B. Riley Equities Analysts Lower Earnings Estimates for VSE

VSE Co. (NASDAQ:VSEC) – Analysts at B. Riley dropped their Q4 2024 earnings estimates for VSE in a research report issued on Thursday, November 7th. B. Riley analyst J. Van. Sinderen now anticipates that the construction company will post earnings per share of $0.70 for the quarter, down from their previous estimate of $0.74. B. Riley currently has a “Buy” rating and a $132.00 target price on the stock. The consensus estimate for VSE’s current full-year earnings is $3.01 per share. B. Riley also issued estimates for VSE’s FY2025 earnings at $4.59 EPS and FY2026 earnings at $5.91 EPS.

VSEC has been the subject of several other reports. Truist Financial increased their price objective on VSE from $115.00 to $133.00 and gave the stock a “buy” rating in a research report on Thursday. Jefferies Financial Group raised their price objective on shares of VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, October 17th. Royal Bank of Canada upped their price target on shares of VSE from $120.00 to $125.00 and gave the company an “outperform” rating in a research report on Thursday. Benchmark reaffirmed a “buy” rating and set a $100.00 price target on shares of VSE in a report on Friday, August 2nd. Finally, StockNews.com raised VSE to a “sell” rating in a report on Thursday. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $116.83.

VSE Stock Up 3.0 %

Shares of NASDAQ:VSEC opened at $117.80 on Friday. VSE has a 52-week low of $57.10 and a 52-week high of $118.94. The company has a quick ratio of 1.17, a current ratio of 3.53 and a debt-to-equity ratio of 0.55. The business has a fifty day moving average of $93.09 and a two-hundred day moving average of $87.36. The stock has a market cap of $2.17 billion, a P/E ratio of 35.84 and a beta of 1.56.

Hedge Funds Weigh In On VSE

Institutional investors have recently made changes to their positions in the stock. Innealta Capital LLC acquired a new stake in shares of VSE during the 2nd quarter worth about $42,000. US Bancorp DE lifted its holdings in shares of VSE by 1,180.2% during the 3rd quarter. US Bancorp DE now owns 2,586 shares of the construction company’s stock worth $214,000 after acquiring an additional 2,384 shares during the period. Archer Investment Corp acquired a new stake in shares of VSE in the second quarter worth approximately $247,000. Park Avenue Securities LLC grew its holdings in VSE by 13.8% in the third quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock valued at $316,000 after purchasing an additional 464 shares during the period. Finally, Arizona State Retirement System increased its position in VSE by 22.9% during the second quarter. Arizona State Retirement System now owns 4,521 shares of the construction company’s stock worth $399,000 after purchasing an additional 842 shares during the last quarter. 91.54% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, major shareholder Calvin Scott Koonce sold 15,300 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $91.83, for a total value of $1,404,999.00. Following the sale, the insider now owns 463,284 shares of the company’s stock, valued at approximately $42,543,369.72. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 14.60% of the stock is currently owned by insiders.

VSE Company Profile

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.