VSE (NASDAQ:VSEC) Research Coverage Started at Stifel Nicolaus

Stifel Nicolaus began coverage on shares of VSE (NASDAQ:VSEC) in a report published on Tuesday morning. The firm issued a buy rating and a $199.00 price objective on the construction company’s stock.

Separately, Royal Bank Of Canada lifted their price objective on VSE from $150.00 to $180.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $155.80.

VSE Trading Up 3.8%

Shares of VSEC stock opened at $172.66 on Tuesday. VSE has a fifty-two week low of $80.61 and a fifty-two week high of $174.56. The stock has a market cap of $3.57 billion, a P/E ratio of 154.16 and a beta of 1.37. The business has a fifty day simple moving average of $154.32 and a 200-day simple moving average of $133.97. The company has a quick ratio of 1.44, a current ratio of 3.73 and a debt-to-equity ratio of 0.38.

VSE (NASDAQ:VSEC) last announced its quarterly earnings results on Wednesday, July 30th. The construction company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.28. VSE had a return on equity of 7.25% and a net margin of 1.94%.The business had revenue of $272.14 million during the quarter, compared to analysts’ expectations of $267.39 million. During the same quarter last year, the business posted $0.47 earnings per share. The business’s revenue for the quarter was up 41.1% on a year-over-year basis. VSE has set its FY 2025 guidance at EPS. On average, analysts forecast that VSE will post 2.96 earnings per share for the current fiscal year.

VSE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 29th. Investors of record on Wednesday, October 15th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Wednesday, October 15th. VSE’s dividend payout ratio (DPR) is currently 35.71%.

Institutional Trading of VSE

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VSEC. T. Rowe Price Investment Management Inc. grew its holdings in VSE by 25.2% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,537,378 shares of the construction company’s stock valued at $304,460,000 after buying an additional 511,214 shares during the period. Neuberger Berman Group LLC grew its holdings in VSE by 100.5% in the 1st quarter. Neuberger Berman Group LLC now owns 755,461 shares of the construction company’s stock valued at $90,648,000 after buying an additional 378,661 shares during the period. Ameriprise Financial Inc. grew its holdings in VSE by 48.5% in the 1st quarter. Ameriprise Financial Inc. now owns 1,063,832 shares of the construction company’s stock valued at $127,654,000 after buying an additional 347,664 shares during the period. Durable Capital Partners LP grew its holdings in VSE by 41.9% in the 1st quarter. Durable Capital Partners LP now owns 865,017 shares of the construction company’s stock valued at $103,793,000 after buying an additional 255,434 shares during the period. Finally, Emerald Advisers LLC purchased a new stake in VSE in the 1st quarter valued at about $19,671,000. 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.