VSE (NASDAQ:VSEC) Announces Quarterly Earnings Results, Beats Expectations By $0.17 EPS

VSE (NASDAQ:VSEC) announced its quarterly earnings data on Wednesday. The construction company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.17, Zacks reports. The firm had revenue of $299.02 million for the quarter, compared to the consensus estimate of $289.97 million. VSE had a net margin of 1.36% and a return on equity of 7.26%.

VSE Price Performance

VSE stock opened at $117.82 on Friday. The company has a market capitalization of $2.40 billion, a PE ratio of 21.82 and a beta of 1.61. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. The stock has a 50-day moving average price of $100.01 and a two-hundred day moving average price of $99.38. VSE has a 12 month low of $71.34 and a 12 month high of $123.92.

VSE Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd were issued a $0.10 dividend. The ex-dividend date of this dividend was Thursday, January 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.34%. VSE’s payout ratio is presently 7.41%.

Wall Street Analysts Forecast Growth

VSEC has been the topic of several analyst reports. Truist Financial reduced their price target on shares of VSE from $133.00 to $129.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. B. Riley raised their target price on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Royal Bank of Canada boosted their price target on VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Finally, StockNews.com raised VSE to a “sell” rating in a research note on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $117.83.

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.