V2X (NYSE:VVX) Coverage Initiated at Morgan Stanley

Equities research analysts at Morgan Stanley assumed coverage on shares of V2X (NYSE:VVX) in a research report issued on Wednesday,Briefing.com Automated Import reports. The firm set an “underweight” rating and a $51.00 price target on the stock. Morgan Stanley’s price objective would suggest a potential upside of 4.66% from the company’s previous close.

Several other analysts have also weighed in on VVX. Royal Bank of Canada decreased their price objective on V2X from $58.00 to $54.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. Citigroup initiated coverage on shares of V2X in a report on Tuesday, January 21st. They issued a “buy” rating and a $64.00 target price on the stock. JMP Securities reaffirmed a “market outperform” rating and set a $80.00 price target on shares of V2X in a report on Friday, January 17th. Raymond James reduced their price target on shares of V2X from $65.00 to $60.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 25th. Finally, Truist Financial decreased their price target on V2X from $68.00 to $55.00 and set a “buy” rating on the stock in a report on Monday. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, V2X has a consensus rating of “Moderate Buy” and an average price target of $62.90.

V2X Trading Down 2.5 %

V2X stock opened at $48.73 on Wednesday. The business’s 50-day simple moving average is $47.86 and its 200-day simple moving average is $53.62. V2X has a 52 week low of $41.08 and a 52 week high of $69.75. The firm has a market capitalization of $1.54 billion, a PE ratio of 174.04, a PEG ratio of 0.61 and a beta of 0.45. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08.

Hedge Funds Weigh In On V2X

Several hedge funds have recently modified their holdings of VVX. State of Wyoming bought a new stake in V2X during the fourth quarter worth $45,000. Whipplewood Advisors LLC increased its position in V2X by 4,066.7% during the first quarter. Whipplewood Advisors LLC now owns 1,000 shares of the company’s stock worth $49,000 after buying an additional 976 shares during the last quarter. Summit Investment Advisors Inc. raised its stake in V2X by 24.1% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company’s stock valued at $71,000 after buying an additional 288 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of V2X by 51.9% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company’s stock worth $114,000 after acquiring an additional 814 shares during the period. Finally, KLP Kapitalforvaltning AS bought a new stake in V2X in the 4th quarter valued at $134,000. Institutional investors own 95.18% of the company’s stock.

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.