V2X (NYSE:VVX) Raised to Strong-Buy at Wall Street Zen

Key Points

• V2X (NYSE: VVX) received an upgrade from "buy" to "strong-buy" according to Wall Street Zen, reflecting increasing analyst confidence in the company's potential.
• The stock is currently rated as a "Moderate Buy" with a consensus price target of $63.36 after several analysts adjusted their price objectives following solid quarterly earnings.
• Recent insider trading includes a significant sale by Director Dino M. Cusumano, who sold 2 million shares valued at $100 million, reducing his ownership by 17.09%.

Wall Street Zen upgraded shares of V2X (NYSE:VVX - Free Report) from a buy rating to a strong-buy rating in a research note released on Saturday.

Several other research analysts have also recently issued reports on VVX. Bank of America upgraded shares of V2X from a "neutral" rating to a "buy" rating and upped their target price for the company from $55.00 to $65.00 in a report on Wednesday, August 13th. Stifel Nicolaus set a $63.00 target price on V2X and gave the company a "buy" rating in a report on Tuesday, August 5th. Finally, The Goldman Sachs Group lifted their price objective on V2X from $45.00 to $50.00 and gave the stock a "sell" rating in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, V2X currently has a consensus rating of "Moderate Buy" and a consensus price target of $63.36.

V2X Price Performance

Shares of VVX traded up $0.11 during mid-day trading on Friday, hitting $55.38. 233,824 shares of the company were exchanged, compared to its average volume of 418,751. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.20 and a current ratio of 1.20. V2X has a 1-year low of $41.08 and a 1-year high of $69.75. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 25.17, a price-to-earnings-growth ratio of 0.57 and a beta of 0.30. The company has a 50 day moving average of $52.41 and a 200-day moving average of $49.26.

V2X (NYSE:VVX - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.33. V2X had a net margin of 1.63% and a return on equity of 15.28%. The firm had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.06 billion. During the same quarter in the previous year, the company posted $0.83 EPS. The company's revenue was up .6% compared to the same quarter last year. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Analysts expect that V2X will post 4.16 EPS for the current fiscal year.

Insider Activity

In related news, Director Dino M. Cusumano sold 2,000,000 shares of V2X stock in a transaction on Monday, August 11th. The shares were sold at an average price of $50.00, for a total transaction of $100,000,000.00. Following the sale, the director owned 9,700,001 shares of the company's stock, valued at $485,000,050. The trade was a 17.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.10% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Ameritas Advisory Services LLC acquired a new position in shares of V2X during the 2nd quarter worth about $25,000. State of Wyoming bought a new position in V2X during the 4th quarter worth about $45,000. Whipplewood Advisors LLC lifted its holdings 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 purchasing an additional 976 shares in the last quarter. CWM LLC lifted its stake in 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 last quarter. Finally, Osaic Holdings Inc. raised its stake in V2X by 140.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company's stock valued at $52,000 after acquiring an additional 623 shares during the period. 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.