V2X, Inc. (NYSE:VVX) Given Consensus Rating of “Hold” by Analysts

Shares of V2X, Inc. (NYSE:VVX) have been given an average rating of “Hold” by the eleven analysts that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $63.1111.

Several research firms have recently issued reports on VVX. Truist Financial increased their price target on V2X from $58.00 to $65.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Morgan Stanley reiterated an “underweight” rating and issued a $61.00 target price on shares of V2X in a research report on Tuesday, December 16th. Royal Bank Of Canada raised their target price on shares of V2X from $54.00 to $60.00 and gave the company a “sector perform” rating in a research note on Tuesday, November 4th. Stifel Nicolaus upped their price target on shares of V2X from $63.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Finally, Citigroup started coverage on shares of V2X in a report on Thursday, December 11th. They issued a “neutral” rating and a $62.00 price objective for the company.

V2X Price Performance

NYSE VVX opened at $62.76 on Monday. The company has a 50-day moving average price of $55.56 and a two-hundred day moving average price of $54.92. V2X has a 52 week low of $41.08 and a 52 week high of $63.74. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of 25.10, a price-to-earnings-growth ratio of 0.56 and a beta of 0.11. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.01.

V2X (NYSE:VVX) last released its quarterly earnings results on Monday, November 3rd. The company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. V2X had a return on equity of 15.22% and a net margin of 1.81%.The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the previous year, the company posted $1.29 earnings per share. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Analysts forecast that V2X will post 4.16 EPS for the current year.

Insiders Place Their Bets

In related news, major shareholder American Industrial Partners C sold 2,250,000 shares of V2X stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the transaction, the insider directly owned 5,750,001 shares of the company’s stock, valued at $316,250,055. The trade was a 28.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dino M. Cusumano sold 2,250,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the completion of the sale, the director owned 5,750,001 shares in the company, valued at approximately $316,250,055. This trade represents a 28.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 5,700,000 shares of company stock valued at $313,560,000. 0.88% of the stock is currently owned by corporate insiders.

Institutional Trading of V2X

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. purchased a new stake in shares of V2X in the second quarter valued at $1,483,000. Kendall Capital Management acquired a new position in V2X during the second quarter valued at $660,000. Geode Capital Management LLC lifted its stake in V2X by 2.8% in the 2nd quarter. Geode Capital Management LLC now owns 374,553 shares of the company’s stock worth $18,186,000 after acquiring an additional 10,062 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in V2X during the 1st quarter worth about $506,000. Finally, Ieq Capital LLC purchased a new position in V2X during the 1st quarter valued at about $207,000. 95.18% of the stock is 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.