VSE (VSEC) Sets New 52-Week Low at $40.01

VSE Co. (NASDAQ:VSEC) reached a new 52-week low on Friday . The stock traded as low as $40.01 and last traded at $39.92, with a volume of 155 shares traded. The stock had previously closed at $40.51.

Several equities research analysts have recently weighed in on the company. BidaskClub raised VSE from a “hold” rating to a “buy” rating in a research note on Friday, April 20th. ValuEngine lowered VSE from a “buy” rating to a “hold” rating in a research note on Friday, May 4th.

The company has a market capitalization of $440.68 million, a price-to-earnings ratio of 15.11 and a beta of 1.62. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.70 and a quick ratio of 1.06.

VSE (NASDAQ:VSEC) last released its earnings results on Thursday, July 26th. The construction company reported $0.80 earnings per share (EPS) for the quarter. The company had revenue of $170.39 million during the quarter. VSE had a return on equity of 9.86% and a net margin of 5.56%.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 21st. Stockholders of record on Wednesday, November 7th will be issued a $0.08 dividend. The ex-dividend date is Tuesday, November 6th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.80%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. FMR LLC lifted its holdings in shares of VSE by 0.3% in the second quarter. FMR LLC now owns 1,632,165 shares of the construction company’s stock valued at $77,985,000 after purchasing an additional 4,760 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of VSE by 5.5% in the second quarter. BlackRock Inc. now owns 608,087 shares of the construction company’s stock valued at $29,054,000 after purchasing an additional 31,573 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of VSE by 6.2% in the second quarter. Dimensional Fund Advisors LP now owns 575,794 shares of the construction company’s stock valued at $27,512,000 after purchasing an additional 33,476 shares in the last quarter. Kendall Capital Management lifted its holdings in shares of VSE by 16.0% in the second quarter. Kendall Capital Management now owns 170,455 shares of the construction company’s stock valued at $8,144,000 after purchasing an additional 23,466 shares in the last quarter. Finally, Hendershot Investments Inc. lifted its holdings in shares of VSE by 3.6% in the second quarter. Hendershot Investments Inc. now owns 72,119 shares of the construction company’s stock valued at $3,446,000 after purchasing an additional 2,488 shares in the last quarter. Institutional investors own 71.73% of the company’s stock.

About VSE

VSE Corporation operates as a diversified services and supply company in the United States. The company operates through three segments: Supply Chain Management Group, Aviation Group, and Federal Services Group. The Supply Chain Management Group segment offers sourcing, acquisition, scheduling, transportation, shipping, logistics, data management, and other services to assist its clients with supply chain management.

Further Reading: Average Daily Trade Volume Explained

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