V2X (NYSE:VVX) Shares Gap Down – Time to Sell?

V2X, Inc. (NYSE:VVX) gapped down prior to trading on Friday . The stock had previously closed at $54.70, but opened at $53.01. V2X shares last traded at $53.2550, with a volume of 19,554 shares traded.

Wall Street Analyst Weigh In

A number of research analysts recently commented on VVX shares. Truist Financial boosted their price target on V2X from $58.00 to $65.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Morgan Stanley reissued an “underweight” rating and issued a $61.00 target price on shares of V2X in a report on Tuesday. Citigroup assumed coverage on shares of V2X in a research report on Thursday, December 11th. They set a “neutral” rating and a $62.00 target price for the company. Zacks Research upgraded shares of V2X from a “hold” rating to a “strong-buy” rating in a report on Friday, October 17th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of V2X in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $63.11.

V2X Stock Up 0.5%

The firm has a market cap of $1.69 billion, a P/E ratio of 21.40, a price-to-earnings-growth ratio of 0.55 and a beta of 0.12. The company’s 50-day simple moving average is $56.00 and its 200 day simple moving average is $53.47. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.20 and a quick ratio of 1.20.

V2X (NYSE:VVX) last announced its quarterly earnings results on Monday, November 3rd. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.13 billion. V2X had a net margin of 1.81% and a return on equity of 15.22%. The firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.29 EPS. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Research analysts anticipate that V2X, Inc. will post 4.16 EPS for the current fiscal year.

Insider Buying and Selling

In other news, major shareholder American Industrial Partners C sold 2,250,000 shares of the firm’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $55.00, for a total value of $123,750,000.00. Following the completion of the sale, the insider owned 5,750,001 shares in the company, valued at approximately $316,250,055. This trade represents a 28.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dino M. Cusumano 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 director directly owned 5,750,001 shares of the company’s stock, valued at approximately $316,250,055. This represents a 28.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 5,700,000 shares of company stock valued at $313,560,000. Company insiders own 1.10% of the company’s stock.

Institutional Trading of V2X

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tudor Investment Corp ET AL purchased a new position in shares of V2X during the third quarter valued at approximately $1,462,000. Coldstream Capital Management Inc. bought a new stake in shares of V2X during the 3rd quarter worth approximately $392,000. Virtus Advisers LLC purchased a new position in V2X during the 3rd quarter valued at $1,005,000. Susquehanna Fundamental Investments LLC bought a new position in V2X in the 3rd quarter valued at $579,000. Finally, Qube Research & Technologies Ltd increased its stake in V2X by 8.3% in the third quarter. Qube Research & Technologies Ltd now owns 170,063 shares of the company’s stock worth $9,879,000 after purchasing an additional 12,977 shares during the period. 95.18% of the stock is owned by hedge funds and other institutional investors.

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.