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Industrials - Aerospace & Defense - NASDAQ - US
$ 115.34
-1.79 %
$ 2.35 B
Market Cap
56.54
P/E
1. INTRINSIC VALUE

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through three segments: Aviation, Fleet, and Federal and Defense. The Aviation segment provides international parts supply and distribution, supply chain solutions, and component and engine accessory maintenance, repair, and overhaul (MRO) services. This segment serves commercial airlines, regional airlines, cargo transporters, MRO integrators and providers, aviation manufacturers, corporate and private aircraft owners, and fixed-base operators. The Fleet segment offers parts supply, inventory management, e-commerce fulfillment, logistics, and other services to assist aftermarket commercial and federal customers with their supply chain management. This segment also provides sale of vehicle parts and supply chain services to support client truck fleets, as well as sustainment solutions and managed inventory services to government and commercial truck fleets.[ Read More ]

The intrinsic value of one VSEC stock under the base case scenario is HIDDEN Compared to the current market price of 115 USD, VSE Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart VSEC

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FINANCIALS
860 M REVENUE
-9.40%
88 M OPERATING INCOME
59.61%
39.1 M NET INCOME
39.47%
-21.8 M OPERATING CASH FLOW
-271.13%
-236 M INVESTING CASH FLOW
-9815.44%
265 M FINANCING CASH FLOW
4737.22%
274 M REVENUE
2.88%
23.7 M OPERATING INCOME
21.60%
-7.06 M NET INCOME
-154.27%
10.2 M OPERATING CASH FLOW
158.06%
-5.71 M INVESTING CASH FLOW
95.05%
-15.6 M FINANCING CASH FLOW
-11.02%
Balance Sheet Decomposition VSE Corporation
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Current Assets 774 M
Cash & Short-Term Investments 7.77 M
Receivables 136 M
Other Current Assets 630 M
Non-Current Assets 576 M
Long-Term Investments 2.84 M
PP&E 86.8 M
Other Non-Current Assets 487 M
Current Liabilities 287 M
Accounts Payable 173 M
Short-Term Debt 27.5 M
Other Current Liabilities 86.4 M
Non-Current Liabilities 447 M
Long-Term Debt 432 M
Other Non-Current Liabilities 14.9 M
EFFICIENCY
Earnings Waterfall VSE Corporation
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Revenue 860 M
Cost Of Revenue 765 M
Gross Profit 95.6 M
Operating Expenses 7.62 M
Operating Income 88 M
Other Expenses 48.9 M
Net Income 39.1 M
RATIOS
11.11% GROSS MARGIN
11.11%
10.23% OPERATING MARGIN
10.23%
4.55% NET MARGIN
4.55%
6.35% ROE
6.35%
2.90% ROA
2.90%
6.38% ROIC
6.38%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis VSE Corporation
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Net Income 39.1 M
Depreciation & Amortization 23.4 M
Capital Expenditures -18.7 M
Stock-Based Compensation 7.74 M
Change in Working Capital -92.4 M
Others -5.75 M
Free Cash Flow -40.5 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets VSE Corporation
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Wall Street analysts predict an average 1-year price target for VSEC of $109 , with forecasts ranging from a low of $92 to a high of $120 .
