VSE Co. (NASDAQ:VSEC) Given Consensus Rating of “Buy” by Analysts

Shares of VSE Co. (NASDAQ:VSEC) have received a consensus recommendation of “Buy” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average 1-year price objective among brokerages that have covered the stock in the last year is $118.67.

Several analysts have weighed in on the company. StockNews.com upgraded VSE to a “sell” rating in a research report on Wednesday, February 12th. Truist Financial upped their price target on shares of VSE from $129.00 to $134.00 and gave the company a “buy” rating in a report on Tuesday. B. Riley raised their price target on shares of VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Finally, Royal Bank of Canada upped their price objective on shares of VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Friday, December 6th.

VSE Price Performance

Shares of NASDAQ:VSEC opened at $115.93 on Wednesday. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. The stock has a market cap of $2.37 billion, a PE ratio of 139.67 and a beta of 1.61. The company’s fifty day moving average is $100.69 and its 200 day moving average is $99.97. VSE has a 52 week low of $72.65 and a 52 week high of $123.92.

VSE (NASDAQ:VSEC) last released its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.73 by $0.17. The firm had revenue of $299.02 million for the quarter, compared to the consensus estimate of $289.97 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. Research analysts anticipate that VSE will post 2.96 earnings per share for the current year.

VSE Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.35%. VSE’s dividend payout ratio is 48.19%.

Hedge Funds Weigh In On VSE

Several hedge funds and other institutional investors have recently modified their holdings of VSEC. T. Rowe Price Investment Management Inc. boosted its position in VSE by 52.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,026,164 shares of the construction company’s stock valued at $192,689,000 after acquiring an additional 698,642 shares in the last quarter. Neuberger Berman Group LLC purchased a new position in shares of VSE in the 4th quarter valued at approximately $35,834,000. Artisan Partners Limited Partnership bought a new stake in shares of VSE during the fourth quarter valued at approximately $31,692,000. Ameriprise Financial Inc. grew its stake in VSE by 63.4% in the fourth quarter. Ameriprise Financial Inc. now owns 716,168 shares of the construction company’s stock worth $68,115,000 after purchasing an additional 277,971 shares during the period. Finally, Capital Research Global Investors raised its holdings in VSE by 16.8% in the fourth quarter. Capital Research Global Investors now owns 1,794,069 shares of the construction company’s stock worth $170,616,000 after purchasing an additional 258,674 shares in the last quarter. Hedge funds and other institutional investors own 91.54% of the company’s stock.

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.