VSE (VSEC) Set to Announce Quarterly Earnings on Wednesday

VSE (NASDAQ:VSEC) is scheduled to announce its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.75 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

VSE Stock Performance

Shares of VSEC stock opened at $78.07 on Wednesday. VSE has a 1 year low of $42.29 and a 1 year high of $83.00. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 32.53 and a beta of 1.67. The stock’s 50-day moving average is $76.73 and its two-hundred day moving average is $66.49. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.95 and a current ratio of 2.70.

VSE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Thursday, May 2nd will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.51%. VSE’s dividend payout ratio is presently 16.67%.

Wall Street Analysts Forecast Growth

Several research firms have commented on VSEC. StockNews.com cut shares of VSE from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. Truist Financial upped their price objective on shares of VSE from $77.00 to $86.00 and gave the company a “buy” rating in a research note on Wednesday, January 10th. Finally, Benchmark reaffirmed a “buy” rating and set a $85.00 price objective on shares of VSE in a report on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, VSE presently has a consensus rating of “Moderate Buy” and an average price target of $78.25.

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.