VSEC Lowest Price Target Wall Street Target
92 USD -20.24%
VSEC Average Price Target Wall Street Target
109 USD -5.28%
VSEC Highest Price Target Wall Street Target
120 USD 4.04%
4. DIVIDEND ANALYSIS
0.12% DIVIDEND YIELD
0.1 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership VSE Corporation
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Sold
0-3 MONTHS
3.47 M USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Aug 29, 2024
Sell 18 K USD
KOONCE CALVIN SCOTT
10 percent owner
- 200
89.9 USD
2 months ago
Aug 29, 2024
Sell 290 K USD
KOONCE CALVIN SCOTT
10 percent owner
- 3200
90.52 USD
2 months ago
Aug 29, 2024
Sell 323 K USD
KOONCE CALVIN SCOTT
10 percent owner
- 3530
91.63 USD
2 months ago
Aug 29, 2024
Sell 774 K USD
KOONCE CALVIN SCOTT
10 percent owner
- 8370
92.47 USD
2 months ago
Aug 27, 2024
Sell 332 K USD
KOONCE CALVIN SCOTT
10 percent owner
- 3700
89.64 USD
2 months ago
Aug 27, 2024
Sell 504 K USD
KOONCE CALVIN SCOTT
10 percent owner
- 5600
90.08 USD
2 months ago
Aug 28, 2024
Sell 1.19 M USD
KOONCE CALVIN SCOTT
10 percent owner
- 13300
89.44 USD
2 months ago
Aug 28, 2024
Sell 36 K USD
KOONCE CALVIN SCOTT
10 percent owner
- 400
90.11 USD
1 year ago
Dec 06, 2022
Sell 111 K USD
FERGUSON III MARK E
Director
- 2265.2044
49.12 USD
3 years ago
Nov 18, 2021
Bought 188 USD
FERGUSON III MARK E
Director
+ 3
62.82 USD
3 years ago
Jul 29, 2021
Bought 208 USD
FERGUSON III MARK E
Director
+ 4
51.92 USD
3 years ago
May 24, 2021
Bought 18.4 K USD
FERGUSON III MARK E
Director
+ 400
46.06 USD
4 years ago
Aug 13, 2020
Bought 8.97 K USD
FERGUSON III MARK E
Director
+ 300
29.89 USD
4 years ago
May 27, 2020
Bought 6.34 K USD
FERGUSON III MARK E
Director
+ 250
25.38 USD
4 years ago
Mar 27, 2020
Bought 24.5 K USD
FERGUSON III MARK E
Director
+ 1239
19.78 USD
4 years ago
Mar 18, 2020
Bought 51.4 K USD
CUOMO JOHN A
CEO and President
+ 3500
14.7 USD
4 years ago
Mar 17, 2020
Bought 21.4 K USD
KIERNAN THOMAS M
General Counsel and Secretary
+ 1100
19.5 USD
4 years ago
Mar 12, 2020
Bought 50.2 K USD
LOFTUS THOMAS R
Chief Financial Officer
+ 2400
20.93 USD
4 years ago
Mar 10, 2020
Bought 87.2 K USD
CUOMO JOHN A
CEO and President
+ 3500
24.9 USD
5 years ago
Aug 02, 2019
Bought 70.2 K USD
KOONCE CALVIN SCOTT
director, 10 percent owner:
+ 2400
29.27 USD
5 years ago
Jun 25, 2019
Bought 87 K USD
KOONCE CALVIN SCOTT
director, 10 percent owner:
+ 3300
26.37 USD
5 years ago
May 20, 2019
Bought 10.8 K USD
KIERNAN THOMAS M
General Counsel and Secretary
+ 400
27 USD
5 years ago
May 13, 2019
Bought 98.8 K USD
CUOMO JOHN A
CEO and President
+ 3600
27.45 USD
5 years ago
May 10, 2019
Bought 69 K USD
LOFTUS THOMAS R
Chief Financial Officer
+ 2500
27.6 USD
5 years ago
Dec 06, 2018
Sell 12.8 K USD
WACHTEL BONNIE K
Director
- 400
32 USD
6 years ago
Sep 04, 2018
Bought 10 K USD
KIERNAN THOMAS M
General Counsel and Secretary
+ 270
37.17 USD
7 years ago
Jun 28, 2017
Sell 45 K USD
WACHTEL BONNIE K
Director
- 1000
45 USD
7 years ago
Mar 31, 2017
Sell 40.6 K USD
WACHTEL BONNIE K
Director
- 1000
40.6 USD
7 years ago
Dec 08, 2016
Sell 21.1 K USD
WACHTEL BONNIE K
Director
- 521
40.5 USD
7 years ago
Dec 09, 2016
Sell 11.5 K USD
WACHTEL BONNIE K
Director
- 279
41.25 USD
8 years ago
Nov 09, 2016
Sell 30 K USD
WACHTEL BONNIE K
Director
- 1000
30 USD
8 years ago
Nov 10, 2016
Sell 52 K USD
WACHTEL BONNIE K
Director
- 1600
32.53 USD
8 years ago
Nov 11, 2016
Sell 29.8 K USD
WACHTEL BONNIE K
Director
- 800
37.25 USD
8 years ago
Aug 04, 2016
Bought 15.1 K USD
Goffredi Paul William
President, VSE Aviation, Inc.
