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

Shares of V2X, Inc. (NYSE:VVX) have earned an average rating of “Hold” from the ten research firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $61.8750.

A number of equities research analysts have weighed in on the stock. Zacks Research upgraded shares of V2X from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. Citigroup increased their price objective on shares of V2X from $62.00 to $69.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Royal Bank Of Canada boosted their target price on V2X from $54.00 to $60.00 and gave the company a “sector perform” rating in a research report on Tuesday, November 4th. Stifel Nicolaus raised their price target on V2X from $63.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Finally, Truist Financial reaffirmed a “hold” rating and issued a $65.00 price objective on shares of V2X in a research note on Wednesday, January 14th.

Insider Activity

In other V2X news, Director Dino M. Cusumano sold 2,250,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the sale, the director directly owned 5,750,001 shares in the company, valued at $316,250,055. This represents a 28.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder American Industrial Partners C sold 2,250,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the completion of the transaction, the insider directly owned 5,750,001 shares of the company’s stock, valued at approximately $316,250,055. The trade was a 28.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 5,700,000 shares of company stock valued at $313,560,000. 1.10% of the stock is currently owned by corporate insiders.

Institutional Trading of V2X

Hedge funds have recently modified their holdings of the stock. Wellington Management Group LLP increased its holdings in V2X by 842.1% during the 3rd quarter. Wellington Management Group LLP now owns 803,517 shares of the company’s stock worth $46,676,000 after purchasing an additional 718,225 shares during the period. Reinhart Partners LLC. grew its position in shares of V2X by 206.8% during the third quarter. Reinhart Partners LLC. now owns 890,002 shares of the company’s stock worth $51,701,000 after buying an additional 599,921 shares in the last quarter. Boston Partners increased its stake in shares of V2X by 5,323.3% during the third quarter. Boston Partners now owns 553,235 shares of the company’s stock worth $32,139,000 after buying an additional 543,034 shares during the period. Bank of America Corp DE raised its holdings in V2X by 727.4% in the third quarter. Bank of America Corp DE now owns 466,863 shares of the company’s stock valued at $27,120,000 after acquiring an additional 410,438 shares in the last quarter. Finally, Ophir Asset Management Pty Ltd lifted its stake in V2X by 80.7% in the second quarter. Ophir Asset Management Pty Ltd now owns 613,343 shares of the company’s stock worth $28,980,000 after acquiring an additional 273,977 shares during the last quarter. 95.18% of the stock is currently owned by institutional investors and hedge funds.

V2X Price Performance

NYSE:VVX opened at $68.42 on Friday. V2X has a 52 week low of $41.08 and a 52 week high of $71.40. The stock’s fifty day moving average is $59.13 and its two-hundred day moving average is $56.66. The company has a market capitalization of $2.16 billion, a P/E ratio of 27.37, a P/E/G ratio of 0.61 and a beta of 0.11. The company has a quick ratio of 1.20, a current 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, topping analysts’ consensus estimates of $1.23 by $0.14. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.13 billion. V2X had a return on equity of 15.22% and a net margin of 1.81%.The company’s revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.29 EPS. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Equities analysts expect that V2X will post 4.16 EPS for the current year.

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.