VSE (VSEC) Set to Announce Quarterly Earnings on Wednesday

VSE (NASDAQ:VSEC) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.75 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

VSE Trading Up 1.3 %

VSEC opened at $78.07 on Wednesday. VSE has a twelve month low of $42.29 and a twelve month high of $83.00. The company has a 50-day simple moving average of $76.73 and a 200 day simple moving average of $66.49. 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 stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of 32.53 and a beta of 1.67.

VSE Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Thursday, May 2nd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.51%. VSE’s dividend payout ratio (DPR) is currently 16.67%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Benchmark reissued a “buy” rating and set a $85.00 target price on shares of VSE in a research report on Tuesday, April 16th. Truist Financial lifted their target price on VSE from $77.00 to $86.00 and gave the company a “buy” rating in a report on Wednesday, January 10th. Finally, StockNews.com lowered VSE from a “hold” rating to a “sell” rating in a report on Friday, January 26th. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to data from MarketBeat, VSE has an average rating of “Moderate Buy” and a consensus price target of $78.25.

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.