VSE (NASDAQ:VSEC) Earns “Buy” Rating from Truist Financial

VSE (NASDAQ:VSEC)‘s stock had its “buy” rating reaffirmed by stock analysts at Truist Financial in a report released on Wednesday, Marketbeat.com reports. They presently have a $201.00 price objective on the construction company’s stock, up from their prior price objective of $177.00. Truist Financial’s target price indicates a potential upside of 12.09% from the company’s current price.

Several other brokerages have also commented on VSEC. Deutsche Bank Aktiengesellschaft began coverage on VSE in a research report on Friday, October 17th. They set a “buy” rating and a $195.00 price objective on the stock. Royal Bank Of Canada increased their price objective on VSE from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday. Wolfe Research began coverage on VSE in a research report on Monday, September 29th. They set an “outperform” rating and a $190.00 price objective on the stock. Stifel Nicolaus began coverage on VSE in a research report on Tuesday, September 16th. They set a “buy” rating and a $199.00 price objective on the stock. Finally, B. Riley increased their price objective on VSE from $185.00 to $198.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $197.17.

VSE Stock Performance

NASDAQ:VSEC opened at $179.32 on Wednesday. The business’s 50-day moving average price is $166.11 and its two-hundred day moving average price is $144.45. VSE has a twelve month low of $88.69 and a twelve month high of $186.00. The stock has a market cap of $4.13 billion, a P/E ratio of 263.71, a PEG ratio of 2.67 and a beta of 1.40. The company has a quick ratio of 1.44, a current ratio of 3.94 and a debt-to-equity ratio of 0.35.

VSE (NASDAQ:VSEC) last released its quarterly earnings results on Monday, October 27th. The construction company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.15. The firm had revenue of $282.91 million for the quarter, compared to analysts’ expectations of $276.48 million. VSE had a return on equity of 7.64% and a net margin of 1.23%.The business’s revenue was up 38.9% on a year-over-year basis. VSE has set its FY 2025 guidance at EPS. As a group, equities analysts predict that VSE will post 2.96 EPS for the current fiscal year.

Hedge Funds Weigh In On VSE

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC grew its position in shares of VSE by 94.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,608 shares of the construction company’s stock worth $553,000 after buying an additional 2,236 shares during the last quarter. Amalgamated Bank grew its position in shares of VSE by 36.5% in the 1st quarter. Amalgamated Bank now owns 610 shares of the construction company’s stock worth $73,000 after buying an additional 163 shares during the last quarter. KBC Group NV bought a new stake in shares of VSE in the 1st quarter worth approximately $99,000. Arizona State Retirement System grew its position in shares of VSE by 15.2% in the 1st quarter. Arizona State Retirement System now owns 5,528 shares of the construction company’s stock worth $663,000 after buying an additional 730 shares during the last quarter. Finally, Teacher Retirement System of Texas bought a new stake in shares of VSE in the 1st quarter worth approximately $337,000. 91.54% of the stock is currently owned by institutional investors.

VSE Company Profile

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.