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

Shares of V2X, Inc. (NYSE:VVX - Get Free Report) have been assigned an average rating of "Moderate Buy" from the eleven brokerages that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $62.90.

Several equities research analysts have issued reports on VVX shares. Citigroup started coverage on shares of V2X in a research report on Tuesday, January 21st. They set a "buy" rating and a $64.00 price objective for the company. JMP Securities reaffirmed a "market outperform" rating and issued a $80.00 price objective on shares of V2X in a report on Friday, January 17th. Truist Financial lowered their price objective on V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Royal Bank of Canada reduced their target price on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a research report on Tuesday, February 25th. Finally, Raymond James lowered their price target on shares of V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 25th.

V2X Stock Performance

Shares of VVX traded up $0.30 during trading hours on Wednesday, hitting $49.73. The company had a trading volume of 9,740 shares, compared to its average volume of 230,828. The business has a fifty day moving average of $48.61 and a 200-day moving average of $52.53. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 177.62, a PEG ratio of 0.61 and a beta of 0.45. V2X has a 12 month low of $41.08 and a 12 month high of $69.75.

Institutional Trading of V2X

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. FMR LLC boosted its holdings in shares of V2X by 23.8% during the 4th quarter. FMR LLC now owns 3,712,196 shares of the company's stock valued at $177,554,000 after acquiring an additional 714,722 shares in the last quarter. Simcoe Capital Management LLC boosted its stake in shares of V2X by 252.8% during the fourth 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 in the last quarter. Victory Capital Management Inc. bought a new stake in shares of V2X during the fourth quarter worth about $13,947,000. Assenagon Asset Management S.A. lifted its holdings in shares of V2X by 1,014.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 231,592 shares of the company's stock worth $11,077,000 after purchasing an additional 210,814 shares during the period. Finally, Vanguard Group Inc. raised its position in V2X by 19.1% during the 4th quarter. Vanguard Group Inc. now owns 898,112 shares of the company's stock worth $42,957,000 after purchasing an additional 144,029 shares during the last quarter. Institutional investors own 95.18% of the company's stock.

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.