+ 457
33.02 USD
9 years ago
Sep 17, 2015
Bought 10.2 K USD
KIERNAN THOMAS M
General Counsel and Secretary
+ 275
37 USD
9 years ago
Aug 03, 2015
Bought 9.54 K USD
KIERNAN THOMAS M
General Counsel and Secretary
+ 200
47.72 USD
10 years ago
Jun 27, 2014
Sell 21.4 K USD
WACHTEL BONNIE K
Director
- 329
65.04 USD
10 years ago
Jun 30, 2014
Sell 24.2 K USD
WACHTEL BONNIE K
Director
- 371
65.21 USD
11 years ago
Jun 26, 2013
Sell 123 K USD
LAFOND JAMES F
Director
- 3000
41.1 USD
11 years ago
Mar 20, 2013
Bought 62.1 K USD
KOONCE CALVIN SCOTT
director, 10 percent owner:
+ 2500
24.83 USD
11 years ago
Mar 15, 2013
Bought 48.6 K USD
KOONCE CALVIN SCOTT
director, 10 percent owner:
+ 2000
24.32 USD
11 years ago
Dec 26, 2012
Bought 94.3 K USD
KOONCE CALVIN SCOTT
director, 10 percent owner:
+ 4000
23.5874 USD
12 years ago
Aug 08, 2012
Bought 3.28 K USD
WACHTEL BONNIE K
Director
+ 146
22.5 USD
12 years ago
Aug 06, 2012
Bought 7.96 K USD
WACHTEL BONNIE K
Director
+ 354
22.5 USD
12 years ago
Jun 29, 2012
Bought 71.2 K USD
CLIFFORD M KENDALL
Director
+ 3000
23.72 USD
12 years ago
Jun 29, 2012
Bought 47.4 K USD
KOONCE CALVIN SCOTT
director, 10 percent owner:
+ 2000
23.72 USD
12 years ago
May 18, 2012
Bought 42.7 K USD
KIERNAN THOMAS M
General Counsel and Secretary
+ 2000
21.37 USD
12 years ago
May 07, 2012
Bought 35.9 K USD
KOONCE CALVIN SCOTT
director, 10 percent owner:
+ 1500
23.91 USD
12 years ago
May 03, 2012
Bought 83.4 K USD
KOONCE CALVIN SCOTT
director, 10 percent owner:
+ 3500
23.82 USD
12 years ago
May 03, 2012
Bought 97 K USD
CLIFFORD M KENDALL
Director
+ 4072
23.82 USD
13 years ago
Aug 25, 2011
Bought 11.9 K USD
WILLIAMS CRYSTAL R
Vice President
+ 500
23.84 USD
13 years ago
Sep 14, 2011
Bought 4.82 K USD
HOLLSTEIN RANDY W
Vice President
+ 200
24.08 USD
13 years ago
Sep 13, 2011
Bought 67.7 K USD
CLIFFORD M KENDALL
Director
+ 2886
23.45 USD
13 years ago
Aug 19, 2011
Bought 11.5 K USD
WACHTEL BONNIE K
Director
+ 500
23 USD
13 years ago
Aug 19, 2011
Bought 46 K USD
KOONCE CALVIN SCOTT
director, 10 percent owner:
+ 2000
23 USD
13 years ago
Aug 18, 2011
Bought 157 K USD
KOONCE CALVIN SCOTT
director, 10 percent owner:
+ 6579
23.9 USD
13 years ago
Aug 17, 2011
Bought 109 K USD
KOONCE CALVIN SCOTT
director, 10 percent owner:
+ 4621
23.61 USD
13 years ago
Aug 16, 2011
Bought 404 K USD
KOONCE CALVIN SCOTT
director, 10 percent owner:
+ 16800
24.06 USD
13 years ago
Aug 16, 2011
Bought 23.8 K USD
WACHTEL BONNIE K
Director
+ 1000
23.85 USD
13 years ago
Aug 16, 2011
Bought 404 K USD
CLIFFORD M KENDALL
Director
+ 16800
24.06 USD
13 years ago
Aug 16, 2011
Bought 51.2 K USD
GAUTHIER MAURICE A
CEO, President and COO
+ 2100
24.38 USD
13 years ago
Aug 16, 2011
Bought 47.7 K USD
LOFTUS THOMAS R
Chief Financial Officer
+ 2000
23.83 USD
13 years ago
Aug 16, 2011
Bought 21.6 K USD
LEXO JR JAMES W
Executive Vice President
+ 1000
21.6 USD
13 years ago
Aug 16, 2011
Bought 19.6 K USD
KIERNAN THOMAS M
General Counsel and Secretary
+ 800
24.51 USD
7. News
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. seekingalpha.com - 1 week ago
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. businesswire.com - 1 week ago
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. zacks.com - 1 month ago
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. businesswire.com - 1 month ago
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. businesswire.com - 1 month ago
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. businesswire.com - 1 month ago
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. seekingalpha.com - 2 months ago
VSE Corporation (VSEC) Q2 2024 Earnings Call Transcript VSE Corporation (NASDAQ:VSEC ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Michael Perlman - Vice President of Investor Relations & Treasury John Cuomo - President & Chief Executive Officer Tarang Sharma - Vice President, Controller & Head of Corporate Development Conference Call Participants Ken Herbert - RBC Capital Markets Michael Ciarmoli - Truist Securities Louie DiPalma - William Blair Jeff Van Sinderen - B. Riley Josh Sullivan - The Benchmark Company Bert Subin - Stifel Operator Good day and welcome to the VSE Corporation Second Quarter 2024 Results Conference Call. seekingalpha.com - 3 months ago
