VSE Corp (NASDAQ: VSEC). Significant positive changes in fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.
Recent meaningful positive changes in investment behavior have benefitted VSE Corp (NASDAQ: VSEC): the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
VSEC is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
VSE has a current Value Trend Rating of B (Positive). 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 37 but a very high Power Rating of 91, and the Positive Value Trend Rating results.
Recent Price Action
On 11/14/23, VSE Corp (NASDAQ: VSEC) stock enjoyed a large increase of 4.6%, closing at $61.60. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.2% during the last week.
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