VSE (NASDAQ:VSEC) Receives Buy Rating from Benchmark

Benchmark reiterated their buy rating on shares of VSE (NASDAQ:VSEC) in a research note released on Friday, Benzinga reports. Benchmark currently has a $100.00 target price on the construction company’s stock.

A number of other equities research analysts have also commented on the stock. Truist Financial increased their price objective on shares of VSE from $92.00 to $97.00 and gave the stock a buy rating in a report on Wednesday, July 17th. Stifel Nicolaus started coverage on shares of VSE in a report on Friday, June 28th. They issued a buy rating and a $101.00 price target for the company. B. Riley boosted their price objective on shares of VSE from $91.00 to $101.00 and gave the stock a buy rating in a research report on Friday, May 10th. Finally, Royal Bank of Canada reiterated an outperform rating and issued a $100.00 price objective on shares of VSE in a research report on Thursday. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, VSE presently has a consensus rating of Moderate Buy and an average price target of $99.80.

VSE Stock Performance

NASDAQ VSEC opened at $78.63 on Friday. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 25.90 and a beta of 1.59. The company has a current ratio of 3.33, a quick ratio of 0.99 and a debt-to-equity ratio of 0.74. VSE has a 1-year low of $48.47 and a 1-year high of $94.10. The company has a 50 day moving average of $85.85 and a 200-day moving average of $77.69.

VSE (NASDAQ:VSEC) last issued its quarterly earnings data on Wednesday, May 8th. The construction company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.12. The firm had revenue of $241.54 million during the quarter, compared to the consensus estimate of $242.42 million. VSE had a return on equity of 8.41% and a net margin of 1.21%. On average, equities analysts forecast that VSE will post 3.23 earnings per share for the current fiscal year.

VSE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date of this dividend is Wednesday, November 6th.

Institutional Investors Weigh In On VSE

A number of institutional investors have recently made changes to their positions in VSEC. Bfsg LLC acquired a new position in shares of VSE in the 4th quarter valued at $41,000. Innealta Capital LLC acquired a new position in shares of VSE in the 2nd quarter valued at approximately $42,000. AJOVista LLC bought a new stake in VSE during the 4th quarter worth approximately $75,000. Simplex Trading LLC bought a new stake in VSE during the 4th quarter worth approximately $199,000. Finally, Park Avenue Securities LLC acquired a new stake in VSE during the 1st quarter worth approximately $221,000. 91.54% of the stock is owned by institutional investors and hedge funds.

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.