VSE (NASDAQ:VSEC) Stock Rating Reaffirmed by Benchmark

VSE (NASDAQ:VSEC)‘s stock had its “buy” rating reaffirmed by research analysts at Benchmark in a report released on Tuesday, Benzinga reports. They presently have a $85.00 price target on the construction company’s stock. Benchmark’s target price would indicate a potential upside of 10.86% from the company’s previous close.

Several other research firms have also issued reports on VSEC. Truist Financial lifted their price target on shares of VSE from $77.00 to $86.00 and gave the stock a “buy” rating in a report on Wednesday, January 10th. StockNews.com downgraded VSE from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. 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 MarketBeat, VSE presently has a consensus rating of “Moderate Buy” and an average price target of $78.25.

VSE Stock Down 1.1 %

Shares of VSE stock opened at $76.67 on Tuesday. 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 market cap of $1.21 billion, a P/E ratio of 31.95 and a beta of 1.67. The firm’s 50 day moving average price is $75.29 and its 200-day moving average price is $64.92. VSE has a 52-week low of $41.17 and a 52-week high of $83.00.

Hedge Funds Weigh In On VSE

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Amalgamated Bank grew its position in VSE by 18.4% during the 3rd quarter. Amalgamated Bank now owns 1,237 shares of the construction company’s stock worth $62,000 after purchasing an additional 192 shares during the period. California State Teachers Retirement System boosted its position in VSE by 1.9% in the 2nd quarter. California State Teachers Retirement System now owns 13,750 shares of the construction company’s stock worth $752,000 after purchasing an additional 250 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in VSE by 6.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 4,733 shares of the construction company’s stock worth $239,000 after purchasing an additional 286 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in VSE by 7.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,781 shares of the construction company’s stock worth $374,000 after purchasing an additional 409 shares in the last quarter. Finally, Credit Suisse AG boosted its position in VSE by 4.9% in the 1st quarter. Credit Suisse AG now owns 9,301 shares of the construction company’s stock worth $418,000 after purchasing an additional 433 shares in the last quarter. Hedge funds and other 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.