Jefferies initiated coverage on VSE Corp with a new price target
$VSEC
Military/Government/Technical
Consumer Discretionary
Jefferies initiated coverage of VSE Corp with a rating of Buy and set a new price target of $100.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/14/2024 | $100.00 | Buy | Jefferies |
| 6/28/2024 | $101.00 | Buy | Stifel |
| 5/2/2023 | $50.00 → $55.00 | Sector Perform → Outperform | RBC Capital Mkts |
| 5/18/2022 | $65.00 → $48.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 3/11/2022 | $70.00 → $65.00 | Outperform | RBC Capital |
| 11/19/2021 | $65.00 → $70.00 | Outperform | RBC Capital |
| 11/12/2021 | $62.00 → $72.00 | Buy | Canaccord Genuity |
| 10/29/2021 | $60.00 → $65.00 | Outperform | RBC Capital |
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 February 6, 2025, to stockholders of record at the close of business on January 23, 2025. ABOUT VSE CORPORATION VSE is a leading provider of aftermarket distribution and repair services. Operating through its two key segments, VSE significantly enhances the productivity and longevity of its customers' high-value, business-critical assets. The Aviation segment is a leading provider of aftermarket parts dist
Record Revenue and Record Profitability for Aviation Segment Raising Full Year 2024 Aviation Revenue Guidance 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 $13.1 million decreased 5.3% Adjusted EPS (Diluted)(2) of $0.71 decreased 22.8% 1 From
Provides Preliminary Third Quarter 2024 Results Kellstrom Aerospace Expands VSE Aviation's Presence in Growing Commercial Engine Aftermarket 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 conditions, including regulatory review, and is expected to close in the fourth quarter of 2024
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 February 6, 2025, to stockholders of record at the close of business on January 23, 2025. ABOUT VSE CORPORATION VSE is a leading provider of aftermarket distribution and repair services. Operating through its two key segments, VSE significantly enhances the productivity and longevity of its customers' high-value, business-critical assets. The Aviation segment is a leading provider of aftermarket parts dist
AE Industrial Partners, LP ("AE Industrial"), a private equity firm specializing in National Security, Aerospace, and Industrial Services, today announced that it has completed the sale of Kellstrom Aerospace Group, Inc. ("Kellstrom"), a diversified global distributor and service provider supporting the commercial aerospace engine aftermarket, for $200 million to VSE Corporation ("VSE") (NASDAQ:VSEC), a leading provider of aftermarket distribution and repair services. Kellstrom is a leading full-service aftermarket solutions provider of value-added distribution and technical services for the commercial aerospace engine aftermarket. Differentiated by a highly technical, high-touch global s
Acquisition Expands VSE Aviation's Presence in the Growing Commercial Engine Aftermarket VSE Corporation ("VSE" or the "Company") (NASDAQ:VSEC), a leading provider of aftermarket distribution and repair services, announced today that the Company has closed its previously announced acquisition of 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. MANAGEMENT COMMENTARY "Today represents the next step in the VSE Aviation product and services growth strategy, with a clear opportunity to profitably grow our business and better serve
Jefferies initiated coverage of VSE Corp with a rating of Buy and set a new price target of $100.00
Stifel initiated coverage of VSE Corp with a rating of Buy and set a new price target of $101.00
RBC Capital Mkts upgraded VSE Corp from Sector Perform to Outperform and set a new price target of $55.00 from $50.00 previously
8-K - VSE CORP (0000102752) (Filer)
10-Q - VSE CORP (0000102752) (Filer)
8-K - VSE CORP (0000102752) (Filer)
4 - VSE CORP (0000102752) (Issuer)
4 - VSE CORP (0000102752) (Issuer)
4 - VSE CORP (0000102752) (Issuer)
SC 13D/A - VSE CORP (0000102752) (Subject)
SC 13G/A - VSE CORP (0000102752) (Subject)
SC 13G - VSE CORP (0000102752) (Subject)
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 strategies and lead the global finance organization, including planning, operational finance, treasury, tax, internal audit, corporate development, and investor relations. Tarang Sharma, who has been serving as interim Chief Financial
COMMERCE, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- FDH Aero ("FDH"), a global provider of supply chain solutions for the aerospace and defense industry, today announced the appointment of John Cuomo to the FDH Aero board. John is a seasoned aviation industry executive and experienced board member who brings more than 25 years of aerospace, defense, distribution and supply chain experience to FDH. "We are delighted to welcome John to our board, where his extensive expertise will undoubtedly have an immediate influence on our business and further enhance our ability to drive continued growth and deliver exceptional value to our clients," said Scott Tucker, FDH CEO. "John has driven signif
BEDFORD, Mass., May 08, 2024 (GLOBE NEWSWIRE) -- Anika Therapeutics, Inc. (NASDAQ:ANIK), a global joint preservation company in early intervention orthopedics, today announced that it has appointed Steve Griffin as the Company's Executive Vice President, Chief Financial Officer ("CFO") and Treasurer, effective June 3, 2024. He succeeds Michael Levitz, who has decided to step down as CFO after almost four years with the company. Mr. Levitz will remain with the Company through December 31, 2024, to ensure a smooth transition. "We are pleased to welcome Steve to Anika as we focus on accelerating our pivot to profitability," said Cheryl Blanchard, Ph.D., Anika's President and CEO. "Steve