VSE Co. (NASDAQ:VSEC – Free Report) – Investment analysts at William Blair increased their FY2024 earnings per share (EPS) estimates for VSE in a research note issued on Monday, January 27th. William Blair analyst L. Dipalma now expects that the construction company will post earnings of $2.90 per share for the year, up from their previous forecast of $2.87. The consensus estimate for VSE’s current full-year earnings is $2.95 per share. William Blair also issued estimates for VSE’s Q4 2024 earnings at $0.68 EPS.
A number of other equities analysts have also issued reports on the stock. Truist Financial lowered their target price on shares of VSE from $133.00 to $129.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Jefferies Financial Group lifted their price objective on shares of VSE from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. Royal Bank of Canada increased their target price on shares of VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. B. Riley boosted their price target on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Finally, StockNews.com raised VSE to a “sell” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $117.83.
VSE Price Performance
Shares of NASDAQ VSEC opened at $102.88 on Tuesday. The business has a 50-day moving average price of $104.57 and a 200 day moving average price of $97.19. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15. VSE has a 52-week low of $59.18 and a 52-week high of $123.92.
VSE (NASDAQ:VSEC – Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The construction company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.63 by $0.08. The firm had revenue of $273.61 million for the quarter, compared to analyst estimates of $270.88 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. During the same period last year, the business earned $0.92 EPS.
VSE Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.39%. The ex-dividend date is Thursday, January 23rd.
Institutional Trading of VSE
Several hedge funds and other institutional investors have recently made changes to their positions in VSEC. Legato Capital Management LLC increased its stake in VSE by 5.1% in the 4th quarter. Legato Capital Management LLC now owns 54,430 shares of the construction company’s stock valued at $5,176,000 after purchasing an additional 2,645 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new position in shares of VSE in the fourth quarter valued at $24,018,000. Stephens Investment Management Group LLC raised its stake in shares of VSE by 7.4% during the 4th quarter. Stephens Investment Management Group LLC now owns 182,673 shares of the construction company’s stock worth $17,372,000 after buying an additional 12,592 shares during the last quarter. Calamos Advisors LLC boosted its position in shares of VSE by 72.7% in the 4th quarter. Calamos Advisors LLC now owns 6,024 shares of the construction company’s stock worth $573,000 after buying an additional 2,535 shares in the last quarter. Finally, Jennison Associates LLC grew its stake in VSE by 12.7% in the 4th quarter. Jennison Associates LLC now owns 928,617 shares of the construction company’s stock valued at $88,311,000 after acquiring an additional 104,868 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company’s stock.
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.
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