Fintel reports that on June 28, 2024, Stifel initiated coverage of VSE (NasdaqGS:VSEC) with a Buy recommendation.
Analyst Price Forecast Suggests 6.30% Upside
As of June 12, 2024, the average one-year price target for VSE is 93.84. The forecasts range from a low of 85.85 to a high of $106.05. The average price target represents an increase of 6.30% from its latest reported closing price of 88.28.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for VSE is 1,165MM, an increase of 27.54%. The projected annual non-GAAP EPS is 4.54.
What is the Fund Sentiment?
There are 325 funds or institutions reporting positions in VSE. This is an increase of 5 owner(s) or 1.56% in the last quarter. Average portfolio weight of all funds dedicated to VSEC is 0.57%, an increase of 1.17%. Total shares owned by institutions increased in the last three months by 9.35% to 18,060K shares. 
The put/call ratio of VSEC is 0.12, indicating a bullish outlook.
What are Other Shareholders Doing?
Koonce Calvin Scott holds 1,867K shares representing 10.14% ownership of the company. No change in the last quarter.
T. Rowe Price Investment Management holds 1,444K shares representing 7.84% ownership of the company. In its prior filing, the firm reported owning 1,525K shares , representing a decrease of 5.61%. The firm increased its portfolio allocation in VSEC by 10.32% over the last quarter.
FLPSX - Fidelity Low-Priced Stock Fund holds 1,137K shares representing 6.17% ownership of the company. In its prior filing, the firm reported owning 1,148K shares , representing a decrease of 1.02%. The firm increased its portfolio allocation in VSEC by 23.00% over the last quarter.
Capital Research Global Investors holds 1,020K shares representing 5.54% ownership of the company.
SMCWX - SMALLCAP WORLD FUND INC holds 954K shares representing 5.18% ownership of the company.
VSE Background Information
(This description is provided by the company.)
VSE is a leading provider of aftermarket distribution and repair services for land, sea and air transportation assets for government and commercial markets. Core services include maintenance, repair and overhaul (MRO) services, parts distribution, supply chain management and logistics, engineering support, and consulting and training services for global commercial, federal, military and defense customers. VSE also provides information technology and energy consulting services.
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This story originally appeared on Fintel.
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