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

V2X, Inc. (NYSE:VVX - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eleven brokerages that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $63.60.

VVX has been the topic of a number of analyst reports. Wall Street Zen cut shares of V2X from a "buy" rating to a "hold" rating in a research report on Friday, July 18th. Stifel Nicolaus set a $63.00 target price on shares of V2X and gave the company a "buy" rating in a research note on Tuesday. Morgan Stanley initiated coverage on shares of V2X in a research note on Wednesday, April 16th. They set an "underweight" rating and a $51.00 target price on the stock. Finally, Truist Financial cut their target price 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.

Insider Activity

In other news, SVP Richard L. Jr. Caputo sold 4,000 shares of the stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $44.43, for a total value of $177,720.00. Following the completion of 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 SEC, which is available at this hyperlink. 1.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On V2X

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Ameritas Advisory Services LLC purchased a new stake in shares of V2X in the second quarter valued at $25,000. State of Wyoming purchased a new stake in shares of V2X in the fourth quarter valued at $45,000. Whipplewood Advisors LLC raised its stake in shares of V2X by 4,066.7% in the first quarter. Whipplewood Advisors LLC now owns 1,000 shares of the company's stock valued at $49,000 after acquiring an additional 976 shares during the period. CWM LLC raised its stake in shares of V2X by 239.0% in the first quarter. CWM LLC now owns 990 shares of the company's stock valued at $49,000 after acquiring an additional 698 shares during the period. Finally, Summit Investment Advisors Inc. raised its stake in shares of V2X by 24.1% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company's stock valued at $71,000 after acquiring an additional 288 shares during the period. Institutional investors own 95.18% of the company's stock.

V2X Stock Performance

NYSE VVX opened at $53.30 on Friday. The company has a market capitalization of $1.69 billion, a P/E ratio of 24.23, a P/E/G ratio of 0.60 and a beta of 0.27. The company has a fifty day moving average of $47.49 and a 200-day moving average of $48.33. V2X has a 52-week low of $41.08 and a 52-week high of $69.75. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.16 and a current ratio of 1.20.

V2X (NYSE:VVX - Get Free Report) last issued its earnings results on Monday, August 4th. The company reported $1.33 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.33. The company had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.06 billion. V2X had a net margin of 1.63% and a return on equity of 15.28%. The firm's revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company earned $0.83 EPS. As a group, equities research analysts predict that V2X will post 4.16 EPS for the current fiscal year.

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.

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