Q1 2024 EPS Estimates for VSE Co. Increased by William Blair (NASDAQ:VSEC)

VSE Co. (NASDAQ:VSEC) – Analysts at William Blair increased their Q1 2024 EPS estimates for shares of VSE in a research note issued on Tuesday, April 16th. William Blair analyst L. Dipalma now expects that the construction company will earn $0.80 per share for the quarter, up from their prior estimate of $0.69. The consensus estimate for VSE’s current full-year earnings is $3.61 per share. William Blair also issued estimates for VSE’s Q2 2024 earnings at $0.85 EPS, FY2024 earnings at $3.70 EPS, FY2025 earnings at $4.59 EPS and FY2026 earnings at $4.69 EPS.

A number of other brokerages have also recently issued reports on VSEC. Truist Financial increased their target price on shares of VSE from $77.00 to $86.00 and gave the stock a “buy” rating in a research report on Wednesday, January 10th. StockNews.com cut shares of VSE from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. Finally, Benchmark reiterated a “buy” rating and set a $85.00 target price on shares of VSE in a research report on Tuesday. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $78.25.

VSE Trading Up 0.8 %

Shares of VSE stock opened at $75.68 on Thursday. The stock has a market capitalization of $1.19 billion, a P/E ratio of 31.53 and a beta of 1.67. The company has a quick ratio of 0.95, a current ratio of 2.70 and a debt-to-equity ratio of 0.66. The company has a 50-day simple moving average of $75.62 and a 200 day simple moving average of $65.17. VSE has a 12-month low of $41.17 and a 12-month high of $83.00.

VSE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Thursday, May 2nd will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.53%. The ex-dividend date is Wednesday, May 1st. VSE’s dividend payout ratio (DPR) is presently 16.67%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. FMR LLC boosted its stake in VSE by 18.1% during the 3rd quarter. FMR LLC now owns 2,283,203 shares of the construction company’s stock worth $115,165,000 after acquiring an additional 350,313 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in VSE by 1.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 784,606 shares of the construction company’s stock worth $50,694,000 after acquiring an additional 14,789 shares during the last quarter. BlackRock Inc. boosted its stake in VSE by 1.7% during the 2nd quarter. BlackRock Inc. now owns 753,117 shares of the construction company’s stock worth $41,188,000 after acquiring an additional 12,654 shares during the last quarter. Vanguard Group Inc. boosted its stake in VSE by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 712,274 shares of the construction company’s stock worth $46,020,000 after acquiring an additional 17,052 shares during the last quarter. Finally, Jennison Associates LLC boosted its stake in VSE by 12.7% during the 4th quarter. Jennison Associates LLC now owns 495,902 shares of the construction company’s stock worth $32,040,000 after acquiring an additional 55,714 shares during the last quarter. 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.