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

V2X, Inc. (NYSE:VVX - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eleven analysts that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $62.80.

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

V2X Stock Performance

Shares of VVX traded up $0.32 during mid-day trading on Monday, reaching $48.85. 172,827 shares of the company's stock were exchanged, compared to its average volume of 243,601. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.16 and a quick ratio of 1.16. The business's fifty day simple moving average is $47.34 and its 200-day simple moving average is $48.29. V2X has a 52-week low of $41.08 and a 52-week high of $69.75. The stock has a market capitalization of $1.55 billion, a PE ratio of 37.87, a price-to-earnings-growth ratio of 0.54 and a beta of 0.24.

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

Insider Activity at V2X

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 transaction of $177,720.00. Following the transaction, the senior vice president directly owned 15,869 shares of the company's stock, valued at approximately $705,059.67. The trade was a 20.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.10% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. FMR LLC boosted its stake in shares of V2X by 23.8% in the 4th quarter. FMR LLC now owns 3,712,196 shares of the company's stock valued at $177,554,000 after purchasing an additional 714,722 shares in the last quarter. Vanguard Group Inc. boosted its holdings in V2X by 2.8% in the 1st quarter. Vanguard Group Inc. now owns 923,334 shares of the company's stock valued at $45,290,000 after purchasing an additional 25,222 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of V2X by 12.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 878,820 shares of the company's stock worth $42,035,000 after acquiring an additional 97,399 shares in the last quarter. Simcoe Capital Management LLC increased its holdings in V2X by 252.8% during the 4th quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company's stock valued at $35,057,000 after purchasing an additional 525,204 shares during the period. Finally, Victory Capital Management Inc. lifted its position in V2X by 61.1% during the first quarter. Victory Capital Management Inc. now owns 469,724 shares of the company's stock valued at $23,040,000 after buying an additional 178,136 shares during the period. 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.