Important positive changes in VSE Corp (NASDAQ: VSEC) investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend.
Significant positive changes in VSE Corp (NASDAQ: VSEC) 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.
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
Reflecting future returns on capital that are 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 B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. VSE has a slightly negative Appreciation Score of 39 but a very high Power Rating of 94, leading to the Positive Value Trend Rating.
Recent Price Action
VSE Corp (NASDAQ: VSEC) stock closed at $61.89 on 12/4/23 after a modest gain of 0.7%. However, below average trading volume at 77% of normal accompanied the advance. The stock has declined -1.4% during the last week but has been exceptionally strong relative to the market over the last nine months.
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