V2X (NYSE:VVX) Issues Quarterly Earnings Results

Key Points

• V2X reported earnings of $1.33 EPS for the quarter, exceeding estimates by $0.33, and posted a return on equity of 13.97% with a net margin of 0.96%.
• The company updated its FY 2025 guidance to a target of $4.650-4.950 EPS, indicating financial optimism moving forward.
• V2X's stock has seen significant changes in institutional investor positions, with Royal Bank of Canada increasing its holdings by 46.6% in the first quarter.

V2X (NYSE:VVX - Get Free Report) issued its quarterly earnings results on Monday. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.33, Zacks reports. The company had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.06 billion. V2X had a return on equity of 15.28% and a net margin of 1.63%. The business's quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.83 earnings per share. V2X updated its FY 2025 guidance to 4.650-4.950 EPS.

V2X Trading Down 5.2%

NYSE VVX traded down $2.78 during trading hours on Friday, hitting $50.53. 425,556 shares of the company's stock were exchanged, compared to its average volume of 248,059. The stock has a 50-day simple moving average of $47.49 and a 200 day simple moving average of $48.33. V2X has a 1-year low of $41.08 and a 1-year high of $69.75. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of 22.97, a PEG ratio of 0.60 and a beta of 0.27. The company has a current ratio of 1.20, a quick ratio of 1.16 and a debt-to-equity ratio of 1.02.

Insider Buying and Selling

In related news, SVP Richard L. Jr. Caputo sold 4,000 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $44.43, for a total transaction of $177,720.00. Following the completion of the sale, the senior vice president owned 15,869 shares of the company's stock, valued at $705,059.67. This trade represents a 20.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in V2X by 10.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 49,544 shares of the company's stock worth $2,430,000 after acquiring an additional 4,747 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in V2X by 22.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,867 shares of the company's stock worth $484,000 after acquiring an additional 1,826 shares in the last quarter. Jane Street Group LLC bought a new position in V2X in the first quarter worth approximately $329,000. Finally, Royal Bank of Canada boosted its holdings in V2X by 46.6% in the first quarter. Royal Bank of Canada now owns 5,813 shares of the company's stock worth $284,000 after acquiring an additional 1,847 shares in the last quarter. Institutional investors own 95.18% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Truist Financial decreased their price target on V2X from $68.00 to $55.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Wall Street Zen cut V2X from a "buy" rating to a "hold" rating in a research note on Friday, July 18th. Stifel Nicolaus set a $63.00 price target on V2X and gave the company a "buy" rating in a research note on Tuesday. Finally, Morgan Stanley assumed coverage on V2X in a research note on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 price target for the company. Two research analysts have rated the stock with a sell rating, two have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $63.60.

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.