VSE (VSEC) Projected to Post Quarterly Earnings on Thursday

VSE (NASDAQ:VSEC) will likely be announcing its earnings results after the market closes on Thursday, March 6th. Analysts expect the company to announce earnings of $0.73 per share and revenue of $289.72 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

VSE (NASDAQ:VSEC) last issued its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.17. The business had revenue of $299.02 million during the quarter, compared to analysts’ expectations of $289.97 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. On average, analysts expect VSE to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

VSE Stock Down 4.3 %

VSE stock opened at $113.42 on Tuesday. The business’s 50-day moving average price is $100.39 and its 200 day moving average price is $99.80. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. The firm has a market cap of $2.32 billion, a price-to-earnings ratio of 136.65 and a beta of 1.61. VSE has a 52 week low of $72.65 and a 52 week high of $123.92.

VSE Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 6th. Stockholders of record on Thursday, January 23rd were paid a dividend of $0.10 per share. The ex-dividend date was Thursday, January 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.35%. VSE’s payout ratio is 48.19%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Truist Financial decreased their target price on shares of VSE from $133.00 to $129.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Royal Bank of Canada upped their price objective on shares of VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. StockNews.com raised shares of VSE to a “sell” rating in a research note on Wednesday, February 12th. Finally, B. Riley lifted their price target on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $117.83.

About VSE

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.