V2X's (VVX) "Hold (C)" Rating Reiterated at Weiss Ratings

Key Points

• V2X's stock has been reiterated with a "hold (C)" rating by Weiss Ratings, amidst varying opinions from other analysts, including a "buy" rating from Stifel Nicolaus with a target price of $63.00.
• Major shareholder American Industrial Partners C sold 1.7 million shares at an average price of $52.20, representing a decrease in their position by 17.53%.
• V2X reported impressive quarterly earnings with an EPS of $1.33, exceeding analysts' estimates, and increasing revenue year-over-year, indicating solid financial performance.

V2X (NYSE:VVX - Get Free Report)'s stock had its "hold (c)" rating reissued by Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

A number of other equities analysts have also commented on the stock. Stifel Nicolaus set a $63.00 price objective on shares of V2X and gave the stock a "buy" rating in a research note on Tuesday, August 5th. The Goldman Sachs Group increased their target price on shares of V2X from $45.00 to $50.00 and gave the stock a "sell" rating in a research report on Wednesday, August 13th. Morgan Stanley increased their target price on shares of V2X from $51.00 to $55.00 and gave the stock an "underweight" rating in a research report on Friday, September 19th. Wall Street Zen upgraded shares of V2X from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 30th. Finally, Bank of America upgraded shares of V2X from a "neutral" rating to a "buy" rating and increased their target price for the stock from $55.00 to $65.00 in a research report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $63.73.

V2X Trading Up 1.2%

V2X stock traded up $0.72 during midday trading on Wednesday, reaching $59.93. The stock had a trading volume of 78,919 shares, compared to its average volume of 280,910. The firm's fifty day simple moving average is $56.13 and its two-hundred day simple moving average is $50.78. V2X has a twelve month low of $41.08 and a twelve month high of $69.75. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 27.24, a PEG ratio of 0.62 and a beta of 0.25.

V2X (NYSE:VVX - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The company reported $1.33 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the business posted $0.83 EPS. The company's revenue was up .6% on a year-over-year basis. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Equities analysts anticipate that V2X will post 4.16 EPS for the current fiscal year.

Insider Buying and Selling at V2X

In other news, major shareholder American Industrial Partners C sold 1,700,000 shares of the business's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $52.20, for a total transaction of $88,740,000.00. Following the transaction, the insider owned 8,000,001 shares in the company, valued at approximately $417,600,052.20. The trade was a 17.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Dino M. Cusumano sold 2,000,000 shares of the business's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $50.00, for a total transaction of $100,000,000.00. Following the transaction, the director owned 9,700,001 shares in the company, valued at approximately $485,000,050. The trade was a 17.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,400,000 shares of company stock worth $277,480,000 in the last quarter. Insiders own 0.88% of the company's stock.

Institutional Trading of V2X

Institutional investors have recently made changes to their positions in the business. Ameritas Advisory Services LLC acquired a new position in V2X in the second quarter valued at about $25,000. CWM LLC boosted its position 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 buying an additional 698 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of V2X by 140.0% during the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company's stock worth $52,000 after purchasing an additional 623 shares in the last quarter. New York State Teachers Retirement System acquired a new position in shares of V2X during the second quarter worth approximately $73,000. Finally, Ameritas Investment Partners Inc. lifted its position in shares of V2X by 18.6% during the second quarter. Ameritas Investment Partners Inc. now owns 1,757 shares of the company's stock worth $85,000 after purchasing an additional 275 shares in the last quarter. 95.18% of the stock is currently owned by institutional investors and hedge funds.

About V2X

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.

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