VSE (VSEC) Cut to Sell at BidaskClub

VSE (NASDAQ:VSEC) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Separately, ValuEngine lowered VSE from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 14th.

Shares of VSE (VSEC) traded down $0.14 during midday trading on Friday, reaching $48.02. The company’s stock had a trading volume of 18,365 shares, compared to its average volume of 27,070. VSE has a 12-month low of $34.98 and a 12-month high of $59.90. The company has a current ratio of 1.91, a quick ratio of 0.80 and a debt-to-equity ratio of 0.63. The firm has a market cap of $521.96, a price-to-earnings ratio of 18.05 and a beta of 1.73.

VSE (NASDAQ:VSEC) last issued its quarterly earnings data on Thursday, October 26th. The construction company reported $0.61 earnings per share for the quarter. VSE had a return on equity of 10.85% and a net margin of 3.71%. The firm had revenue of $174.16 million during the quarter.

Hedge funds and other institutional investors have recently modified their holdings of the business. Eaton Vance Management bought a new position in VSE during the 2nd quarter worth approximately $540,000. Nationwide Fund Advisors lifted its holdings in VSE by 16.7% during the 2nd quarter. Nationwide Fund Advisors now owns 33,490 shares of the construction company’s stock worth $1,506,000 after buying an additional 4,800 shares during the last quarter. Finally, EAM Investors LLC bought a new position in VSE during the 3rd quarter worth approximately $2,060,000. Hedge funds and other institutional investors own 67.23% of the company’s stock.

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VSE 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.

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