VSE Corp
VSEC
Market cap $2.11B

114.32 USD

-1.02

0.88%

At close Nov 18, 4:00 PM EST

After hours

114.32

+0.00

0.00%

1 day

-0.88%

5 days

-5.43%

1 month

9.84%

3 months

27.97%

6 months

44.58%

Year to date

80.46%

1 year

82.24%

5 years

197.48%

10 years

302.54%

About: VSE Corp is a diversified aftermarket products and services company providing repair services, parts distribution, logistics, supply chain management and consulting services for land, sea and air transportation assets to commercial and government markets. Its operations include supply chain management solutions, parts supply and distribution, and maintenance, repair and overhaul (MRO) services for vehicle fleet, aviation, maritime and other customers. Its reportable segments are; Aviation and Fleet. Majority of the revenue for the company is generated from the Aviation segment which is a provider of aftermarket parts distribution and MRO services for components and engine accessories supporting commercial, business and general aviation operators.

Employees: 1,200

Industrials Engineering Services

0

Funds holding %

of 6,704 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 9

64% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 36

7% more funds holding

Funds holding: 137 [Q2] → 146 (+9) [Q3]

0.89% more ownership

Funds ownership: 94.82% [Q2] → 95.71% (+0.89%) [Q3]

3% less capital invested

Capital invested by funds: $1.52B [Q2] → $1.46B (-$52.9M) [Q3]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]

81% less call options, than puts

Call options by funds: $704K | Put options by funds: $3.73M

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$110

4%

downside

Avg. target

$123

7%

upside

High target

$133

16%

upside

6 analyst ratings

6 positive

100%

0 neutral

0%

0 negative

0%

B. Riley Securities Jeff Van Sinderen 64% 1-year accuracy 14 / 22 met price target	15%upside $132	Buy Maintained	7 Nov 2024
RBC Capital Ken Herbert 77% 1-year accuracy 54 / 70 met price target	9%upside $125	Outperform Maintained	7 Nov 2024
Truist Securities Michael Ciarmoli 82% 1-year accuracy 51 / 62 met price target	16%upside $133	Buy Maintained	7 Nov 2024
RBC Capital Ken Herbert 77% 1-year accuracy 54 / 70 met price target	5%upside $120	Outperform Maintained	22 Oct 2024
Jefferies Lavina Quadros 100% 1-year accuracy 2 / 2 met price target	4%downside $110	Buy Maintained	17 Oct 2024

See Analyst Rankings

Financial journalist opinion

VSE Corporation (VSEC) Q3 2024 Earnings Call Transcript

VSE Corporation (NASDAQ:VSEC ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Michael Perlman - Vice President, Investor Relations & Treasury John Cuomo - President & Chief Executive Officer Adam Cohn - Chief Financial Officer Conference Call Participants Sheila Kahyaoglu - Jefferies Ken Herbert - RBC Capital Markets Michael Ciarmoli - Truist Jeff Van Sinderen - B. Riley Securities Noah Levitz - William Blair Josh Sullivan - Benchmark Operator Good day and welcome to the VSE Corporation Third Quarter 2024 Results Conference Call.

VSE Corporation (VSEC) Q3 2024 Earnings Call Transcript

VSE Corporation Announces Third Quarter 2024 Results

ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC, "VSE", or the "Company"), a leading provider of aftermarket distribution and repair services, announced today results for the third quarter 2024. THIRD QUARTER 2024 RESULTS(1) (As compared to the Third Quarter 2023) Total Revenues of $273.6 million increased 18.3% GAAP Net Income of $11.7 million decreased 3.8% GAAP EPS (Diluted) of $0.63 decreased 21.3% Adjusted EBITDA(2) of $33.2 million increased 2.6% Adjusted Net Income(2) of.

VSE Corporation Announces Third Quarter 2024 Results

Zacks Investment Research

How VSE's Acquisition of Kellstrom Will Boost Its Aviation Business?

The latest deal is set to expand VSEC's footprint in the commercial aerospace aftermarket.

How VSE's Acquisition of Kellstrom Will Boost Its Aviation Business?

VSE Corporation Prices Public Offering of Common Stock

ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced today that it has priced its previously announced underwritten public offering. The Company is offering 1,724,137 shares of its common stock at a price to the public of $87.00 per share. VSE has also granted the underwriters a 30-day option to purchase up to an additional 258,620 shares of common stock. The offering is expected.

VSE Corporation Prices Public Offering of Common Stock

VSE Corporation Announces Public Offering of Common Stock

ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced today that it has commenced an underwritten public offering, subject to market and other conditions, of shares of its common stock pursuant to an effective shelf registration statement. In addition, VSE intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in.

VSE Corporation Announces Public Offering of Common Stock

VSE Corporation Announces Acquisition of Kellstrom Aerospace

ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced today that the Company has signed a definitive agreement to acquire Kellstrom Aerospace Group, Inc. (“Kellstrom”), a portfolio company of AE Industrial Partners, LP and a diversified global distributor and service provider supporting the commercial aerospace engine aftermarket. The transaction is subject to customary closing con.

VSE Corporation Announces Acquisition of Kellstrom Aerospace

VSE Corporation: Capitalizing On Aviation Demand And Robust Aftermarket Growth (Rating Upgrade)

VSEC reported strong 2Q24 results, with total revenue up 29.6% year-over-year, driven mainly by the robust aviation segment. Despite a decline in the fleet segment, the aviation segment saw a 54.6% revenue increase, driven by strong program execution, acquisitions, and expanded MRO capabilities. The global airline industry shows strong recovery, boosting demand for aviation parts and services. VSEC is well-positioned to capitalise on this trend.

VSE Corporation: Capitalizing On Aviation Demand And Robust Aftermarket Growth (Rating Upgrade)

VSE Corporation Announces September 2024 Investor Conference Schedule

ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced today that VSE Corporation's senior management will participate in the following upcoming conferences. Jefferies 2024 Industrials Conference will be held in New York, NY, on September 4th. John Cuomo, President and CEO of VSE Corporation, Adam Cohn, Chief Financial Officer of VSE Corporation, and Michael Perlman, VP of Investor.

VSE Corporation Announces September 2024 Investor Conference Schedule

VSE Corporation Announces Appointment of New Chief Financial Officer and New Chief Growth Officer

ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced the appointment of Adam Cohn as Chief Financial Officer (“CFO”) and Garry Snow as Chief Growth Officer for VSE Corporation. Adam Cohn, a seasoned executive finance leader with over 15 years of aerospace and finance-related experience, will join VSE as CFO on September 3, 2024. He will assume responsibility for VSE's financial st.

VSE Corporation Announces Appointment of New Chief Financial Officer and New Chief Growth Officer

VSE Corporation Announces August 2024 Investor Conference Schedule

ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced today that VSE Corporation's senior management will participate in the following upcoming conference. Seaport Research Partners Annual Summer Investor Conference on August 20th. John Cuomo, President and CEO, and Michael Perlman, VP of Investor Relations and Treasury, are scheduled to participate in one-on-one investor meetings.

VSE Corporation Announces August 2024 Investor Conference Schedule

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