VSE Co. (NASDAQ:VSEC) Given Consensus Recommendation of “Buy” by Brokerages

Shares of VSE Co. (NASDAQ:VSEC) have received an average rating of “Buy” from the six brokerages that are covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a buy recommendation. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $116.83.

Several research analysts have issued reports on the company. Benchmark restated a “buy” rating and set a $100.00 target price on shares of VSE in a research report on Friday, August 2nd. StockNews.com raised VSE to a “sell” rating in a research report on Thursday, November 7th. Royal Bank of Canada lifted their target price on VSE from $120.00 to $125.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Truist Financial upped their price target on shares of VSE from $115.00 to $133.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Finally, B. Riley boosted their price objective on shares of VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, November 7th.

Insider Buying and Selling at VSE

In other VSE news, major shareholder Calvin Scott Koonce sold 15,300 shares of the company’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $91.83, for a total transaction of $1,404,999.00. Following the completion of the sale, the insider now owns 463,284 shares in the company, valued at $42,543,369.72. This represents a 3.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 14.60% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Innealta Capital LLC purchased a new position in VSE in the second quarter valued at about $42,000. US Bancorp DE grew its position in shares of VSE by 1,180.2% in the 3rd quarter. US Bancorp DE now owns 2,586 shares of the construction company’s stock worth $214,000 after buying an additional 2,384 shares during the last quarter. Archer Investment Corp bought a new position in shares of VSE during the 2nd quarter worth approximately $247,000. BNP Paribas Financial Markets lifted its position in VSE by 4.2% during the third quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company’s stock valued at $274,000 after acquiring an additional 134 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its stake in VSE by 13.8% in the third quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock valued at $316,000 after acquiring an additional 464 shares in the last quarter. 91.54% of the stock is owned by institutional investors.

VSE Stock Performance

NASDAQ:VSEC opened at $116.98 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69. The stock’s fifty day moving average is $99.30 and its 200 day moving average is $90.08. The firm has a market capitalization of $2.39 billion, a PE ratio of 26.53 and a beta of 1.56. VSE has a fifty-two week low of $57.10 and a fifty-two week high of $123.92.

VSE (NASDAQ:VSEC) last released its earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.08. The firm had revenue of $273.61 million during 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 quarter last year, the business earned $0.92 EPS. On average, sell-side analysts anticipate that VSE will post 2.9 earnings per share for the current year.

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.