VSE Co. (NASDAQ:VSEC) Receives $116.83 Consensus Price Target from Analysts

VSE Co. (NASDAQ:VSEC) has earned an average recommendation of “Buy” from the six research firms that are currently covering the company, MarketBeat reports. Six research analysts have rated the stock with a buy rating. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $116.83.

A number of brokerages recently commented on VSEC. StockNews.com upgraded VSE to a “sell” rating in a research note on Thursday, November 7th. Jefferies Financial Group increased their price objective on shares of VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, October 17th. Truist Financial boosted their target price on shares of VSE from $115.00 to $133.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Royal Bank of Canada raised their price target on shares of VSE from $120.00 to $125.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Finally, B. Riley boosted their price objective on VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th.

VSE Stock Up 2.0 %

VSEC stock opened at $117.26 on Monday. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 36.08 and a beta of 1.56. VSE has a 1-year low of $57.10 and a 1-year high of $123.92. The firm has a fifty day moving average price of $102.09 and a two-hundred day moving average price of $91.33. 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 (NASDAQ:VSEC) last issued its earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. The firm had revenue of $273.61 million for the quarter, compared to analysts’ expectations of $270.88 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. During the same quarter last year, the company posted $0.92 earnings per share. Research analysts predict that VSE will post 2.9 EPS for the current year.

Institutional Investors Weigh In On VSE

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VSEC. BNP Paribas Financial Markets raised its position in VSE by 4.2% in the third quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company’s stock worth $274,000 after acquiring an additional 134 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of VSE by 6.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,250 shares of the construction company’s stock worth $463,000 after purchasing an additional 320 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of VSE by 13.8% in the 3rd quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock worth $316,000 after purchasing an additional 464 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in VSE by 8.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,246 shares of the construction company’s stock worth $500,000 after buying an additional 465 shares in the last quarter. Finally, Innealta Capital LLC bought a new stake in VSE during the second quarter worth approximately $42,000. Institutional investors own 91.54% 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.