B. Riley Weighs in on VSE’s Q4 Earnings (NASDAQ:VSEC)

VSE Co. (NASDAQ:VSEC) – Research analysts at B. Riley lowered their Q4 2024 earnings estimates for VSE in a report released on Thursday, November 7th. B. Riley analyst J. Van. Sinderen now forecasts that the construction company will earn $0.70 per share for the quarter, down from their prior estimate of $0.74. B. Riley has a “Buy” rating and a $132.00 price target on the stock. The consensus estimate for VSE’s current full-year earnings is $3.01 per share. B. Riley also issued estimates for VSE’s FY2025 earnings at $4.59 EPS and FY2026 earnings at $5.91 EPS.

A number of other equities analysts also recently issued reports on the company. Royal Bank of Canada increased their price target on VSE from $120.00 to $125.00 and gave the stock an “outperform” rating in a research report on Thursday. Benchmark reissued a “buy” rating and issued a $100.00 price target on shares of VSE in a report on Friday, August 2nd. Jefferies Financial Group increased their price objective on shares of VSE from $100.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, October 17th. StockNews.com raised shares of VSE to a “sell” rating in a research note on Thursday. Finally, Truist Financial raised their price target on shares of VSE from $115.00 to $133.00 and gave the company a “buy” rating in a research note on Thursday. One analyst has rated the stock with a sell rating and six have given a buy rating to the stock. According to data from MarketBeat, VSE currently has a consensus rating of “Moderate Buy” and an average target price of $116.83.

VSE Trading Down 1.8 %

VSEC stock opened at $114.42 on Friday. VSE has a 52-week low of $56.98 and a 52-week high of $116.95. The company has a quick ratio of 1.17, a current ratio of 3.53 and a debt-to-equity ratio of 0.55. The firm has a market cap of $2.11 billion, a P/E ratio of 35.84 and a beta of 1.56. The company’s 50-day simple moving average is $92.60 and its 200-day simple moving average is $87.07.

Institutional Investors Weigh In On VSE

Large investors have recently made changes to their positions in the stock. Capital Research Global Investors purchased a new position in VSE during the first quarter worth approximately $81,623,000. AltraVue Capital LLC acquired a new position in shares of VSE during the 2nd quarter valued at about $48,343,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of VSE in the second quarter valued at about $10,326,000. Hennessy Advisors Inc. purchased a new stake in shares of VSE in the second quarter valued at about $9,388,000. Finally, Ghisallo Capital Management LLC acquired a new stake in VSE during the second quarter worth about $4,414,000. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at VSE

In related news, major shareholder Calvin Scott Koonce sold 15,300 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $91.83, for a total transaction of $1,404,999.00. Following the completion of the sale, the insider now owns 463,284 shares of the company’s stock, valued at approximately $42,543,369.72. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 14.60% 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.