BidaskClub downgraded shares of VSE (NASDAQ:VSEC) from a hold rating to a sell rating in a research report sent to investors on Saturday, January 6th.
Separately, ValuEngine downgraded shares of VSE from a strong-buy rating to a buy rating in a report on Tuesday, November 14th.
VSE (NASDAQ:VSEC) traded down $0.02 during midday trading on Friday, hitting $49.56. 11,621 shares of the stock traded hands, compared to its average volume of 29,108. VSE has a 12-month low of $34.98 and a 12-month high of $59.90. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.80 and a current ratio of 1.91. The company has a market cap of $537.15, a price-to-earnings ratio of 18.63 and a beta of 1.74.
VSE (NASDAQ:VSEC) last posted its quarterly earnings results on Thursday, October 26th. The construction company reported $0.61 earnings per share for the quarter. The company had revenue of $174.16 million during the quarter. VSE had a net margin of 3.71% and a return on equity of 10.85%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Eaton Vance Management purchased a new stake in VSE during the second quarter valued at about $540,000. Nationwide Fund Advisors lifted its holdings in shares of VSE by 16.7% in the second quarter. Nationwide Fund Advisors now owns 33,490 shares of the construction company’s stock worth $1,506,000 after buying an additional 4,800 shares in the last quarter. Finally, EAM Investors LLC purchased a new stake in shares of VSE in the third quarter worth about $2,060,000. 67.23% of the stock is currently owned by institutional investors and hedge funds.
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VSE Corporation is a services and supply chain management company. The Company’s segments include Supply Chain Management Group, Aviation Group, Federal Services Group, and IT, Energy and Management Consulting Group. The Company provides logistics and distribution services for legacy systems and equipment and professional and technical services to the United States Government, including the United States Department of Defense (DoD), the United States Postal Service (USPS), federal civilian agencies, and commercial and other customers.
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