VSE Co. (NASDAQ:VSEC) Receives Average Recommendation of “Buy” from Analysts

VSE Co. (NASDAQ:VSEC) has been given an average recommendation of “Buy” by the five ratings firms that are currently covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a buy recommendation. The average 12-month target price among brokers that have covered the stock in the last year is $92.80.

Several research analysts have commented on VSEC shares. Truist Financial lifted their price objective on shares of VSE from $86.00 to $92.00 and gave the stock a “buy” rating in a research note on Friday, May 10th. B. Riley upped their price target on shares of VSE from $91.00 to $101.00 and gave the company a “buy” rating in a report on Friday, May 10th. Stifel Nicolaus assumed coverage on shares of VSE in a research report on Friday, June 28th. They issued a “buy” rating and a $101.00 price objective on the stock. Finally, Benchmark boosted their target price on VSE from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, June 14th.

VSE Trading Up 2.7 %

VSEC opened at $87.93 on Friday. The stock has a 50-day moving average of $81.30 and a 200 day moving average of $73.72. The company has a current ratio of 3.33, a quick ratio of 0.99 and a debt-to-equity ratio of 0.74. VSE has a 12 month low of $48.47 and a 12 month high of $91.73.

VSE (NASDAQ:VSEC) last announced its earnings results on Wednesday, May 8th. The construction company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.12. VSE had a return on equity of 8.85% and a net margin of 2.56%. The firm had revenue of $241.54 million during the quarter, compared to analysts’ expectations of $242.42 million. On average, sell-side analysts expect that VSE will post 3.47 earnings per share for the current fiscal year.

VSE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 17th will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, July 17th. This represents a $0.40 annualized dividend and a yield of 0.45%.

Hedge Funds Weigh In On VSE

A number of institutional investors have recently modified their holdings of the stock. Bfsg LLC purchased a new stake in shares of VSE in the fourth quarter valued at approximately $41,000. AJOVista LLC bought a new stake in VSE during the 4th quarter valued at $75,000. Simplex Trading LLC bought a new stake in VSE during the 4th quarter valued at $199,000. Park Avenue Securities LLC purchased a new stake in shares of VSE in the 1st quarter worth $221,000. Finally, Caprock Group LLC bought a new position in shares of VSE during the 1st quarter worth $241,000. 91.54% of the stock is owned by hedge funds and other institutional investors.

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.