VSE Corporation Declares Quarterly Cash Dividend ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced that the Company's Board of Directors has declared a regular quarterly cash dividend of $0.10 per share of VSE common stock. The dividend is payable on November 20, 2024, to stockholders of record at the close of business on November 6, 2024. ABOUT VSE CORPORATION VSE is a leading provider of aftermarket distribution and repair. businesswire.com - 3 months ago
VSE Corporation Announces June 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. William Blair's 44th Annual Growth Stock Conference will be held in Chicago, Illinois, on Tuesday, June 4, 2024. John Cuomo, President and CEO of VSE Corporation, will present at 10:00 AM Central Time. Management will also part. businesswire.com - 5 months ago
VSE Corporation Declares Quarterly Cash Dividend ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced that the Company's Board of Directors has declared a regular quarterly cash dividend of $0.10 per share of VSE common stock. The dividend is payable on July 31, 2024 to stockholders of record at the close of business on July 17, 2024. ABOUT VSE CORPORATION VSE is a leading provider of aftermarket distribution and repair services. businesswire.com - 5 months ago
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 of 2,112,676 shares of its common stock at a price to the public of $71.00 per share. VSE has also granted the underwriters a 30-day option to purchase up to an additional 316,901 shares of common stock. The offering is expected to close on May 17, 20. businesswire.com - 6 months ago
8. Profile Summary

VSE Corporation VSEC

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COUNTRY US
INDUSTRY Aerospace & Defense
MARKET CAP $ 2.35 B
Dividend Yield 0.12%
Description VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through three segments: Aviation, Fleet, and Federal and Defense. The Aviation segment provides international parts supply and distribution, supply chain solutions, and component and engine accessory maintenance, repair, and overhaul (MRO) services. This segment serves commercial airlines, regional airlines, cargo transporters, MRO integrators and providers, aviation manufacturers, corporate and private aircraft owners, and fixed-base operators. The Fleet segment offers parts supply, inventory management, e-commerce fulfillment, logistics, and other services to assist aftermarket commercial and federal customers with their supply chain management. This segment also provides sale of vehicle parts and supply chain services to support client truck fleets, as well as sustainment solutions and managed inventory services to government and commercial truck fleets. The Federal and Defense segment offers aftermarket refurbishment and sustainment services to extend and maintain the life cycle of military vehicles, ships, and aircraft for the United States Department of Defense (DoD). This segment also provides foreign military sales services, engineering, logistics, maintenance, configuration management, prototyping, technology, and field support services to the DoD and other customers. In addition, this segment offers energy consulting services and IT solutions to various DoD, federal civilian agencies, and commercial clients. The company also provides vehicle and equipment maintenance and refurbishment, logistics, engineering support, energy services, and IT and health care IT solutions, as well as consulting services. VSE Corporation was incorporated in 1959 and is headquartered in Alexandria, Virginia.
Contact 6348 Walker Lane, Alexandria, VA, 22310 https://www.vsecorp.com
IPO Date Oct. 22, 1982
Employees 1200
Officers Mr. Michael Perlman Vice President of Investor Relations & Communications Mr. Tarang Sharma Chief Accounting Officer, Vice President, Controller & Corporate Development Mr. Garry Snow Chief Growth Officer Richard Hannah Treasurer Mr. Adam Cohn Chief Financial Officer Noel Ryan Head of Investor Relations Ms. Krista Stafford Senior Vice President & Chief Human Resources Officer Mr. Chad M. Wheeler President of Fleet Segment Mr. Benjamin A. Thomas President of Aviation Segment Ms. Farinaz S. Tehrani Senior Vice President, Chief Legal Officer & Corporate Secretary