VSE (NASDAQ:VSEC) Stock Price Expected to Rise, Truist Financial Analyst Says

VSE (NASDAQ:VSEC) had its price target hoisted by research analysts at Truist Financial from $115.00 to $133.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the construction company’s stock. Truist Financial’s target price suggests a potential upside of 12.90% from the stock’s current price.

A number of other analysts also recently issued reports on the stock. Royal Bank of Canada boosted their price objective on shares of VSE from $100.00 to $120.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. Benchmark reiterated a “buy” rating and issued a $100.00 price target on shares of VSE in a research report on Friday, August 2nd. Finally, Jefferies Financial Group increased their price target on VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $116.83.

VSE Price Performance

Shares of NASDAQ VSEC opened at $117.80 on Thursday. The firm has a market cap of $2.17 billion, a P/E ratio of 35.84 and a beta of 1.56. The business’s 50 day moving average is $93.09 and its 200-day moving average is $87.36. The company has a current ratio of 3.53, a quick ratio of 1.17 and a debt-to-equity ratio of 0.55. VSE has a 1-year low of $57.10 and a 1-year high of $118.94.

VSE (NASDAQ:VSEC) last posted its quarterly earnings data on Wednesday, November 6th. The construction company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.08. The firm had revenue of $273.61 million for the quarter, compared to analysts’ expectations of $270.88 million. VSE had a return on equity of 7.58% and a net margin of 1.36%. During the same quarter last year, the business earned $0.92 EPS. Equities research analysts predict that VSE will post 3.01 earnings per share for the current year.

Insider Transactions at VSE

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 transaction, the insider now directly owns 463,284 shares of the company’s stock, valued at $42,543,369.72. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 14.60% of the stock is currently owned by insiders.

Institutional Trading of VSE

Several large investors have recently bought and sold shares of VSEC. Capital Research Global Investors bought a new position in shares of VSE in the first quarter worth about $81,623,000. Jennison Associates LLC increased its position in VSE by 3.8% during the 3rd quarter. Jennison Associates LLC now owns 823,749 shares of the construction company’s stock worth $68,149,000 after purchasing an additional 29,811 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in VSE by 1.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 822,784 shares of the construction company’s stock valued at $72,634,000 after purchasing an additional 15,323 shares during the last quarter. Vanguard Group Inc. boosted its position in VSE by 1.7% in the first quarter. Vanguard Group Inc. now owns 724,681 shares of the construction company’s stock valued at $57,974,000 after buying an additional 12,407 shares in the last quarter. Finally, AltraVue Capital LLC bought a new stake in shares of VSE during the second quarter worth $48,343,000. 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.