VSE Corporation (NASDAQ:VSEC) Given Average Rating of “Moderate Buy” by Analysts

Shares of VSE Corporation (NASDAQ:VSEC) have received an average rating of “Moderate Buy” from the eleven analysts that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $239.1250.

Several analysts have weighed in on VSEC shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a $245.00 price target on shares of VSE in a report on Sunday, May 10th. Truist Financial raised VSE to a “strong-buy” rating in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $268.00 price target on shares of VSE in a report on Thursday, May 7th. Zacks Research cut VSE from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. Finally, Weiss Ratings cut VSE from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday.

VSE Stock Performance

Shares of VSEC opened at $176.92 on Friday. The stock’s 50-day simple moving average is $186.63 and its 200 day simple moving average is $191.04. The stock has a market capitalization of $4.96 billion, a price-to-earnings ratio of 74.65, a price-to-earnings-growth ratio of 1.94 and a beta of 1.25. The company has a debt-to-equity ratio of 0.12, a quick ratio of 6.24 and a current ratio of 8.78. VSE has a 52-week low of $123.69 and a 52-week high of $232.61.

VSE (NASDAQ:VSEC) last issued its quarterly earnings data on Tuesday, May 5th. The construction company reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.24. The business had revenue of $324.58 million for the quarter, compared to analysts’ expectations of $309.19 million. VSE had a return on equity of 6.56% and a net margin of 4.95%.The firm’s quarterly revenue was up 26.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.78 EPS. Research analysts forecast that VSE will post 4.3 EPS for the current fiscal year.

VSE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 29th. Shareholders of record on Wednesday, July 15th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. VSE’s dividend payout ratio (DPR) is presently 16.88%.

Institutional Trading of VSE

Several institutional investors and hedge funds have recently modified their holdings of VSEC. Fred Alger Management LLC increased its position in shares of VSE by 26.2% during the 3rd quarter. Fred Alger Management LLC now owns 394,499 shares of the construction company’s stock valued at $65,582,000 after purchasing an additional 81,788 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of VSE by 10.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 346,390 shares of the construction company’s stock valued at $41,563,000 after purchasing an additional 32,489 shares during the last quarter. Emerald Advisers LLC increased its position in shares of VSE by 12.6% during the 1st quarter. Emerald Advisers LLC now owns 314,789 shares of the construction company’s stock valued at $58,047,000 after purchasing an additional 35,246 shares during the last quarter. New York State Common Retirement Fund increased its position in shares of VSE by 11.1% during the 4th quarter. New York State Common Retirement Fund now owns 274,865 shares of the construction company’s stock valued at $47,488,000 after purchasing an additional 27,448 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust increased its position in shares of VSE by 16.4% during the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 195,915 shares of the construction company’s stock valued at $36,127,000 after purchasing an additional 27,563 shares during the last quarter. Hedge funds and other institutional investors own 91.54% of the company’s stock.

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.