VSE Corporation (VSEC) Downgraded by BidaskClub
VSE Corporation (NASDAQ:VSEC) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Monday.
Separately, TheStreet downgraded VSE Corporation from a “b” rating to a “c+” rating in a research note on Friday, April 28th.
VSE Corporation (NASDAQ VSEC) traded up 7.33% during trading on Monday, hitting $51.85. The stock had a trading volume of 73,491 shares. VSE Corporation has a 1-year low of $26.16 and a 1-year high of $52.35. The firm’s 50 day moving average is $44.50 and its 200 day moving average is $41.35. The firm has a market cap of $561.95 million, a price-to-earnings ratio of 19.20 and a beta of 1.78.
VSE Corporation (NASDAQ:VSEC) last issued its earnings results on Thursday, July 27th. The construction company reported $0.72 EPS for the quarter. VSE Corporation had a return on equity of 11.32% and a net margin of 3.77%. The firm had revenue of $193.86 million for the quarter. On average, analysts anticipate that VSE Corporation will post $4.35 earnings per share for the current year.
TRADEMARK VIOLATION WARNING: “VSE Corporation (VSEC) Downgraded by BidaskClub” was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at https://www.americanbankingnews.com/2017/07/31/vse-corporation-vsec-downgraded-by-bidaskclub.html.
In other VSE Corporation news, Director Bonnie K. Wachtel sold 1,000 shares of the business’s stock in a transaction dated Wednesday, June 28th. The stock was sold at an average price of $45.00, for a total value of $45,000.00. Following the transaction, the director now owns 123,352 shares in the company, valued at $5,550,840. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 21.00% of the company’s stock.
VSE Corporation Company Profile
VSE Corporation is a services and supply chain management company. The Company’s segments include Supply Chain Management Group, Aviation Group, Federal Services Group, and IT, Energy and Management Consulting Group. The Company provides logistics and distribution services for legacy systems and equipment and professional and technical services to the United States Government, including the United States Department of Defense (DoD), the United States Postal Service (USPS), federal civilian agencies, and commercial and other customers.
Receive News & Ratings for VSE Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VSE Corporation and related companies with MarketBeat.com's FREE daily email newsletter.