VSE (NASDAQ:VSEC) Reaches New 1-Year High – Should You Buy?

VSE Co. (NASDAQ:VSEC)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $124.44 and last traded at $123.80, with a volume of 44141 shares. The stock had previously closed at $120.36.

Analyst Upgrades and Downgrades

VSEC has been the topic of a number of research analyst reports. StockNews.com upgraded VSE to a “sell” rating in a research note on Thursday, March 6th. Truist Financial lifted their price target on VSE from $129.00 to $134.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Finally, Royal Bank of Canada increased their price objective on VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. One investment 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 stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $118.67.

VSE Stock Performance

The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. The company has a fifty day moving average price of $106.94 and a 200 day moving average price of $102.64. The stock has a market cap of $2.57 billion, a PE ratio of 150.20 and a beta of 1.62.

VSE (NASDAQ:VSEC) last announced its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.17. VSE had a return on equity of 7.26% and a net margin of 1.36%. The firm had revenue of $299.02 million during the quarter, compared to the consensus estimate of $289.97 million. Analysts expect that VSE Co. will post 2.96 earnings per share for the current year.

VSE Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be paid a $0.10 dividend. The ex-dividend date is Thursday, May 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.32%. VSE’s payout ratio is presently 48.19%.

Institutional Investors Weigh In On VSE

Several institutional investors and hedge funds have recently bought and sold shares of VSEC. Sterling Capital Management LLC raised its holdings in shares of VSE by 857.1% during the fourth quarter. Sterling Capital Management LLC now owns 469 shares of the construction company’s stock valued at $45,000 after acquiring an additional 420 shares in the last quarter. Quantbot Technologies LP bought a new position in VSE in the 4th quarter worth $47,000. Tower Research Capital LLC TRC lifted its position in shares of VSE by 21.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company’s stock worth $138,000 after purchasing an additional 258 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of VSE during the 3rd quarter valued at about $155,000. Finally, Summit Investment Advisors Inc. increased its position in shares of VSE by 14.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,842 shares of the construction company’s stock valued at $175,000 after buying an additional 233 shares during the period. Hedge funds and other institutional investors own 91.54% of the company’s stock.

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.