V2X, Inc. (NYSE:VVX) Receives $63.60 Average PT from Analysts

Key Points

• V2X, Inc. (NYSE:VVX) has received an average rating of “Moderate Buy” from eleven ratings firms, with a target price set at $63.60.
• The company's quarterly earnings report showed earnings per share of $1.33, surpassing the consensus estimate of $1.00, and a revenue of $1.08 billion.
• Insider trading activity included the sale of 4,000 shares by SVP Richard L. Jr. Caputo, indicating a 20.13% decrease in his position.

V2X, Inc. (NYSE:VVX - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the eleven research firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $63.60.

VVX has been the topic of a number of recent research reports. Truist Financial dropped their price objective on shares of 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 initiated coverage on shares of V2X in a research note on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 price objective on the stock. Stifel Nicolaus set a $63.00 price objective on shares of V2X and gave the company a "buy" rating in a research note on Tuesday, August 5th. Finally, Wall Street Zen upgraded shares of V2X from a "hold" rating to a "buy" rating in a research note on Saturday.

Insider Transactions at V2X

In other V2X news, SVP Richard L. Jr. Caputo sold 4,000 shares of the company's stock in a transaction dated Thursday, June 5th. The shares were 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 in the company, valued at approximately $705,059.67. This represents a 20.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.10% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in VVX. FMR LLC grew its position in V2X by 23.8% during the fourth quarter. FMR LLC now owns 3,712,196 shares of the company's stock worth $177,554,000 after buying an additional 714,722 shares during the period. Simcoe Capital Management LLC grew its position in V2X by 252.8% during the fourth quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company's stock worth $35,057,000 after buying an additional 525,204 shares during the period. Nuveen LLC acquired a new position in V2X during the first quarter worth about $19,753,000. Reinhart Partners LLC. acquired a new position in V2X during the second quarter worth about $14,083,000. Finally, Bridgeway Capital Management LLC acquired a new position in V2X during the first quarter worth about $11,036,000. 95.18% of the stock is currently owned by institutional investors and hedge funds.

V2X Stock Performance

NYSE VVX traded up $1.34 during trading on Friday, reaching $52.12. The company's stock had a trading volume of 63,990 shares, compared to its average volume of 251,151. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a market cap of $1.65 billion, a price-to-earnings ratio of 23.69, a P/E/G ratio of 0.55 and a beta of 0.27. V2X has a twelve month low of $41.08 and a twelve month high of $69.75. The business's fifty day moving average price is $47.60 and its 200-day moving average price is $48.22.

V2X (NYSE:VVX - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The company reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $1.00 by $0.33. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.06 billion. V2X had a net margin of 1.63% and a return on equity of 15.28%. V2X's quarterly revenue was up .6% on a year-over-year basis. During the same period in the previous year, the business posted $0.83 earnings per share. As a group, analysts anticipate 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.