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

BidaskClub downgraded shares of VSE (NASDAQ:VSEC) from a hold rating to a sell rating in a report published on Saturday, January 6th.

Separately, ValuEngine cut shares of VSE from a strong-buy rating to a buy rating in a research report on Tuesday, November 14th.

Shares of VSE (NASDAQ VSEC) traded down $0.22 on Friday, hitting $49.34. 14,000 shares of the stock were exchanged, compared to its average volume of 16,670. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.91 and a quick ratio of 0.80. The firm has a market cap of $537.13, a price-to-earnings ratio of 18.55 and a beta of 1.73. VSE has a fifty-two week low of $34.98 and a fifty-two week high of $59.90.

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

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 14th. Investors of record on Wednesday, January 31st will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend is Tuesday, January 30th. VSE’s dividend payout ratio (DPR) is 10.53%.

Hedge funds have recently modified their holdings of the stock. Eaton Vance Management acquired a new position in VSE during the second quarter worth approximately $540,000. EAM Investors LLC purchased a new stake in VSE during the third quarter worth approximately $2,060,000. Finally, Nationwide Fund Advisors boosted its stake 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 valued at $1,506,000 after purchasing an additional 4,800 shares during the period. 67.23% of the stock is owned by hedge funds and other institutional investors.

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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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