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

Shares of VSE Co. (NASDAQ:VSEC) have been assigned a consensus rating of “Buy” from the six ratings firms that are covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a buy rating. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $107.83.

Several research analysts recently issued reports on the stock. Benchmark reiterated a “buy” rating and issued a $100.00 price target on shares of VSE in a research note on Friday, August 2nd. Jefferies Financial Group increased their price objective 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. Royal Bank of Canada lifted their price objective on VSE from $100.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. Finally, Truist Financial boosted their target price on shares of VSE from $97.00 to $115.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th.

Insider Activity at VSE

In other news, major shareholder Calvin Scott Koonce sold 15,300 shares of the business’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $91.83, for a total value of $1,404,999.00. Following the sale, the insider now directly owns 463,284 shares in the company, valued at $42,543,369.72. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 14.60% of the stock is owned by insiders.

Institutional Trading of VSE

Several hedge funds and other institutional investors have recently bought and sold shares of VSEC. Victory Capital Management Inc. boosted its stake in VSE by 30.5% during the third quarter. Victory Capital Management Inc. now owns 15,401 shares of the construction company’s stock worth $1,274,000 after buying an additional 3,601 shares during the period. Principal Financial Group Inc. boosted its stake in shares of VSE by 5.9% during the 3rd quarter. Principal Financial Group Inc. now owns 22,067 shares of the construction company’s stock worth $1,826,000 after purchasing an additional 1,236 shares during the period. Wisconsin Capital Management LLC grew its holdings in VSE by 14.9% during the 3rd quarter. Wisconsin Capital Management LLC now owns 58,172 shares of the construction company’s stock valued at $4,813,000 after purchasing an additional 7,522 shares during the last quarter. US Bancorp DE raised its position in 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 purchasing an additional 2,384 shares during the period. Finally, Park Avenue Securities LLC lifted 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 worth $316,000 after purchasing an additional 464 shares during the last quarter. Hedge funds and other institutional investors own 91.54% of the company’s stock.

VSE Price Performance

Shares of VSEC stock opened at $116.47 on Thursday. The business’s fifty day moving average is $92.15 and its 200 day moving average is $86.88. The company has a quick ratio of 1.17, a current ratio of 3.53 and a debt-to-equity ratio of 0.55. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 25.49 and a beta of 1.56. VSE has a twelve month low of $56.98 and a twelve month high of $116.84.

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.