VSE: High Valuation Coupled With Stock Dilution And Poor Cash Conversion (NASDAQ:VSEC)

Core Insights - VSE Corporation (VSEC) has experienced significant positive momentum since 2024, diverging from its previous performance where it closely tracked the S&P 500 alongside its peers [1] Group 1: Company Performance - The price performance of VSEC has shown a marked improvement since the beginning of 2024, indicating a shift in market perception and investor sentiment towards the company [1] Group 2: Market Context - Prior to 2024, VSEC's performance was closely aligned with the S&P 500, suggesting that it was influenced by broader market trends rather than company-specific factors [1]