V2X (NYSE:VVX) Announces Quarterly Earnings Results, Beats Estimates By $0.06 EPS

V2X (NYSE:VVX - Get Free Report) issued its earnings results on Monday. The company reported $0.98 earnings per share for the quarter, beating analysts' consensus estimates of $0.92 by $0.06, Zacks reports. V2X had a net margin of 0.22% and a return on equity of 13.49%. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter last year, the business posted $0.90 earnings per share. The company's quarterly revenue was up .5% on a year-over-year basis. V2X updated its FY 2025 guidance to 4.450-4.850 EPS.

V2X Trading Down 0.1 %

VVX stock traded down $0.05 during midday trading on Friday, hitting $50.65. The stock had a trading volume of 123,294 shares, compared to its average volume of 188,476. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09. The firm has a market cap of $1.60 billion, a P/E ratio of 180.90, a price-to-earnings-growth ratio of 0.61 and a beta of 0.27. The business has a fifty day moving average price of $48.91 and a two-hundred day moving average price of $52.14. V2X has a 1-year low of $41.08 and a 1-year high of $69.75.

Wall Street Analysts Forecast Growth

VVX has been the topic of a number of research reports. Citigroup started coverage on V2X in a research report on Tuesday, January 21st. They set a "buy" rating and a $64.00 price objective on the stock. JMP Securities reaffirmed a "market outperform" rating and issued a $80.00 price objective on shares of V2X in a research note on Friday, January 17th. Royal Bank of Canada cut their target price on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. Raymond James decreased their price target 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. Finally, Morgan Stanley assumed coverage on shares of V2X in a report on Wednesday, April 16th. They set an "underweight" rating and a $51.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $63.67.

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.