VSE Corporation (NASDAQ:VSEC – Get Free Report) 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 traded.
Analyst Upgrades and Downgrades
VSEC has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft began coverage on VSE in a report on Friday, October 17th. They issued a “buy” rating and a $195.00 target price for the company. B. Riley boosted their price target on shares of VSE from $185.00 to $198.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Royal Bank Of Canada upped their price objective on shares of VSE from $150.00 to $180.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Stifel Nicolaus assumed coverage on shares of VSE in a research report on Tuesday, September 16th. They set a “buy” rating and a $199.00 price objective for the company. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of VSE in a report on Tuesday, October 14th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $183.67.
Check Out Our Latest Analysis on VSEC
VSE Trading Up 1.8%
VSE (NASDAQ:VSEC – Get Free Report) last issued its quarterly earnings data on Monday, October 27th. The construction company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.15. VSE had a net margin of 1.23% and a return on equity of 7.64%. The firm had revenue of $282.91 million for the quarter, compared to analyst estimates of $276.48 million. The firm’s revenue for the quarter was up 38.9% on a year-over-year basis. VSE has set its FY 2025 guidance at EPS. Analysts expect that VSE Corporation will post 2.96 EPS for the current fiscal year.
Hedge Funds Weigh In On VSE
Large investors have recently made changes to their positions in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of VSE during the 2nd quarter worth approximately $28,000. Amalgamated Bank raised its position in VSE by 36.5% in the first quarter. Amalgamated Bank now owns 610 shares of the construction company’s stock valued at $73,000 after purchasing an additional 163 shares during the period. KBC Group NV acquired a new position in VSE during the first quarter worth $99,000. Cetera Investment Advisers purchased a new position in shares of VSE during the first quarter worth $202,000. Finally, AQR Capital Management LLC purchased a new position in shares of VSE during the first quarter worth $247,000. 91.54% of the stock is currently owned by institutional investors and hedge funds.
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.
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