VSE (VSEC) to Release Quarterly Earnings on Wednesday

VSE (NASDAQ:VSEC) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.73 per share and revenue of $289.97 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

VSE Trading Down 2.0 %

VSEC stock opened at $100.01 on Monday. The business has a fifty day moving average price of $100.11 and a 200 day moving average price of $99.01. VSE has a fifty-two week low of $69.18 and a fifty-two week high of $123.92. The stock has a market capitalization of $2.04 billion, a price-to-earnings ratio of 18.52 and a beta of 1.61. 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd were given a $0.10 dividend. The ex-dividend date of this dividend was Thursday, January 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.40%. VSE’s payout ratio is 7.41%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Royal Bank of Canada increased their price objective on VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. B. Riley increased their price objective on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. StockNews.com upgraded VSE to a “sell” rating in a research report on Wednesday, February 12th. Finally, Truist Financial reduced their price target on VSE from $133.00 to $129.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. One analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $117.83.

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.