VSE (NASDAQ:VSEC) Price Target Raised to $134.00 at Truist Financial

VSE (NASDAQ:VSEC) had its target price upped by Truist Financial from $129.00 to $134.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the construction company’s stock. Truist Financial’s target price would suggest a potential upside of 18.16% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. StockNews.com upgraded VSE to a “sell” rating in a research note on Wednesday, February 12th. B. Riley increased their price objective on shares of VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Finally, Royal Bank of Canada boosted their price objective on VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. One research analyst has rated the stock with a sell rating and six have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $118.67.

VSE Trading Down 0.0 %

VSEC stock traded down $0.02 on Tuesday, hitting $113.40. 89,994 shares of the company were exchanged, compared to its average volume of 181,640. The stock has a market capitalization of $2.31 billion, a price-to-earnings ratio of 136.50 and a beta of 1.61. The business’s fifty day moving average is $100.69 and its two-hundred day moving average is $99.97. VSE has a twelve month low of $72.65 and a twelve month high of $123.92. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15.

VSE (NASDAQ:VSEC) last issued its earnings results on Wednesday, February 26th. The construction company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.17. The business had revenue of $299.02 million for the quarter, compared to analyst estimates of $289.97 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. As a group, research analysts forecast that VSE will post 2.96 earnings per share for the current year.

Institutional Investors Weigh In On VSE

Hedge funds have recently modified their holdings of the stock. US Bancorp DE increased its position in shares of VSE by 1,180.2% in the third quarter. US Bancorp DE now owns 2,586 shares of the construction company’s stock worth $214,000 after acquiring an additional 2,384 shares in the last quarter. Wisconsin Capital Management LLC lifted its position in shares of VSE by 14.9% in the third quarter. Wisconsin Capital Management LLC now owns 58,172 shares of the construction company’s stock worth $4,813,000 after purchasing an additional 7,522 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of VSE by 5.9% during the third quarter. Principal Financial Group Inc. now owns 22,067 shares of the construction company’s stock worth $1,826,000 after acquiring an additional 1,236 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in VSE by 30.5% in the 3rd quarter. Victory Capital Management Inc. now owns 15,401 shares of the construction company’s stock worth $1,274,000 after purchasing an additional 3,601 shares during the last quarter. Finally, Jennison Associates LLC boosted its position in shares of VSE by 3.8% in the third quarter. Jennison Associates LLC now owns 823,749 shares of the construction company’s stock valued at $68,149,000 after acquiring an additional 29,811 shares during the period. 91.54% of the stock is owned by hedge funds and other 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.