StockNews.com Upgrades VSE (NASDAQ:VSEC) to Sell

StockNews.com upgraded shares of VSE (NASDAQ:VSEC) to a sell rating in a report published on Monday.

Other equities analysts have also issued reports about the stock. Truist Financial lifted their target price on shares of VSE from $115.00 to $133.00 and gave the company a “buy” rating in a report on Thursday, November 7th. B. Riley lifted their price objective on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Royal Bank of Canada increased their target price on VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Jefferies Financial Group lifted their price target on VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $118.50.

VSE Price Performance

Shares of VSEC stock opened at $113.85 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69. The firm has a market cap of $2.32 billion, a P/E ratio of 25.36 and a beta of 1.57. The business’s 50 day moving average price is $106.08 and its 200-day moving average price is $93.05. VSE has a fifty-two week low of $57.10 and a fifty-two week high of $123.92.

VSE (NASDAQ:VSEC) last issued its quarterly earnings data on Wednesday, November 6th. The construction company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.63 by $0.08. VSE had a net margin of 1.36% and a return on equity of 7.26%. The business had revenue of $273.61 million during the quarter, compared to analyst estimates of $270.88 million. During the same period last year, the business posted $0.92 earnings per share. On average, equities research analysts anticipate that VSE will post 2.9 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AltraVue Capital LLC bought a new position in VSE in the second quarter valued at about $48,343,000. Franklin Resources Inc. increased its position in shares of VSE by 121.6% during the 3rd quarter. Franklin Resources Inc. now owns 325,121 shares of the construction company’s stock valued at $29,801,000 after purchasing an additional 178,435 shares during the last quarter. Primecap Management Co. CA bought a new position in shares of VSE in the 3rd quarter worth approximately $11,016,000. Allspring Global Investments Holdings LLC purchased a new position in shares of VSE in the second quarter worth approximately $10,326,000. Finally, Hennessy Advisors Inc. bought a new stake in VSE during the second quarter valued at approximately $9,388,000. Institutional investors own 91.54% of the company’s stock.

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.