VSE (VSEC) Expected to Announce Quarterly Earnings on Wednesday

VSE (NASDAQ:VSEC) is expected to announce its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.73 per share and revenue of $289.97 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

VSE Price Performance

Shares of VSEC opened at $98.03 on Tuesday. VSE has a twelve month low of $70.61 and a twelve month high of $123.92. 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 50 day moving average of $99.89 and a 200 day moving average of $99.12. The company has a market capitalization of $2.00 billion, a P/E ratio of 18.15 and a beta of 1.61.

VSE Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Investors of record on Thursday, January 23rd were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.41%. The ex-dividend date was Thursday, January 23rd. VSE’s dividend payout ratio is currently 7.41%.

Analyst Ratings Changes

VSEC has been the topic of several research reports. B. Riley raised their target price on shares of VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. StockNews.com upgraded shares of VSE to a “sell” rating in a report on Wednesday, February 12th. Truist Financial dropped their target price on shares of VSE from $133.00 to $129.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Finally, Royal Bank of Canada raised their target price on shares of VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target 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.