VSE (NASDAQ:VSEC) Raised to “Sell” at StockNews.com

VSE (NASDAQ:VSEC) was upgraded by research analysts at StockNews.com to a “sell” rating in a report issued on Thursday.

Several other equities analysts have also recently issued reports on VSEC. Truist Financial boosted their target price on shares of VSE from $129.00 to $134.00 and gave the company a “buy” rating in a research note on Tuesday. B. Riley boosted their target price on shares of VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, Royal Bank of Canada boosted their target price on shares of VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. One analyst has rated the stock with a sell rating and six have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $118.67.

VSE Stock Up 0.6 %

VSEC stock opened at $116.32 on Thursday. The firm’s fifty day simple moving average is $101.79 and its 200-day simple moving average is $100.39. The company has a market capitalization of $2.40 billion, a P/E ratio of 140.14 and a beta of 1.62. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15. VSE has a 12 month low of $73.36 and a 12 month high of $123.92.

VSE (NASDAQ:VSEC) last released its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.73 by $0.17. The business 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%. As a group, equities research analysts forecast that VSE will post 2.96 earnings per share for the current year.

Hedge Funds Weigh In On VSE

A number of large investors have recently added to or reduced their stakes in the stock. T. Rowe Price Investment Management Inc. raised its position in VSE by 52.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,026,164 shares of the construction company’s stock worth $192,689,000 after acquiring an additional 698,642 shares during the period. Capital Research Global Investors raised its position in VSE by 16.8% during the fourth quarter. Capital Research Global Investors now owns 1,794,069 shares of the construction company’s stock worth $170,616,000 after acquiring an additional 258,674 shares during the period. Vanguard Group Inc. grew its holdings in shares of VSE by 20.5% during the fourth quarter. Vanguard Group Inc. now owns 1,071,545 shares of the construction company’s stock worth $101,904,000 after buying an additional 182,465 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of VSE by 12.7% during the fourth quarter. Jennison Associates LLC now owns 928,617 shares of the construction company’s stock worth $88,311,000 after buying an additional 104,868 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of VSE by 63.4% during the fourth quarter. Ameriprise Financial Inc. now owns 716,168 shares of the construction company’s stock worth $68,115,000 after buying an additional 277,971 shares in the last quarter. 91.54% of the stock is currently 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.