VSE (NASDAQ:VSEC) Announces Earnings Results

VSE (NASDAQ:VSEC) posted its earnings results on Wednesday. The construction company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.17, Zacks reports. VSE had a return on equity of 7.26% and a net margin of 1.36%.

VSE Stock Performance

Shares of VSEC stock traded up $0.44 during trading hours on Wednesday, hitting $101.00. The company’s stock had a trading volume of 237,975 shares, compared to its average volume of 226,667. The company has a 50 day moving average of $99.71 and a 200 day moving average of $99.24. VSE has a 12-month low of $71.34 and a 12-month high of $123.92. The stock has a market cap of $2.06 billion, a PE ratio of 18.70 and a beta of 1.61. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53.

VSE Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.40%. The ex-dividend date of this dividend was Thursday, January 23rd. VSE’s dividend payout ratio is presently 7.41%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on VSEC shares. StockNews.com upgraded VSE to a “sell” rating in a research note on Wednesday, February 12th. Truist Financial dropped their price target on shares of VSE from $133.00 to $129.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. B. Riley lifted their price objective on shares of VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, Royal Bank of Canada lifted their price objective on shares of VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $117.83.

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.