VSE (VSEC) to Release Quarterly Earnings on Wednesday

VSE (NASDAQ:VSEC) is expected to be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.73 per share and revenue of $289.97 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

VSE Stock Performance

VSEC opened at $100.01 on Monday. The business’s 50-day moving average price is $100.11 and its two-hundred day moving average price is $99.01. VSE has a 1 year low of $69.18 and a 1 year high of $123.92. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of 18.52 and a beta of 1.61. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15.

VSE Dividend Announcement

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

Wall Street Analyst Weigh In

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

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.