Investment analysts at Stifel Nicolaus began coverage on shares of V2X (NYSE:VVX - Get Free Report) in a research note issued on Tuesday. The firm set a "buy" rating and a $55.00 price target on the stock. Stifel Nicolaus' target price suggests a potential upside of 20.22% from the company's previous close.
Other research analysts have also recently issued reports about the stock. Truist Financial cut their price target on shares of V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Raymond James Financial dropped their target price 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. Royal Bank Of Canada reduced their target price on V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Finally, Morgan Stanley initiated coverage on V2X in a research report on Wednesday, April 16th. They set an "underweight" rating and a $51.00 price target for the company. Two investment analysts have rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $62.80.
View Our Latest Stock Analysis on VVX
V2X Stock Performance
Shares of V2X stock opened at $45.75 on Tuesday. The company has a market cap of $1.45 billion, a PE ratio of 35.47, a price-to-earnings-growth ratio of 0.50 and a beta of 0.22. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.05. V2X has a 52 week low of $41.08 and a 52 week high of $69.75. The business has a 50 day moving average price of $47.36 and a 200-day moving average price of $48.71.
V2X (NYSE:VVX - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The company reported $0.98 EPS for the quarter, beating analysts' consensus estimates of $0.92 by $0.06. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.04 billion. V2X had a return on equity of 13.97% and a net margin of 0.96%. V2X's quarterly revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.90 EPS. Equities analysts anticipate that V2X will post 4.16 earnings per share for the current fiscal year.
Insider Activity at V2X
In related news, SVP Richard L. Jr. Caputo sold 4,000 shares of the business's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $44.43, for a total value of $177,720.00. Following the sale, the senior vice president now directly owns 15,869 shares in the company, valued at approximately $705,059.67. The trade was a 20.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.88% of the stock is owned by company insiders.
Institutional Trading of V2X
A number of institutional investors have recently modified their holdings of VVX. The Manufacturers Life Insurance Company grew its stake in V2X by 3.7% in the 4th quarter. The Manufacturers Life Insurance Company now owns 7,376 shares of the company's stock valued at $353,000 after buying an additional 266 shares in the last quarter. Summit Investment Advisors Inc. boosted its holdings 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 worth $71,000 after acquiring an additional 288 shares during the period. Corebridge Financial Inc. boosted its holdings in shares of V2X by 7.1% in the fourth quarter. Corebridge Financial Inc. now owns 7,044 shares of the company's stock worth $337,000 after acquiring an additional 470 shares during the period. LPL Financial LLC grew its position in shares of V2X by 11.0% in the fourth quarter. LPL Financial LLC now owns 5,112 shares of the company's stock valued at $245,000 after purchasing an additional 508 shares in the last quarter. Finally, Edmond DE Rothschild Holding S.A. raised its stake in shares of V2X by 15.3% during the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 4,204 shares of the company's stock valued at $201,000 after purchasing an additional 558 shares during the period. 95.18% of the stock is currently owned by hedge funds and other institutional investors.
About V2X
(
Get Free Report)
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.
Further Reading
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