V2X (NYSE:VVX) Trading Down 4.9% - Here's What Happened

Key Points

• V2X shares fell 4.9% to about $73.45, with trading volume down 74% from the stock’s average daily volume.
• Analysts have a consensus “Hold” rating and an average price target of $86.90, despite several firms maintaining or initiating Buy ratings.
• V2X exceeded quarterly expectations with $1.64 in EPS and $1.26 billion in revenue, up 16.5% year over year; institutional investors own approximately 95.18% of the stock.

V2X, Inc. (NYSE:VVX - Get Free Report)'s share price dropped 4.9% during trading on Tuesday . The company traded as low as $73.47 and last traded at $73.4460. Approximately 151,862 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 589,174 shares. The stock had previously closed at $77.27.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on VVX. Zacks Research cut shares of V2X from a "strong-buy" rating to a "hold" rating in a report on Friday, August 7th. Truist Financial reiterated a "hold" rating and set a $85.00 price objective (up from $70.00) on shares of V2X in a research note on Tuesday, August 4th. Wall Street Zen lowered shares of V2X from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. BTIG Research reaffirmed a "buy" rating and set a $90.00 price target on shares of V2X in a research report on Wednesday, May 27th. Finally, Morgan Stanley increased their price objective on V2X from $80.00 to $90.00 and gave the company an "equal weight" rating in a report on Tuesday, August 4th. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $86.90.

V2X Stock Down 4.9%

The company has a debt-to-equity ratio of 0.92, a current ratio of 1.32 and a quick ratio of 1.32. The business's fifty day moving average price is $79.15 and its two-hundred day moving average price is $75.54. The stock has a market capitalization of $2.30 billion, a PE ratio of 25.34, a price-to-earnings-growth ratio of 0.60 and a beta of 0.17.

V2X (NYSE:VVX - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $1.64 EPS for the quarter, topping analysts' consensus estimates of $1.44 by $0.20. The company had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.21 billion. V2X had a return on equity of 17.52% and a net margin of 1.88%.The firm's revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.33 EPS. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. On average, equities research analysts forecast that V2X, Inc. will post 6.27 EPS for the current fiscal year.

Institutional Investors Weigh In On V2X

A number of large investors have recently bought and sold shares of VVX. BlackRock Inc. purchased a new position in V2X during the 2nd quarter worth approximately $189,727,000. Dimensional Fund Advisors LP increased its stake in shares of V2X by 12.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,503,707 shares of the company's stock worth $103,001,000 after acquiring an additional 169,980 shares during the period. Reinhart Partners LLC. raised its holdings in shares of V2X by 60.6% during the fourth quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company's stock worth $77,964,000 after purchasing an additional 539,209 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of V2X during the second quarter worth $87,543,000. Finally, William Blair Investment Management LLC acquired a new position in V2X during the fourth quarter valued at $25,685,000. Hedge funds and other institutional investors own 95.18% of the company's stock.

About V2X

V2X, Inc is a defense and government-services contractor that provides mission solutions to the U.S. government, allied nations and other public-sector customers. The company supports national security, aerospace and defense, space, and other critical government programs through integrated technical and operational services.

Its offerings include logistics and sustainment, aviation and ground-systems maintenance, training and readiness, engineering and modernization, information technology, cybersecurity, communications, and other mission-support services.

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