vse is a broadly diversified company focused on creating, sustaining, and improving the systems, equipment, and processes of our customers through core competencies in supply chain management, legacy systems sustainment, maintenance, repair, and overhaul (mro), obsolescence management, prototyping, reverse engineering, technology insertion, foreign military sales, management consulting, and process improvement. vse’s strength lies in the talented professionals who support our customers in maintaining and modernizing products, equipment, and systems. our nationwide network of local offices provides access to a spectrum of corporate resources and services in diversified engineering, logistics, management, and information technology disciplines. we combine their individual skills, experience, and motivation with corporate resources, technology, teamwork, and the management principles of integrity, honesty, and self-governance to deliver high quality, cost-effective solutions to a global c
Company profile
Ticker
VSEC
Exchange
Website
CEO
John Cuomo
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Tetra Tech • Mistras • Hill International • AECOM • Ecology & Environment • Englobal • Acorn Energy • Willdan • Correlate Energy • Galenfeha ...
SEC CIK
Corporate docs
Subsidiaries
Arena Solutions Group, LLC • Wheeler Fleet Solutions, Co. • VSE Aviation, Inc. • Global Parts Group, Inc. • VSE Aviation Services, Inc. • VSE Aviation Singapore PTE LTD • VSE Aviation Services, LLC • VSE Aviation Services, Co. • VSE Aviation Germany GmbH • Desser-Graham Partnership, L.P. ...
IRS number
540649263
VSEC stock data
Latest filings (excl ownership)
8-K/A
Departure of Directors or Certain Officers
28 May 24
8-K
Vse Corporation Declares Quarterly Cash Dividend
24 May 24
8-K
Entry into a Material Definitive Agreement
17 May 24
424B2
Prospectus for primary offering
16 May 24
424B5
Prospectus supplement for primary offering
14 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
VSE Announces Leadership Transition
8 May 24
8-K
VSE Corporation Announces First Quarter 2024 Results
8 May 24
8-K
Vse Corporation Completes Turbine Controls, Inc. Acquisition
25 Apr 24
8-K
Vse Corporation Declares Quarterly Cash Dividend
8 Mar 24
Transcripts
VSEC
Earnings call transcript
2024 Q1
9 May 24
VSEC
Earnings call transcript
2023 Q4
7 Mar 24
VSEC
Earnings call transcript
2023 Q3
2 Nov 23
VSEC
Earnings call transcript
2023 Q2
27 Jul 23
VSEC
Earnings call transcript
2023 Q2
27 Jul 23
VSEC
Earnings call transcript
2023 Q1
2 May 23
VSEC
Earnings call transcript
2022 Q4
9 Mar 23
VSEC
Earnings call transcript
2022 Q3
28 Oct 22
VSEC
Earnings call transcript
2022 Q2
30 Jul 22
VSEC
Earnings call transcript
2022 Q1
29 Apr 22
Latest ownership filings
4
Tarang Sharma
28 May 24
3
Tarang Sharma
23 May 24
SC 13D/A
KOONCE CALVIN SCOTT
17 May 24
4/A
CALVIN SCOTT KOONCE
2 Apr 24
4/A
CALVIN SCOTT KOONCE
2 Apr 24
5
CALVIN SCOTT KOONCE
2 Apr 24
SC 13D/A
KOONCE CALVIN SCOTT
2 Apr 24
4
Stephen D. Griffin
2 Apr 24
4
JOHN A CUOMO
2 Apr 24
4
Farinaz S Tehrani
2 Apr 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 10.57 mm | 10.57 mm | 10.57 mm | 10.57 mm | 10.57 mm | 10.57 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 26.35 mm | 4.35 mm |
Cash used (since last report) | n/a | n/a | n/a | n/a | 60.94 mm | 10.06 mm |
Cash remaining | n/a | n/a | n/a | n/a | -50.37 mm | 506.48 k |
Runway (months of cash) | n/a | n/a | n/a | n/a | -1.9 | 0.1 |
Institutional ownership, Q4 2023
4.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 11 |
Opened positions | 1 |
Closed positions | 102 |
Increased positions | 0 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 50.93 bn |
Total shares | 788.78 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Legal Advantage Investments | 232.28 k | $15.01 bn |
Mutual Of America Capital Management | 190.83 k | $12.33 bn |
Peregrine Capital Management | 164.73 k | $10.64 bn |
Kendall Capital Management | 133.24 k | $8.61 bn |
Hendershot Investments | 34.84 k | $2.25 bn |
North Star Investment Management | 19.84 k | $1.28 bn |
Seelaus Asset Management | 7.65 k | $493.94 mm |
Arizona State Retirement System | 3.74 k | $241.77 mm |
Glass Jacobson Investment Advisors | 1.10 k | $71.07 mm |
Financial Management Professionals | 500.00 | $32.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 May 24 | Tarang Sharma | RSU Common Stock, par value $.05 | Grant | Acquire A | No | No | 0 | 1,146 | 0.00 | 1,146 |
1 Apr 24 | Wheeler Chad | Common Stock | Payment of exercise | Dispose F | No | No | 79.02 | 998 | 78.86 k | 30,868 |
31 Mar 24 | Wheeler Chad | Common Stock, par value $.05 | Option exercise | Acquire M | No | No | 0 | 1,216 | 0.00 | 31,866 |
31 Mar 24 | Wheeler Chad | Common Stock, par value $.05 | Grant | Acquire A | No | No | 0 | 2,424 | 0.00 | 30,650 |
31 Mar 24 | Benjamin E. Thomas | Common Stock, par value $.05 | Option exercise | Acquire M | No | No | 0 | 965 | 0.00 | 32,742 |
31 Mar 24 | Benjamin E. Thomas | Common Stock, par value $.05 | Grant | Acquire A | No | No | 0 | 1,926 | 0.00 | 31,777 |
31 Mar 24 | Farinaz S Tehrani | Common Stock, par value $.05 | Option exercise | Acquire M | No | No | 0 | 980 | 0.00 | 17,037 |
31 Mar 24 | Farinaz S Tehrani | Common Stock, par value $.05 | Grant | Acquire A | No | No | 0 | 1,953 | 0.00 | 16,057 |
News
Reported Earlier, VSE Prices Public Offering Of 2,112,676 Common Stock At $71/share
15 May 24
VSE Corporation Announces Public Offering Of Common Stock; No Size Or Amount Disclosed
14 May 24
Truist Securities Maintains Buy on VSE, Raises Price Target to $92
10 May 24
B. Riley Securities Maintains Buy on VSE, Raises Price Target to $101
10 May 24
VSE Q1 2024 Adj EPS $0.87 Beats $0.72 Estimate, Sales $241.539M Beat $237.207M Estimate
8 May 24
Press releases
VSE Corporation Announces June 2024 Investor Conference Schedule
28 May 24
VSE Corporation Declares Quarterly Cash Dividend
23 May 24
VSE Corporation Prices Public Offering of Common Stock
14 May 24
VSE Corporation Announces Public Offering of Common Stock
14 May 24
Anika Announces CFO Transition
8 May 24