VSE (NASDAQ:VSEC) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Shares of VSE Corporation (NASDAQ:VSEC) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $143.73 and traded as high as $184.72. VSE shares last traded at $182.73, with a volume of 1,212,051 shares changing hands.

Analysts Set New Price Targets

VSEC has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of VSE in a report on Tuesday, October 14th. Royal Bank Of Canada raised their target price on VSE from $150.00 to $180.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Deutsche Bank Aktiengesellschaft started coverage on VSE in a report on Friday, October 17th. They issued a “buy” rating and a $195.00 price target for the company. Wolfe Research started coverage on VSE in a research report on Monday, September 29th. They set an “outperform” rating and a $190.00 price target on the stock. Finally, Stifel Nicolaus began coverage on VSE in a research report on Tuesday, September 16th. They issued a “buy” rating and a $199.00 price objective for the company. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, VSE presently has a consensus rating of “Moderate Buy” and a consensus target price of $183.67.

VSE Trading Up 1.8%

The company has a fifty day moving average of $165.37 and a 200-day moving average of $143.73. The company has a current ratio of 3.73, a quick ratio of 1.44 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $3.78 billion, a price-to-earnings ratio of 268.72, a PEG ratio of 2.64 and a beta of 1.40.

VSE (NASDAQ:VSEC) last released its earnings results on Monday, October 27th. The construction company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.15. The business had revenue of $282.91 million for the quarter, compared to the consensus estimate of $276.48 million. VSE had a return on equity of 7.64% and a net margin of 1.23%.The company’s revenue for the quarter was up 38.9% on a year-over-year basis. VSE has set its FY 2025 guidance at EPS. As a group, equities research analysts anticipate that VSE Corporation will post 2.96 earnings per share for the current fiscal year.

Institutional Investors Weigh In On VSE

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of VSE during the second quarter worth $28,000. Amalgamated Bank boosted its position in VSE by 36.5% during the first quarter. Amalgamated Bank now owns 610 shares of the construction company’s stock worth $73,000 after acquiring an additional 163 shares during the last quarter. KBC Group NV acquired a new position in VSE during the first quarter worth about $99,000. Cetera Investment Advisers purchased a new stake in VSE during the 1st quarter valued at about $202,000. Finally, Farther Finance Advisors LLC raised its holdings in VSE by 946.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,884 shares of the construction company’s stock valued at $313,000 after acquiring an additional 1,704 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company’s stock.

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.