VSE (NASDAQ:VSEC) Sees Strong Trading Volume Following Strong Earnings

Shares of VSE Corporation (NASDAQ:VSEC) saw unusually-high trading volume on Tuesday following a stronger than expected earnings report. Approximately 440,217 shares were traded during mid-day trading, an increase of 82% from the previous session’s volume of 241,984 shares.The stock last traded at $181.61 and had previously closed at $179.52.

The construction company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.84 by $0.15. The firm had revenue of $282.91 million during the quarter, compared to the consensus estimate of $276.48 million. VSE had a return on equity of 7.64% and a net margin of 1.23%.The company’s quarterly revenue was up 38.9% on a year-over-year basis. VSE has set its FY 2025 guidance at EPS.

Wall Street Analysts Forecast Growth

VSEC has been the topic of several analyst reports. Stifel Nicolaus initiated coverage on VSE in a research report on Tuesday, September 16th. They set a “buy” rating and a $199.00 target price on the stock. B. Riley lifted their target price on VSE from $185.00 to $198.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of VSE in a research report on Tuesday, October 14th. Deutsche Bank Aktiengesellschaft initiated coverage on VSE in a research report on Friday, October 17th. They set a “buy” rating and a $195.00 target price on the stock. Finally, Wolfe Research initiated coverage on VSE in a research report on Monday, September 29th. They set an “outperform” rating and a $190.00 target price on the stock. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, VSE has an average rating of “Moderate Buy” and an average target price of $183.67.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC boosted its position in VSE by 262.1% in the third quarter. SG Americas Securities LLC now owns 4,168 shares of the construction company’s stock worth $693,000 after purchasing an additional 3,017 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of VSE by 946.7% in the third quarter. Farther Finance Advisors LLC now owns 1,884 shares of the construction company’s stock valued at $313,000 after buying an additional 1,704 shares during the period. Argent Capital Management LLC bought a new stake in shares of VSE in the third quarter valued at $887,000. New York State Common Retirement Fund raised its stake in shares of VSE by 12.7% in the second quarter. New York State Common Retirement Fund now owns 188,612 shares of the construction company’s stock valued at $24,704,000 after buying an additional 21,293 shares during the period. Finally, Rhumbline Advisers raised its stake in shares of VSE by 29.8% in the second quarter. Rhumbline Advisers now owns 32,625 shares of the construction company’s stock valued at $4,273,000 after buying an additional 7,484 shares during the period. Hedge funds and other institutional investors own 91.54% of the company’s stock.

VSE Stock Performance

The stock has a market capitalization of $3.78 billion, a P/E ratio of 268.72, a price-to-earnings-growth ratio of 2.64 and a beta of 1.40. The company has a 50 day simple moving average of $165.37 and a 200-day simple moving average of $143.73. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.73 and a quick ratio of 1.44.

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.