VSE (NASDAQ:VSEC) Rating Lowered to Sell at BidaskClub

BidaskClub lowered 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 cut shares of VSE from a strong-buy rating to a buy rating in a research note on Tuesday, November 14th.

VSE (NASDAQ VSEC) opened at $50.77 on Friday. VSE has a one year low of $34.98 and a one year high of $59.90. The company has a quick ratio of 0.80, a current ratio of 1.91 and a debt-to-equity ratio of 0.63. The firm has a market cap of $548.19, a P/E ratio of 19.09 and a beta of 1.73.

VSE (NASDAQ:VSEC) last issued its quarterly earnings data on Thursday, October 26th. The construction company reported $0.61 earnings per share for the quarter. VSE had a net margin of 3.71% and a return on equity of 10.85%. The firm had revenue of $174.16 million for the quarter.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 14th. Shareholders of record on Wednesday, January 31st will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Tuesday, January 30th. VSE’s payout ratio is 10.53%.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. EAM Investors LLC purchased a new stake in VSE during the 3rd quarter valued at approximately $2,060,000. Nationwide Fund Advisors grew its holdings in VSE by 16.7% during the 2nd quarter. Nationwide Fund Advisors now owns 33,490 shares of the construction company’s stock valued at $1,506,000 after buying an additional 4,800 shares in the last quarter. Finally, Eaton Vance Management purchased a new stake in VSE during the 2nd quarter valued at approximately $540,000. 67.48% of the stock is owned by institutional investors and hedge funds.

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About VSE

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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