VSE (NASDAQ:VSEC) Price Target Raised to $140.00

VSE (NASDAQ:VSEC) had its price objective increased by equities researchers at Truist Financial from $130.00 to $140.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the construction company’s stock. Truist Financial’s price objective indicates a potential upside of 8.41% from the company’s previous close.

Separately, StockNews.com upgraded VSE to a “sell” rating in a research note on Thursday, March 6th. One analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $125.17.

VSE Trading Down 1.7 %

Shares of VSEC stock opened at $129.14 on Thursday. The firm has a fifty day moving average of $116.04 and a 200-day moving average of $109.36. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of 155.59 and a beta of 1.34. VSE has a 52-week low of $73.36 and a 52-week high of $134.00. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69.

VSE (NASDAQ:VSEC) last posted its quarterly earnings results on Tuesday, May 6th. The construction company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.23. VSE had a net margin of 1.36% and a return on equity of 7.26%. The firm had revenue of $256.05 million during the quarter, compared to analyst estimates of $248.20 million. During the same quarter in the prior year, the business posted $0.45 earnings per share. The company’s quarterly revenue was up 57.6% compared to the same quarter last year. On average, equities research analysts forecast that VSE will post 2.96 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in VSEC. Sterling Capital Management LLC raised its stake in shares of VSE by 857.1% in the fourth quarter. Sterling Capital Management LLC now owns 469 shares of the construction company’s stock worth $45,000 after acquiring an additional 420 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of VSE in the fourth quarter valued at approximately $47,000. Amalgamated Bank raised its position in VSE by 36.5% in the 1st quarter. Amalgamated Bank now owns 610 shares of the construction company’s stock worth $73,000 after purchasing an additional 163 shares during the last quarter. KBC Group NV acquired a new position in VSE during the 1st quarter worth $99,000. Finally, Tower Research Capital LLC TRC boosted its position in VSE by 21.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company’s stock valued at $138,000 after buying an additional 258 shares during the last quarter. Institutional investors and hedge funds 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.