William Blair Analysts Reduce Earnings Estimates for VSE

VSE Co. (NASDAQ:VSEC) – Equities researchers at William Blair lowered their Q4 2024 earnings estimates for shares of VSE in a report issued on Wednesday, November 6th. William Blair analyst L. Dipalma now anticipates that the construction company will post earnings per share of $0.65 for the quarter, down from their previous estimate of $0.76. The consensus estimate for VSE’s current full-year earnings is $3.01 per share.

A number of other equities research analysts have also weighed in on the stock. Benchmark restated a “buy” rating and issued a $100.00 target price on shares of VSE in a report on Friday, August 2nd. Jefferies Financial Group lifted their target price on VSE from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, October 17th. StockNews.com raised VSE to a “sell” rating in a research report on Thursday. Royal Bank of Canada lifted their price objective on shares of VSE from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, B. Riley increased their target price on shares of VSE from $120.00 to $132.00 and gave the company a “buy” rating in a report on Thursday. One analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $116.83.

VSE Stock Down 1.8 %

VSE stock opened at $114.42 on Friday. The firm has a market capitalization of $2.11 billion, a price-to-earnings ratio of 35.84 and a beta of 1.56. The firm’s fifty day moving average price is $92.60 and its two-hundred day moving average price is $87.07. VSE has a 1-year low of $56.98 and a 1-year high of $116.95. The company has a current ratio of 3.53, a quick ratio of 1.17 and a debt-to-equity ratio of 0.55.

Insider Buying and Selling

In related news, major shareholder Calvin Scott Koonce sold 15,300 shares of VSE stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $91.83, for a total value of $1,404,999.00. Following the sale, the insider now owns 463,284 shares of the company’s stock, valued at approximately $42,543,369.72. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 14.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On VSE

Several large investors have recently modified their holdings of the business. The Manufacturers Life Insurance Company grew its stake in VSE by 6.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,250 shares of the construction company’s stock valued at $463,000 after buying an additional 320 shares in the last quarter. Park Avenue Securities LLC grew its position in shares of VSE by 13.8% in the third quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock valued at $316,000 after purchasing an additional 464 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in VSE by 8.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,246 shares of the construction company’s stock worth $500,000 after purchasing an additional 465 shares in the last quarter. Innealta Capital LLC bought a new position in VSE in the 2nd quarter worth about $42,000. Finally, Arizona State Retirement System grew its holdings in VSE by 22.9% during the 2nd quarter. Arizona State Retirement System now owns 4,521 shares of the construction company’s stock valued at $399,000 after buying an additional 842 shares in the last quarter. Hedge funds and other institutional investors 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.