VSE Co. (NASDAQ:VSEC) Receives Average Rating of “Moderate Buy” from Analysts

Shares of VSE Co. (NASDAQ:VSECGet Rating) have been assigned a consensus rating of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $51.75.

Several research firms have recently issued reports on VSEC. TheStreet upgraded VSE from a “c+” rating to a “b” rating in a report on Friday, October 21st. StockNews.com began coverage on VSE in a report on Wednesday, October 12th. They set a “hold” rating on the stock. Canaccord Genuity Group raised their price objective on VSE from $50.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, October 20th. Finally, Canaccord Genuity Group raised their price objective on VSE from $50.00 to $52.00 in a report on Thursday, October 20th.

VSE Price Performance

VSEC stock opened at $49.19 on Friday. VSE has a 52-week low of $31.85 and a 52-week high of $64.29. The stock’s fifty day simple moving average is $42.81 and its 200-day simple moving average is $40.08. The company has a quick ratio of 0.91, a current ratio of 2.85 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $629.63 million, a price-to-earnings ratio of 21.48 and a beta of 1.48.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VSEC. BNP Paribas Arbitrage SNC lifted its stake in shares of VSE by 33.5% during the third quarter. BNP Paribas Arbitrage SNC now owns 3,332 shares of the construction company’s stock worth $118,000 after purchasing an additional 836 shares in the last quarter. Two Sigma Advisers LP grew its holdings in shares of VSE by 4.9% during the third quarter. Two Sigma Advisers LP now owns 10,700 shares of the construction company’s stock valued at $379,000 after purchasing an additional 500 shares during the last quarter. First Trust Advisors LP acquired a new position in shares of VSE during the third quarter worth approximately $977,000. First Wilshire Securities Management Inc. boosted its position in shares of VSE by 0.5% during the third quarter. First Wilshire Securities Management Inc. now owns 70,996 shares of the construction company’s stock worth $2,513,000 after buying an additional 328 shares during the period. Finally, Royal Bank of Canada boosted its position in shares of VSE by 11.0% during the third quarter. Royal Bank of Canada now owns 4,729 shares of the construction company’s stock worth $167,000 after buying an additional 469 shares during the period. Institutional investors and hedge funds own 81.38% of the company’s stock.

About VSE

(Get Rating)

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through three segments: Aviation, Fleet, and Federal and Defense. The Aviation segment provides international parts supply and distribution, supply chain solutions, and component and engine accessory maintenance, repair, and overhaul (MRO) services.

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