge funds and other institutional investors.

VSE Stock Down 0.2 %

Shares of VSEC stock opened at $56.35 on Friday. The stock has a market cap of $886.95 million, a P/E ratio of 22.54 and a beta of 1.52. VSE has a 52 week low of $33.22 and a 52 week high of $59.15. The company has a quick ratio of 1.17, a current ratio of 3.21 and a debt-to-equity ratio of 0.78. The company’s fifty day simple moving average is $53.86 and its two-hundred day simple moving average is $50.36.

VSE (NASDAQ:VSEC) last announced its quarterly earnings results on Wednesday, July 26th. The construction company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.74 by $0.08. The business had revenue of $205.22 million for the quarter, compared to analysts’ expectations of $204.29 million. VSE had a net margin of 3.44% and a return on equity of 8.74%. Analysts predict that VSE will post 3.14 EPS for the current fiscal year.

VSE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st will be given a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, October 31st. This represents a $0.40 annualized dividend and a yield of 0.71%. VSE’s dividend payout ratio (DPR) is 16.00%.

VSE Company Profile

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.