Several other research firms have also commented on VSEC. SunTrust Banks began coverage on VSE in a research report on Wednesday, June 24th. They issued a buy rating and a $38.00 price objective on the stock. ValuEngine lowered VSE from a sell rating to a strong sell rating in a research report on Monday, May 18th. Finally, Benchmark initiated coverage on VSE in a research report on Wednesday, May 27th. They set a buy rating and a $36.00 target price on the stock.
Shares of NASDAQ:VSEC opened at $30.98 on Tuesday. VSE has a twelve month low of $13.83 and a twelve month high of $41.14. The company’s 50 day moving average is $26.18 and its 200 day moving average is $27.17. The company has a current ratio of 2.63, a quick ratio of 1.02 and a debt-to-equity ratio of 0.77. The company has a market cap of $325.22 million, a PE ratio of 10.19 and a beta of 1.83.
VSE (NASDAQ:VSEC) last released its quarterly earnings data on Thursday, April 30th. The construction company reported $0.88 EPS for the quarter. VSE had a return on equity of 11.24% and a net margin of 4.44%. The business had revenue of $177.42 million for the quarter. Equities research analysts predict that VSE will post 1.22 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 29th. Shareholders of record on Wednesday, July 15th will be issued a $0.09 dividend. The ex-dividend date is Tuesday, July 14th. This represents a $0.36 dividend on an annualized basis and a yield of 1.16%. VSE’s payout ratio is currently 10.75%.
Several institutional investors and hedge funds have recently modified their holdings of VSEC. Citigroup Inc. lifted its position in shares of VSE by 30.8% in the first quarter. Citigroup Inc. now owns 2,627 shares of the construction company’s stock valued at $43,000 after acquiring an additional 619 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in VSE by 23,257.2% in the first quarter. PNC Financial Services Group Inc. now owns 233,572 shares of the construction company’s stock valued at $3,828,000 after purchasing an additional 232,572 shares during the last quarter. BlackRock Inc. boosted its holdings in VSE by 1.0% in the first quarter. BlackRock Inc. now owns 640,913 shares of the construction company’s stock valued at $10,505,000 after purchasing an additional 6,623 shares during the last quarter. Denali Advisors LLC boosted its holdings in VSE by 11.5% in the first quarter. Denali Advisors LLC now owns 6,150 shares of the construction company’s stock valued at $101,000 after purchasing an additional 634 shares during the last quarter. Finally, State Street Corp boosted its holdings in VSE by 0.6% in the fourth quarter. State Street Corp now owns 231,571 shares of the construction company’s stock valued at $8,809,000 after purchasing an additional 1,327 shares during the last quarter. 72.77% of the stock is owned by institutional investors and hedge funds.
VSE Company Profile
VSE Corporation operates as a diversified services and supply company in the United States. The company operates in three segments: Supply Chain Management Group, Aviation Group, and Federal Services Group. The Supply Chain Management Group segment offers sourcing, acquisition, scheduling, transportation, shipping, logistics, data management, and other services to assist its clients with supply chain management.
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