VSE Corporation (NASDAQ:VSEC) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of VSE Corporation (NASDAQ:VSEC) have been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $199.7143.

VSEC has been the topic of several analyst reports. B. Riley upped their price target on VSE from $185.00 to $198.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Citigroup initiated coverage on shares of VSE in a research note on Thursday, December 11th. They set a “buy” rating and a $215.00 price objective for the company. Stifel Nicolaus started coverage on shares of VSE in a report on Tuesday, September 16th. They set a “buy” rating and a $199.00 target price on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of VSE in a report on Monday. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of VSE in a research report on Friday, October 17th. They set a “buy” rating and a $195.00 price target for the company.

Institutional Investors Weigh In On VSE

Several hedge funds have recently bought and sold shares of VSEC. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of VSE in the 2nd quarter valued at about $28,000. Farther Finance Advisors LLC lifted its position in 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 purchasing an additional 1,704 shares during the last quarter. AQR Capital Management LLC purchased a new stake in shares of VSE during the first quarter valued at approximately $247,000. HighTower Advisors LLC bought a new position in shares of VSE in the first quarter worth approximately $268,000. Finally, Handelsbanken Fonder AB bought a new position in shares of VSE in the second quarter worth approximately $498,000. 91.54% of the stock is currently owned by institutional investors.

VSE Price Performance

VSE stock opened at $180.23 on Thursday. The firm has a market capitalization of $4.15 billion, a P/E ratio of 265.05, a PEG ratio of 2.61 and a beta of 1.38. VSE has a one year low of $88.69 and a one year high of $186.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.94 and a quick ratio of 1.41. The business has a fifty day moving average price of $172.87 and a 200-day moving average price of $158.24.

VSE (NASDAQ:VSEC) last issued its quarterly earnings data on Monday, October 27th. The construction company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.15. VSE had a return on equity of 7.64% and a net margin of 1.23%.The business had revenue of $282.91 million for the quarter, compared to analysts’ expectations of $276.48 million. The company’s revenue for the quarter was up 38.9% compared to the same quarter last year. As a group, equities research analysts forecast that VSE will post 2.96 EPS for the current year.

VSE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Thursday, January 15th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Thursday, January 15th. VSE’s dividend payout ratio is currently 58.82%.

About VSE

VSE Corporation (NASDAQ: VSEC) is a provider of aftermarket distribution and supply chain management services serving both government and commercial markets. The company’s solutions span a wide range of industries, with particular emphasis on defense, aerospace and transportation. VSE’s core mission is to ensure mission readiness by delivering critical parts, maintenance and technical support for equipment throughout its lifecycle.

Through its Distribution Services segment, VSE sources, markets and distributes replacement parts and components for commercial truck, bus, rail and specialty vehicle applications.