VSE (NASDAQ:VSEC) Upgraded at StockNews.com

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

VSEC has been the topic of several other reports. Royal Bank of Canada increased their price objective on VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. B. Riley upped their target price on shares of VSE from $120.00 to $132.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Jefferies Financial Group raised their price objective on VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, October 17th. Finally, Truist Financial lowered their price target on VSE from $133.00 to $129.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $117.83.

VSE Stock Up 0.2 %

Shares of VSEC stock opened at $103.05 on Tuesday. VSE has a twelve month low of $59.18 and a twelve month high of $123.92. 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 business’s fifty day moving average is $104.36 and its 200 day moving average is $97.23.

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, beating 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 period last year, the business earned $0.92 earnings per share. As a group, sell-side analysts predict that VSE will post 2.95 EPS for the current fiscal year.

VSE Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Lord Abbett & CO. LLC lifted its holdings in shares of VSE by 24.9% during the 3rd quarter. Lord Abbett & CO. LLC now owns 224,148 shares of the construction company’s stock valued at $18,544,000 after purchasing an additional 44,662 shares during the last quarter. Geode Capital Management LLC raised its position in shares of VSE by 12.5% in the 3rd quarter. Geode Capital Management LLC now owns 382,719 shares of the construction company’s stock valued at $31,669,000 after purchasing an additional 42,637 shares during the last quarter. Barclays PLC boosted its stake in VSE by 711.2% in the 3rd quarter. Barclays PLC now owns 40,770 shares of the construction company’s stock worth $3,374,000 after purchasing an additional 35,744 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in VSE by 14.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 163,310 shares of the construction company’s stock valued at $13,511,000 after purchasing an additional 20,114 shares in the last quarter. Finally, State Street Corp raised its holdings in shares of VSE by 5.2% in the third quarter. State Street Corp now owns 323,830 shares of the construction company’s stock worth $26,790,000 after buying an additional 15,931 shares during the last quarter. Hedge funds and other institutional investors 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.