V2X (NYSE:VVX) Trading Up 2.8%

V2X, Inc. (NYSE:VVX - Get Free Report) shares traded up 2.8% on Monday . The company traded as high as $45.84 and last traded at $45.84. 22,780 shares changed hands during trading, a decline of 75% from the average session volume of 89,746 shares. The stock had previously closed at $44.58.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Stifel Nicolaus reaffirmed a "hold" rating and set a $52.00 target price (down previously from $59.00) on shares of V2X in a research note on Friday, January 5th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $50.00 target price on shares of V2X in a research note on Wednesday, March 6th. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $65.00 target price on shares of V2X in a research note on Wednesday, March 6th.

V2X Price Performance

The company has a debt-to-equity ratio of 1.11, a current ratio of 1.04 and a quick ratio of 0.99. The firm's 50 day moving average is $42.38 and its 200 day moving average is $44.17. The firm has a market cap of $1.43 billion, a P/E ratio of -61.50 and a beta of 0.78.

V2X (NYSE:VVX - Get Free Report) last posted its quarterly earnings data on Tuesday, March 5th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.07 by $0.15. V2X had a negative net margin of 0.57% and a positive return on equity of 11.95%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the previous year, the firm posted $0.92 earnings per share. V2X's quarterly revenue was up 6.3% on a year-over-year basis. As a group, analysts anticipate that V2X, Inc. will post 4.09 earnings per share for the current year.

Institutional Investors Weigh In On V2X

Several hedge funds have recently bought and sold shares of the business. Metropolitan Life Insurance Co NY purchased a new position in V2X in the fourth quarter worth about $31,000. Comerica Bank purchased a new position in V2X in the third quarter worth about $32,000. Cape Investment Advisory Inc. purchased a new position in V2X in the fourth quarter worth about $34,000. Tower Research Capital LLC TRC raised its holdings in V2X by 289.5% in the third quarter. Tower Research Capital LLC TRC now owns 853 shares of the company's stock worth $44,000 after buying an additional 634 shares during the last quarter. Finally, Amalgamated Bank purchased a new position in V2X in the fourth quarter worth about $62,000. Institutional investors own 95.18% of the company's stock.

About V2X

V2X, Inc provides critical mission solutions and support services to defense clients worldwide. It offers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian, and international clients. The company was incorporated in 2014 and is headquartered in Mclean, Virginia.