VSE (NASDAQ:VSEC) Hits New 52-Week High at $94.10

VSE Co. (NASDAQ:VSEC) hit a new 52-week high on Tuesday . The company traded as high as $94.10 and last traded at $93.66, with a volume of 34286 shares. The stock had previously closed at $91.96.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Truist Financial upped their target price on shares of VSE from $92.00 to $97.00 and gave the stock a “buy” rating in a research note on Wednesday, July 17th. Stifel Nicolaus assumed coverage on shares of VSE in a research note on Friday, June 28th. They issued a “buy” rating and a $101.00 target price for the company. Benchmark upped their target price on shares of VSE from $85.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, June 14th. Finally, B. Riley upped their target price on shares of VSE from $91.00 to $101.00 and gave the stock a “buy” rating in a research note on Friday, May 10th. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. According to MarketBeat, VSE currently has an average rating of “Moderate Buy” and a consensus target price of $93.80.

VSE Stock Performance

The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.99 and a current ratio of 3.33. The stock’s fifty day moving average price is $84.52 and its 200-day moving average price is $76.57. The company has a market capitalization of $1.45 billion, a P/E ratio of 28.80 and a beta of 1.59.

VSE (NASDAQ:VSEC) last released its quarterly earnings results on Wednesday, May 8th. The construction company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.12. The firm had revenue of $241.54 million for the quarter, compared to analysts’ expectations of $242.42 million. VSE had a net margin of 2.56% and a return on equity of 8.85%. As a group, research analysts anticipate that VSE Co. will post 3.46 EPS for the current fiscal year.

VSE Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 17th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, July 17th. This represents a $0.40 annualized dividend and a yield of 0.44%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Bfsg LLC bought a new position in VSE in the 4th quarter valued at about $41,000. AJOVista LLC bought a new position in VSE in the 4th quarter valued at about $75,000. Simplex Trading LLC acquired a new position in shares of VSE during the 4th quarter worth approximately $199,000. Park Avenue Securities LLC acquired a new position in shares of VSE during the 1st quarter worth approximately $221,000. Finally, Caprock Group LLC acquired a new position in shares of VSE during the 1st quarter worth approximately $241,000. 91.54% of the stock is owned by institutional investors.

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.