Analysts Set VSE Co. (NASDAQ:VSEC) Price Target at $118.67

VSE Co. (NASDAQ:VSEC) has received a consensus rating of “Buy” from the six research firms that are presently covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a buy recommendation. The average 1 year price target among brokers that have issued a report on the stock in the last year is $118.67.

A number of research firms have recently weighed in on VSEC. StockNews.com raised VSE to a “sell” rating in a report on Thursday, March 6th. Truist Financial lifted their target price on VSE from $129.00 to $134.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th.

Hedge Funds Weigh In On VSE

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VSEC. Sterling Capital Management LLC lifted its holdings in shares of VSE by 857.1% in the fourth quarter. Sterling Capital Management LLC now owns 469 shares of the construction company’s stock valued at $45,000 after buying an additional 420 shares during the period. Quantbot Technologies LP bought a new stake in VSE in the fourth quarter worth about $47,000. Tower Research Capital LLC TRC lifted its holdings in VSE by 21.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company’s stock valued at $138,000 after acquiring an additional 258 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of VSE during the 3rd quarter valued at about $155,000. Finally, Summit Investment Advisors Inc. grew its stake in shares of VSE by 14.5% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,842 shares of the construction company’s stock worth $175,000 after purchasing an additional 233 shares during the last quarter. 91.54% of the stock is owned by institutional investors.

VSE Price Performance

Shares of VSEC opened at $105.93 on Friday. VSE has a 12 month low of $73.36 and a 12 month high of $128.72. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15. The stock has a fifty day moving average price of $110.53 and a 200 day moving average price of $104.95. The company has a market cap of $2.19 billion, a P/E ratio of 127.63 and a beta of 1.32.

VSE (NASDAQ:VSEC) last released its quarterly earnings results on Wednesday, February 26th. The construction company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.73 by $0.17. The business had revenue of $299.02 million during the quarter, compared to analyst estimates of $289.97 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. On average, research analysts forecast that VSE will post 2.96 earnings per share for the current year.

VSE Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be given a $0.10 dividend. The ex-dividend date is Thursday, May 1st. This represents a $0.40 dividend on an annualized basis and a yield of 0.38%. VSE’s dividend payout ratio (DPR) is 48.19%.

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.