Brokerages Set V2X, Inc. (NYSE:VVX) Target Price at $63.67

V2X, Inc. (NYSE:VVX - Get Free Report) has earned a consensus rating of "Moderate Buy" from the ten ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $63.67.

A number of equities research analysts have recently commented on the company. Royal Bank of Canada cut their price objective on V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a research report on Tuesday, February 25th. Morgan Stanley initiated coverage on shares of V2X in a report on Wednesday, April 16th. They set an "underweight" rating and a $51.00 price target on the stock. Truist Financial cut their price target on shares of V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Raymond James cut their price target on shares of V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a report on Tuesday, February 25th.

V2X Price Performance

NYSE:VVX traded down $0.09 during trading hours on Friday, reaching $45.35. 168,238 shares of the company's stock were exchanged, compared to its average volume of 201,454. The company has a market capitalization of $1.44 billion, a P/E ratio of 161.97, a price-to-earnings-growth ratio of 0.61 and a beta of 0.27. V2X has a 12 month low of $41.08 and a 12 month high of $69.75. The business's 50-day simple moving average is $48.71 and its two-hundred day simple moving average is $50.70. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09.

V2X (NYSE:VVX - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The company reported $0.98 EPS for the quarter, beating analysts' consensus estimates of $0.92 by $0.06. V2X had a return on equity of 13.49% and a net margin of 0.22%. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the firm earned $0.90 EPS. The company's quarterly revenue was up .5% compared to the same quarter last year. Sell-side analysts expect that V2X will post 4.16 EPS for the current fiscal year.

Insider Buying and Selling at V2X

In other V2X news, SVP Richard L. Jr. Caputo sold 2,200 shares of the company's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $46.85, for a total value of $103,070.00. Following the transaction, the senior vice president now owns 19,869 shares in the company, valued at approximately $930,862.65. This represents a 9.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.10% of the company's stock.

Institutional Trading of V2X

Large investors have recently added to or reduced their stakes in the business. State of Wyoming bought a new stake in V2X in the fourth quarter worth approximately $45,000. CWM LLC grew its position in V2X by 239.0% in the first quarter. CWM LLC now owns 990 shares of the company's stock worth $49,000 after acquiring an additional 698 shares in the last quarter. Whipplewood Advisors LLC grew its position in V2X by 4,066.7% in the first quarter. Whipplewood Advisors LLC now owns 1,000 shares of the company's stock worth $49,000 after acquiring an additional 976 shares in the last quarter. Summit Investment Advisors Inc. grew its position in V2X by 24.1% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company's stock worth $71,000 after acquiring an additional 288 shares in the last quarter. Finally, Wealthquest Corp bought a new stake in V2X in the first quarter worth approximately $97,000. 95.18% of the stock is owned by institutional investors.

V2X Company Profile

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.