Q1 2024 EPS Estimates for VSE Co. Raised by Analyst (NASDAQ:VSEC)

VSE Co. (NASDAQ:VSEC) – Investment analysts at William Blair upped their Q1 2024 earnings per share (EPS) estimates for shares of VSE in a report released on Tuesday, April 16th. William Blair analyst L. Dipalma now forecasts that the construction company will post earnings of $0.80 per share for the quarter, up from their prior forecast of $0.69. The consensus estimate for VSE’s current full-year earnings is $3.60 per share. William Blair also issued estimates for VSE’s Q2 2024 earnings at $0.85 EPS, FY2024 earnings at $3.70 EPS, FY2025 earnings at $4.59 EPS and FY2026 earnings at $4.69 EPS.

Several other research analysts have also commented on VSEC. Benchmark reissued a “buy” rating and issued a $85.00 price target on shares of VSE in a research report on Tuesday. Truist Financial boosted their price target on VSE from $77.00 to $86.00 and gave the stock a “buy” rating in a research report on Wednesday, January 10th. Finally, StockNews.com lowered VSE from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $78.25.

VSE Trading Down 2.0 %

VSEC opened at $75.10 on Thursday. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 31.29 and a beta of 1.67. The company has a current ratio of 2.70, a quick ratio of 0.95 and a debt-to-equity ratio of 0.66. VSE has a 12 month low of $41.17 and a 12 month high of $83.00. The stock has a fifty day moving average price of $75.44 and a 200-day moving average price of $64.99.

VSE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Investors of record on Thursday, May 2nd will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.53%. The ex-dividend date is Wednesday, May 1st. VSE’s dividend payout ratio is currently 16.67%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Captrust Financial Advisors increased its position in VSE by 789.2% during the 2nd quarter. Captrust Financial Advisors now owns 658 shares of the construction company’s stock valued at $25,000 after buying an additional 584 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in VSE by 333.9% during the 3rd quarter. Tower Research Capital LLC TRC now owns 794 shares of the construction company’s stock valued at $40,000 after purchasing an additional 611 shares during the last quarter. Bfsg LLC purchased a new stake in VSE during the 4th quarter valued at about $41,000. Amalgamated Bank grew its stake in VSE by 18.4% during the 3rd quarter. Amalgamated Bank now owns 1,237 shares of the construction company’s stock valued at $62,000 after purchasing an additional 192 shares during the last quarter. Finally, AJOVista LLC purchased a new stake in VSE during the 4th quarter valued at about $75,000. 91.54% of the stock is owned by institutional investors and hedge funds.

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.