VSE Corporation (NASDAQ:VSEC) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of VSE Corporation (NASDAQ:VSEC) have been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $224.7143.

Several brokerages have commented on VSEC. Royal Bank Of Canada raised their price objective on VSE from $200.00 to $225.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Stifel Nicolaus lifted their price target on shares of VSE from $209.00 to $250.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Weiss Ratings restated a “hold (c)” rating on shares of VSE in a report on Monday, December 29th. Citigroup raised their target price on shares of VSE from $215.00 to $233.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Finally, B. Riley Financial boosted their price target on VSE from $208.00 to $258.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd.

VSE Stock Performance

VSE stock opened at $213.34 on Friday. VSE has a fifty-two week low of $96.13 and a fifty-two week high of $225.00. The stock’s 50 day simple moving average is $194.30 and its two-hundred day simple moving average is $176.77. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.41 and a current ratio of 3.94. The stock has a market cap of $4.92 billion, a price-to-earnings ratio of 313.74, a PEG ratio of 2.31 and a beta of 1.35.

Hedge Funds Weigh In On VSE

Large investors have recently modified their holdings of the stock. New York State Common Retirement Fund grew its position in VSE by 11.1% during the 4th quarter. New York State Common Retirement Fund now owns 274,865 shares of the construction company’s stock valued at $47,488,000 after purchasing an additional 27,448 shares during the last quarter. Ellevest Inc. bought a new position in shares of VSE in the fourth quarter worth approximately $323,000. EverSource Wealth Advisors LLC grew its holdings in shares of VSE by 145.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 258 shares of the construction company’s stock valued at $45,000 after buying an additional 153 shares during the last quarter. Handelsbanken Fonder AB increased its position in shares of VSE by 47.4% during the fourth quarter. Handelsbanken Fonder AB now owns 5,600 shares of the construction company’s stock valued at $968,000 after acquiring an additional 1,800 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in VSE by 17.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,207 shares of the construction company’s stock worth $381,000 after acquiring an additional 323 shares during the last quarter. Hedge funds and other institutional investors own 91.54% of the company’s stock.

VSE Company Profile

VSE Corporation (NASDAQ: VSEC) is a provider of aftermarket distribution and supply chain management services serving both government and commercial markets. The company’s solutions span a wide range of industries, with particular emphasis on defense, aerospace and transportation. VSE’s core mission is to ensure mission readiness by delivering critical parts, maintenance and technical support for equipment throughout its lifecycle.

Through its Distribution Services segment, VSE sources, markets and distributes replacement parts and components for commercial truck, bus, rail and specialty vehicle applications.