Analysts Offer Predictions for VSE Co.’s Q3 2024 Earnings (NASDAQ:VSEC)

VSE Co. (NASDAQ:VSEC) – Equities researchers at William Blair lifted their Q3 2024 earnings per share (EPS) estimates for shares of VSE in a research note issued on Tuesday, April 30th. William Blair analyst L. Dipalma now anticipates that the construction company will post earnings per share of $1.14 for the quarter, up from their previous forecast of $1.01. The consensus estimate for VSE’s current full-year earnings is $3.79 per share. William Blair also issued estimates for VSE’s Q4 2024 earnings at $1.17 EPS, FY2025 earnings at $5.09 EPS and FY2026 earnings at $5.21 EPS.

A number of other analysts also recently weighed in on VSEC. StockNews.com downgraded VSE from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Benchmark reiterated a “buy” rating and set a $85.00 target price on shares of VSE in a research report on Tuesday, April 16th. Finally, Truist Financial boosted their price target on VSE from $77.00 to $86.00 and gave the stock a “buy” rating in a report on Wednesday, January 10th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $78.25.

VSE Stock Up 3.1 %

VSE stock opened at $82.90 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.70 and a quick ratio of 0.95. VSE has a 1-year low of $45.37 and a 1-year high of $83.14. The company has a market cap of $1.31 billion, a PE ratio of 34.54 and a beta of 1.68. The stock’s 50 day moving average price is $77.32 and its 200 day moving average price is $66.86.

VSE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 16th. Shareholders of record on Thursday, May 2nd will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date is Wednesday, May 1st. VSE’s dividend payout ratio is presently 16.67%.

Hedge Funds Weigh In On VSE

Hedge funds have recently added to or reduced their stakes in the business. Bfsg LLC bought a new stake in VSE in the fourth quarter valued at $41,000. AJOVista LLC bought a new stake in VSE in the fourth quarter valued at $75,000. Amalgamated Bank lifted its stake in VSE by 18.4% in the third quarter. Amalgamated Bank now owns 1,237 shares of the construction company’s stock valued at $62,000 after buying an additional 192 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of VSE during the third quarter valued at about $135,000. Finally, Park Avenue Securities LLC bought a new stake in shares of VSE during the first quarter valued at about $221,000. Institutional investors and hedge funds own 91.54% of the company’s stock.

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.