VSE Co. (NASDAQ:VSEC) Receives $107.83 Consensus Price Target from Analysts

Shares of VSE Co. (NASDAQ:VSEC) have received an average rating of “Buy” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $107.83.

Several research firms recently weighed in on VSEC. Jefferies Financial Group increased their target price on shares of VSE from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. Benchmark reissued a “buy” rating and set a $100.00 price objective on shares of VSE in a report on Friday, August 2nd. Royal Bank of Canada boosted their price objective on VSE from $100.00 to $120.00 and gave the company an “outperform” rating in a research report on Tuesday, October 22nd. Finally, Truist Financial raised their target price on VSE from $97.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th.

Insider Buying and Selling

In other VSE news, major shareholder Calvin Scott Koonce sold 9,300 shares of the business’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $89.90, for a total value of $836,070.00. Following the transaction, the insider now directly owns 492,284 shares in the company, valued at $44,256,331.60. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 14.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Capital Research Global Investors acquired a new stake in VSE during the 1st quarter valued at $81,623,000. AltraVue Capital LLC acquired a new stake in shares of VSE in the second quarter valued at $48,343,000. Allspring Global Investments Holdings LLC bought a new position in shares of VSE in the second quarter valued at about $10,326,000. Hennessy Advisors Inc. bought a new position in shares of VSE in the second quarter valued at about $9,388,000. Finally, Jennison Associates LLC lifted its position in VSE by 13.2% during the 1st quarter. Jennison Associates LLC now owns 561,397 shares of the construction company’s stock worth $44,912,000 after buying an additional 65,495 shares in the last quarter. Institutional investors own 91.54% of the company’s stock.

VSE Stock Performance

Shares of NASDAQ VSEC opened at $103.33 on Thursday. VSE has a 12 month low of $54.65 and a 12 month high of $108.30. The company has a market cap of $1.90 billion, a P/E ratio of 31.58 and a beta of 1.56. The business’s 50 day moving average is $91.04 and its two-hundred day moving average is $86.13. The company has a quick ratio of 1.17, a current ratio of 3.53 and a debt-to-equity ratio of 0.55.

VSE (NASDAQ:VSEC) last announced its earnings results on Wednesday, July 31st. The construction company reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.01). VSE had a return on equity of 7.87% and a net margin of 1.21%. The company had revenue of $265.96 million for the quarter, compared to the consensus estimate of $256.60 million. On average, equities analysts expect that VSE will post 3.01 EPS for the current year.

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.