Analysts Set VSE Co. (NASDAQ:VSEC) PT at $118.67

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

VSEC has been the subject of several research analyst reports. 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 research report on Tuesday, March 4th. StockNews.com upgraded VSE to a “sell” rating in a report on Thursday, March 6th.

VSE Stock Performance

Shares of NASDAQ VSEC opened at $105.93 on Friday. VSE has a 52-week low of $73.36 and a 52-week high of $128.72. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 127.63 and a beta of 1.32. 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’s fifty day simple moving average is $110.53 and its 200 day simple moving average is $104.95.

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

VSE Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date is Thursday, May 1st. VSE’s dividend payout ratio (DPR) is currently 48.19%.

Hedge Funds Weigh In On VSE

A number of hedge funds have recently modified their holdings of VSEC. T. Rowe Price Investment Management Inc. boosted its position in VSE by 52.6% during the fourth 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 purchasing an additional 698,642 shares during the last quarter. Capital Research Global Investors raised its stake in shares of VSE by 16.8% during the 4th 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. Vanguard Group Inc. lifted its holdings in shares of VSE by 20.5% during the 4th quarter. Vanguard Group Inc. now owns 1,071,545 shares of the construction company’s stock valued at $101,904,000 after buying an additional 182,465 shares during the last quarter. Jennison Associates LLC grew its stake in shares of VSE by 12.7% in the 4th quarter. Jennison Associates LLC now owns 928,617 shares of the construction company’s stock valued at $88,311,000 after buying an additional 104,868 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings 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 buying an additional 277,971 shares during the last quarter. 91.54% of the stock is owned by institutional investors and hedge funds.

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.