VSE CorpVSEC Market cap $1.59B
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
104% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 28
67% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 18
39% more capital invested
Capital invested by funds: $1.07B [Q1] → $1.49B (+$421M) [Q2]
20% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 6 (+1) [Q2]
10% more funds holding
Funds holding: 125 [Q1] → 137 (+12) [Q2]
8.54% more ownership
Funds ownership: 84.54% [Q1] → 93.08% (+8.54%) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Jefferies Lavina Quadros 0 / 0 met price target | 16%upside $100 | Buy Initiated | 14 Aug 2024 |
Benchmark Josh Sullivan 74% 1-year accuracy 29 / 39 met price target | 16%upside $100 | Buy Reiterated | 2 Aug 2024 |
RBC Capital Ken Herbert 80% 1-year accuracy 35 / 44 met price target | 16%upside $100 | Outperform Reiterated | 1 Aug 2024 |
Truist Securities Michael Ciarmoli 66% 1-year accuracy 31 / 47 met price target | 13%upside $97 | Buy Maintained | 17 Jul 2024 |