William Blair Equities Analysts Lower Earnings Estimates for VSE Co. (NASDAQ:VSEC)

VSE Co. (NASDAQ:VSEC) – Investment analysts at William Blair cut their Q3 2024 earnings per share estimates for shares of VSE in a report issued on Tuesday, April 16th. William Blair analyst L. Dipalma now forecasts that the construction company will post earnings of $1.01 per share for the quarter, down from their prior estimate of $1.07. The consensus estimate for VSE’s current full-year earnings is $3.61 per share. William Blair also issued estimates for VSE’s Q4 2024 earnings at $1.04 EPS.

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

VSE Price Performance

Shares of NASDAQ:VSEC opened at $75.10 on Friday. The business’s 50 day simple moving average is $75.44 and its 200-day simple moving average is $64.99. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 31.29 and a beta of 1.67. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.70 and a quick ratio of 0.95. VSE has a 12 month low of $41.17 and a 12 month high of $83.00.

VSE Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Wednesday, May 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.53%. VSE’s dividend payout ratio is currently 16.67%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VSEC. Bfsg LLC acquired a new position in VSE in the 4th quarter valued at $41,000. Captrust Financial Advisors raised its holdings in VSE by 789.2% in the 2nd quarter. Captrust Financial Advisors now owns 658 shares of the construction company’s stock valued at $25,000 after acquiring an additional 584 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in VSE by 333.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 794 shares of the construction company’s stock valued at $40,000 after acquiring an additional 611 shares during the last quarter. AJOVista LLC acquired a new position in VSE in the 4th quarter valued at $75,000. Finally, Amalgamated Bank raised its holdings in VSE by 18.4% in the 3rd quarter. Amalgamated Bank now owns 1,237 shares of the construction company’s stock valued at $62,000 after acquiring an additional 192 shares during the last quarter. 91.54% of the stock is currently 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.