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

V2X, Inc. (NYSE:VVX - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the ten research firms that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $63.67.

A number of analysts recently commented on the stock. Royal Bank Of Canada lowered their price objective 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. Raymond James Financial lowered their target price on V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a report on Tuesday, February 25th. Truist Financial lowered their target price on V2X from $68.00 to $55.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Morgan Stanley initiated coverage on V2X in a report on Wednesday, April 16th. They set an "underweight" rating and a $51.00 target price for the company.

V2X Trading Down 0.4%

VVX stock traded down $0.16 during midday trading on Thursday, reaching $44.80. The company's stock had a trading volume of 533,827 shares, compared to its average volume of 210,058. V2X has a 52 week low of $41.08 and a 52 week high of $69.75. The stock has a market cap of $1.42 billion, a PE ratio of 34.73, a price-to-earnings-growth ratio of 0.50 and a beta of 0.21. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.05. The business's 50-day simple moving average is $47.45 and its 200-day simple moving average is $48.90.

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

Insider Transactions at V2X

In related news, SVP Richard L. Jr. Caputo sold 2,200 shares of the stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $46.85, for a total value of $103,070.00. Following the completion of the sale, the senior vice president now directly owns 19,869 shares in the company, valued at $930,862.65. This represents a 9.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.10% of the company's stock.

Institutional Trading of V2X

Large investors have recently bought and sold shares of the business. Rhumbline Advisers grew its stake in shares of V2X by 5.0% in the 4th quarter. Rhumbline Advisers now owns 21,239 shares of the company's stock valued at $1,016,000 after buying an additional 1,004 shares during the period. Olympiad Research LP grew its stake in shares of V2X by 19.1% in the 4th quarter. Olympiad Research LP now owns 6,382 shares of the company's stock valued at $305,000 after buying an additional 1,022 shares during the period. Bank of New York Mellon Corp grew its stake in shares of V2X by 4.2% in the 4th quarter. Bank of New York Mellon Corp now owns 59,604 shares of the company's stock valued at $2,851,000 after buying an additional 2,388 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of V2X by 16.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 141,885 shares of the company's stock valued at $6,786,000 after buying an additional 19,524 shares during the period. Finally, Victory Capital Management Inc. acquired a new stake in shares of V2X in the 4th quarter valued at about $13,947,000. 95.18% of the stock is currently owned by institutional investors and hedge funds.

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.