VSE (VSEC) – Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for VSE (NASDAQ: VSEC):

• 11/7/2024 – VSE was upgraded by analysts at StockNews.com to a “sell” rating.
• 11/7/2024 – VSE had its price target raised by analysts at Royal Bank of Canada from $120.00 to $125.00. They now have an “outperform” rating on the stock.
• 11/7/2024 – VSE had its price target raised by analysts at B. Riley from $120.00 to $132.00. They now have a “buy” rating on the stock.
• 11/7/2024 – VSE had its price target raised by analysts at Truist Financial Co. from $115.00 to $133.00. They now have a “buy” rating on the stock.
• 10/22/2024 – VSE had its price target raised by analysts at Royal Bank of Canada from $100.00 to $120.00. They now have an “outperform” rating on the stock.
• 10/17/2024 – VSE had its price target raised by analysts at Jefferies Financial Group Inc. from $100.00 to $110.00. They now have a “buy” rating on the stock.
• 10/16/2024 – VSE had its price target raised by analysts at Truist Financial Co. from $97.00 to $115.00. They now have a “buy” rating on the stock.

VSE Price Performance

Shares of VSEC traded down $0.90 during mid-day trading on Wednesday, hitting $115.36. 73,201 shares of the company traded hands, compared to its average volume of 148,491. VSE Co. has a one year low of $57.10 and a one year high of $123.92. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. The business has a 50-day moving average of $100.45 and a 200 day moving average of $90.58. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of 35.72 and a beta of 1.56.

VSE (NASDAQ:VSEC) last announced its quarterly earnings data on Wednesday, November 6th. The construction company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. VSE had a net margin of 1.36% and a return on equity of 7.26%. The firm had revenue of $273.61 million for the quarter, compared to analysts’ expectations of $270.88 million. During the same period last year, the firm earned $0.92 earnings per share. As a group, equities analysts expect that VSE Co. will post 2.9 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other VSE news, major shareholder Calvin Scott Koonce sold 15,300 shares of the stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $91.83, for a total value of $1,404,999.00. Following the sale, the insider now directly owns 463,284 shares in the company, valued at approximately $42,543,369.72. This trade represents a 3.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 14.60% of the company’s stock.

Institutional Investors Weigh In On VSE

A number of hedge funds and other institutional investors have recently made changes to their positions in VSEC. Vanguard Group Inc. increased its stake in VSE by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 724,681 shares of the construction company’s stock valued at $57,974,000 after buying an additional 12,407 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in VSE by 8.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,246 shares of the construction company’s stock valued at $500,000 after buying an additional 465 shares during the last quarter. Silvercrest Asset Management Group LLC acquired a new stake in VSE in the 1st quarter valued at $3,072,000. Hennessy Advisors Inc. acquired a new stake in VSE in the 2nd quarter valued at $9,388,000. Finally, Calamos Advisors LLC increased its stake in VSE by 86.6% in the 2nd quarter. Calamos Advisors LLC now owns 31,431 shares of the construction company’s stock valued at $2,775,000 after buying an additional 14,586 shares during the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.

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.