VSE Corporation (NASDAQ:VSEC) Receives $199.71 Consensus Target Price from Analysts

Shares of VSE Corporation (NASDAQ:VSEC) have been assigned a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $199.7143.

A number of research firms recently commented on VSEC. Weiss Ratings reiterated a “hold (c)” rating on shares of VSE in a report on Monday, December 22nd. Royal Bank Of Canada upped their price target on VSE from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft initiated coverage on VSE in a report on Friday, October 17th. They set a “buy” rating and a $195.00 price target for the company. Wolfe Research started coverage on shares of VSE in a report on Monday, September 29th. They issued an “outperform” rating and a $190.00 price objective on the stock. Finally, Truist Financial reaffirmed a “buy” rating and issued a $201.00 target price (up previously from $177.00) on shares of VSE in a research report on Wednesday, October 29th.

Institutional Trading of VSE

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in VSE during the 2nd quarter worth $28,000. AQR Capital Management LLC purchased a new position in shares of VSE in the 1st quarter valued at about $247,000. HighTower Advisors LLC acquired a new position in shares of VSE during the first quarter worth about $268,000. Farther Finance Advisors LLC increased its stake in shares of VSE by 946.7% during the third quarter. Farther Finance Advisors LLC now owns 1,884 shares of the construction company’s stock worth $313,000 after buying an additional 1,704 shares during the period. Finally, Handelsbanken Fonder AB acquired a new stake in VSE in the second quarter valued at approximately $498,000. Hedge funds and other institutional investors own 91.54% of the company’s stock.

VSE Trading Down 0.4%

Shares of VSEC opened at $178.73 on Thursday. VSE has a 12-month low of $88.69 and a 12-month high of $186.00. The firm has a market capitalization of $4.12 billion, a P/E ratio of 262.84, a P/E/G ratio of 2.62 and a beta of 1.38. The firm has a 50-day moving average price of $174.00 and a 200 day moving average price of $159.30. The company has a current ratio of 3.94, a quick ratio of 1.41 and a debt-to-equity ratio of 0.35.

VSE (NASDAQ:VSEC) last posted its earnings results on Monday, October 27th. The construction company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.15. VSE had a net margin of 1.23% and a return on equity of 7.64%. The company had revenue of $282.91 million for the quarter, compared to analyst estimates of $276.48 million. The firm’s revenue was up 38.9% compared to the same quarter last year. Sell-side analysts forecast that VSE will post 2.96 EPS for the current year.

VSE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 29th. Investors of record on Thursday, January 15th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. VSE’s dividend payout ratio (DPR) is presently 58.82%.

About VSE

VSE Corporation (NASDAQ: VSEC) is a provider of aftermarket distribution and supply chain management services serving both government and commercial markets. The company’s solutions span a wide range of industries, with particular emphasis on defense, aerospace and transportation. VSE’s core mission is to ensure mission readiness by delivering critical parts, maintenance and technical support for equipment throughout its lifecycle.

Through its Distribution Services segment, VSE sources, markets and distributes replacement parts and components for commercial truck, bus, rail and specialty vehicle applications.