VSE Corp (NASDAQ: VSEC) has reported earnings for its first fiscal quarter (ending March 31) of $0.77 versus $0.63 for the same period a year ago — an increase of 22%. However, this performance was $-0.21 short of the consensus estimate of $0.98. For the latest four quarters through March 31, E.P.S. were $3.17 versus $2.23 for the same period a year ago — an increase of 42%.
Recent Price Action
On 5/8/24, VSE Corp (NASDAQ: VSEC) stock rose modestly by 0.5%, closing at $85.21. Moreover, this advance was accompanied by unusually high trading volume at 182% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 9.1% during the last week.
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 B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. VSE has a slightly negative Appreciation Score of 38 but a very high Power Rating of 92, and the Positive Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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