VSE (NASDAQ:VSEC) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of VSE (NASDAQ:VSEC) to a sell rating in a research report report published on Tuesday.

Other equities analysts have also recently issued reports about the company. Truist Financial lowered their target price on VSE from $133.00 to $129.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. B. Riley raised their price objective on shares of VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Royal Bank of Canada upped 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. Finally, Jefferies Financial Group raised their price target on shares of VSE from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, October 17th. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $117.83.

VSE Price Performance

VSE stock opened at $103.18 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15. The company’s 50 day simple moving average is $104.81 and its 200-day simple moving average is $97.15. VSE has a 1 year low of $59.18 and a 1 year high of $123.92.

VSE (NASDAQ:VSEC) last announced its earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. VSE had a return on equity of 7.26% and a net margin of 1.36%. The company had revenue of $273.61 million for the quarter, compared to analyst estimates of $270.88 million. During the same quarter in the previous year, the company earned $0.92 earnings per share. Equities research analysts forecast that VSE will post 2.95 EPS for the current year.

VSE Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Investors of record on Thursday, January 23rd will be paid a $0.10 dividend. The ex-dividend date is Thursday, January 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.39%.

Institutional Investors Weigh In On VSE

A number of large investors have recently modified their holdings of VSEC. BNP Paribas Financial Markets grew its stake in shares of VSE by 4.2% during the third quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company’s stock worth $274,000 after purchasing an additional 134 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in VSE by 6.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,250 shares of the construction company’s stock worth $463,000 after buying an additional 320 shares during the last quarter. Park Avenue Securities LLC boosted its position in shares of VSE by 13.8% during the 3rd quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock worth $316,000 after acquiring an additional 464 shares in the last quarter. Millrace Asset Group Inc. increased its holdings in shares of VSE by 4.3% in the 3rd quarter. Millrace Asset Group Inc. now owns 23,364 shares of the construction company’s stock valued at $1,933,000 after acquiring an additional 956 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of VSE by 17.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,021 shares of the construction company’s stock worth $581,000 after acquiring an additional 1,058 shares in the last quarter. 91.54% of the stock is owned by hedge funds and other institutional investors.

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.