Alert: Rating Downgrade (9/13/24)-VSE Corp (NASDAQ: VSEC).

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Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for VSE Corp (NASDAQ: VSEC) weakened in recent days. VSEC’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.

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Recent Price Action

On 9/13/24, VSE Corp (NASDAQ: VSEC) stock enjoyed a large increase of 2.9%, closing at $87.91. However, trading volume in this advance was exceptionally low at 39% of normal. The stock is unchanged during the last week and has been exceptionally strong relative to the market over the last nine months.

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). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. VSE has a slightly negative Appreciation Score of 38 but a good Power Rating of 84, resulting in the High Neutral Value Trend Rating.

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