Alert: Major Price Advance (10/16/24)-VSE Corp (NASDAQ: VSEC).

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On 10/16/24, VSE Corp (NASDAQ: VSEC) stock enjoyed a major increase of 17.6%, closing at $105.80. Moreover, this advance was accompanied by exceptionally high trading volume at 921% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 22.9% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, VSEC is expected to continue to be a Value Builder.

VSE has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. VSE has a slightly negative Appreciation Score of 39 but a very high Power Rating of 86, triggering the High Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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