VSE (VSEC) Scheduled to Post Quarterly Earnings on Tuesday

VSE (NASDAQ:VSEC) will announce its earnings results after the market closes on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.63 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

VSE (NASDAQ:VSEC) last announced its quarterly earnings results on Wednesday, July 31st. The construction company reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.01). The business had revenue of $265.96 million for the quarter, compared to the consensus estimate of $256.60 million. VSE had a net margin of 1.21% and a return on equity of 7.87%. On average, analysts expect VSE to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

VSE Trading Up 0.7 %

Shares of NASDAQ:VSEC opened at $103.33 on Friday. The company has a market cap of $1.90 billion, a P/E ratio of 31.58 and a beta of 1.56. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.53 and a quick ratio of 1.17. VSE has a 1 year low of $54.65 and a 1 year high of $108.30. The stock’s fifty day moving average price is $91.04 and its 200-day moving average price is $86.13.

Insider Activity at VSE

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

Analyst Ratings Changes

A number of research firms have weighed in on VSEC. Jefferies Financial Group upped their price target on shares of VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th. Truist Financial upped their price target on shares of VSE from $97.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. Royal Bank of Canada upped their price target on shares of VSE from $100.00 to $120.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. Finally, Benchmark reiterated a “buy” rating and issued a $100.00 price target on shares of VSE in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating and six have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $107.83.

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.