V2X, Inc. (NYSE:VVX) Given Average Rating of "Moderate Buy" by Analysts

V2X, Inc. (NYSE:VVX - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eleven analysts that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $62.80.

Several research firms have recently issued reports on VVX. Truist Financial reduced their target price on V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Morgan Stanley began coverage on V2X in a research note on Wednesday, April 16th. They set an "underweight" rating and a $51.00 target price on the stock. Finally, Stifel Nicolaus started coverage on V2X in a research note on Tuesday, June 24th. They set a "buy" rating and a $55.00 target price on the stock.

Insiders Place Their Bets

In related news, SVP Richard L. Jr. Caputo sold 4,000 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $44.43, for a total value of $177,720.00. Following the sale, the senior vice president directly owned 15,869 shares of the company's stock, valued at $705,059.67. This represents a 20.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On V2X

A number of institutional investors have recently modified their holdings of VVX. Bank of New York Mellon Corp grew its stake in shares of V2X by 4.2% in the fourth quarter. Bank of New York Mellon Corp now owns 59,604 shares of the company's stock worth $2,851,000 after acquiring an additional 2,388 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of V2X by 16.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 141,885 shares of the company's stock worth $6,786,000 after acquiring an additional 19,524 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of V2X in the fourth quarter worth $1,150,000. Swiss National Bank grew its stake in shares of V2X by 12.6% in the fourth quarter. Swiss National Bank now owns 27,700 shares of the company's stock worth $1,325,000 after acquiring an additional 3,100 shares during the last quarter. Finally, Royce & Associates LP grew its stake in shares of V2X by 5.9% in the fourth quarter. Royce & Associates LP now owns 215,030 shares of the company's stock worth $10,285,000 after acquiring an additional 11,910 shares during the last quarter. 95.18% of the stock is owned by hedge funds and other institutional investors.

V2X Trading Up 1.9%

Shares of VVX traded up $0.88 during mid-day trading on Monday, hitting $47.59. 153,329 shares of the company's stock traded hands, compared to its average volume of 220,788. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.05. V2X has a 1 year low of $41.08 and a 1 year high of $69.75. The firm has a market capitalization of $1.51 billion, a P/E ratio of 36.89, a PEG ratio of 0.52 and a beta of 0.24. The business's 50-day moving average price is $47.20 and its 200-day moving average price is $48.27.

V2X (NYSE:VVX - Get Free Report) last posted its earnings results on Monday, May 5th. The company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.06. V2X had a return on equity of 13.97% and a net margin of 0.96%. The firm had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $1.04 billion. During the same period in the previous year, the firm earned $0.90 earnings per share. The business's revenue was up .5% compared to the same quarter last year. As a group, sell-side analysts forecast that V2X will post 4.16 EPS for the current fiscal year.

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.