VSE (VSEC) Set to Announce Earnings on Wednesday

VSE (NASDAQ:VSEC) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.75 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

VSE Trading Up 3.1 %

NASDAQ:VSEC opened at $82.90 on Monday. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 34.54 and a beta of 1.68. VSE has a one year low of $45.37 and a one year high of $83.14. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.95 and a current ratio of 2.70. The business’s 50-day simple moving average is $77.32 and its 200 day simple moving average is $67.01.

VSE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Shareholders of record on Thursday, May 2nd will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date of this dividend is Wednesday, May 1st. VSE’s payout ratio is 16.67%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on VSEC shares. StockNews.com lowered shares of VSE from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Benchmark restated a “buy” rating and issued a $85.00 target price on shares of VSE in a research note on Tuesday, April 16th. Finally, Truist Financial increased their price target on shares of VSE from $77.00 to $86.00 and gave the stock a “buy” rating in a research report on Wednesday, January 10th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat, VSE presently has an average rating of “Moderate Buy” and an average price target of $78.25.

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.