Analysts Set VSE Corporation (NASDAQ:VSEC) Target Price at $224.71

Shares of VSE Corporation (NASDAQ:VSEC) have earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $224.7143.

A number of equities analysts recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of VSE in a report on Monday, December 29th. B. Riley Financial boosted their target price on shares of VSE from $208.00 to $258.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Citigroup increased their price target on shares of VSE from $215.00 to $233.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Truist Financial set a $222.00 price objective on shares of VSE in a research note on Friday, January 9th. Finally, Royal Bank Of Canada upped their price objective on shares of VSE from $200.00 to $225.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th.

VSE Price Performance

Shares of NASDAQ:VSEC opened at $202.66 on Friday. The firm has a market cap of $4.67 billion, a price-to-earnings ratio of 298.03, a P/E/G ratio of 2.31 and a beta of 1.35. VSE has a 1 year low of $91.55 and a 1 year high of $225.00. The company has a current ratio of 3.94, a quick ratio of 1.41 and a debt-to-equity ratio of 0.35. The business has a fifty day simple moving average of $192.59 and a 200 day simple moving average of $175.98.

VSE Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 29th. Stockholders of record on Thursday, January 15th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Thursday, January 15th. VSE’s dividend payout ratio is 58.82%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in VSE during the second quarter worth approximately $28,000. EverSource Wealth Advisors LLC lifted its stake in shares of VSE by 145.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 258 shares of the construction company’s stock worth $45,000 after buying an additional 153 shares during the last quarter. AQR Capital Management LLC bought a new stake in shares of VSE during the 1st quarter worth $247,000. Farther Finance Advisors LLC grew its stake in VSE by 946.7% in the 3rd 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 last quarter. Finally, Ellevest Inc. acquired a new position in VSE in the 4th quarter valued at $323,000. 91.54% of the stock is owned by institutional investors.

VSE Company Profile

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.