Morgan Stanley Initiates Coverage on V2X (NYSE:VVX)

Stock analysts at Morgan Stanley assumed coverage on shares of V2X (NYSE:VVX - Get Free Report) in a report issued on Wednesday, Marketbeat reports. The brokerage set an "underweight" rating and a $51.00 price target on the stock. Morgan Stanley's price objective indicates a potential upside of 8.90% from the company's current price.

A number of other research firms also recently commented on VVX. Truist Financial cut their price objective on V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Royal Bank of Canada decreased their price target on V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Citigroup assumed coverage on shares of V2X in a research report on Tuesday, January 21st. They set a "buy" rating and a $64.00 target price on the stock. JMP Securities reaffirmed a "market outperform" rating and set a $80.00 price target on shares of V2X in a research note on Friday, January 17th. Finally, Raymond James decreased their price objective on shares of V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a research report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, two have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, V2X presently has a consensus rating of "Moderate Buy" and an average price target of $62.90.

V2X Trading Down 3.1 %

V2X stock traded down $1.51 during trading on Wednesday, hitting $46.83. The company's stock had a trading volume of 16,529 shares, compared to its average volume of 183,648. The stock's fifty day moving average is $47.78 and its 200 day moving average is $53.41. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. V2X has a 1-year low of $41.08 and a 1-year high of $69.75. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 167.26, a P/E/G ratio of 0.61 and a beta of 0.45.

Institutional Trading of V2X

Institutional investors have recently added to or reduced their stakes in the business. FMR LLC boosted its holdings 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 buying an additional 714,722 shares during the period. Vanguard Group Inc. lifted its holdings in V2X by 19.1% in the fourth quarter. Vanguard Group Inc. now owns 898,112 shares of the company's stock worth $42,957,000 after acquiring an additional 144,029 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in V2X by 12.5% in 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 during the last quarter. Simcoe Capital Management LLC boosted its stake in V2X by 252.8% in the fourth quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company's stock valued at $35,057,000 after acquiring an additional 525,204 shares during the period. Finally, Zimmer Partners LP grew its holdings in shares of V2X by 48.5% during the fourth quarter. Zimmer Partners LP now owns 389,609 shares of the company's stock valued at $18,635,000 after purchasing an additional 127,189 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.