V2X (NYSE:VVX – Get Free Report) is anticipated to release its results after the market closes on Monday, November 3rd. Analysts expect V2X to post earnings of $1.23 per share and revenue of $1.1348 billion for the quarter. V2X has set its FY 2025 guidance at 4.650-4.950 EPS.
V2X (NYSE:VVX – Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the business earned $0.83 earnings per share. The business’s quarterly revenue was up .6% compared to the same quarter last year. On average, analysts expect V2X to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
V2X Price Performance
Shares of NYSE VVX opened at $61.41 on Monday. The firm’s 50-day moving average price is $57.42 and its 200-day moving average price is $51.68. V2X has a 1-year low of $41.08 and a 1-year high of $69.75. The firm has a market capitalization of $1.95 billion, a P/E ratio of 27.91, a P/E/G ratio of 0.63 and a beta of 0.25. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.02.
Insider Activity
Institutional Investors Weigh In On V2X
A number of institutional investors have recently added to or reduced their stakes in the company. Bridgeway Capital Management LLC grew its position in V2X by 2.7% in the 2nd quarter. Bridgeway Capital Management LLC now owns 230,957 shares of the company’s stock worth $11,213,000 after purchasing an additional 5,965 shares in the last quarter. Qube Research & Technologies Ltd grew its position in V2X by 30.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 157,086 shares of the company’s stock worth $7,627,000 after purchasing an additional 36,699 shares in the last quarter. Federated Hermes Inc. grew its position in V2X by 10.2% in the 2nd quarter. Federated Hermes Inc. now owns 89,806 shares of the company’s stock worth $4,360,000 after purchasing an additional 8,339 shares in the last quarter. Bank of America Corp DE grew its position in V2X by 258.8% in the 2nd quarter. Bank of America Corp DE now owns 56,425 shares of the company’s stock worth $2,739,000 after purchasing an additional 40,699 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in V2X by 10.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 49,544 shares of the company’s stock worth $2,430,000 after purchasing an additional 4,747 shares in the last quarter. 95.18% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the stock. Morgan Stanley upped their price objective on shares of V2X from $51.00 to $55.00 and gave the company an “underweight” rating in a report on Friday, September 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of V2X in a report on Friday. Wall Street Zen upgraded shares of V2X from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 30th. Zacks Research raised shares of V2X from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. Finally, Bank of America raised shares of V2X from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $55.00 to $65.00 in a research report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $62.60.
View Our Latest Research Report on VVX
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.
Read More
- Five stocks we like better than V2X
- How Can Investors Benefit From After-Hours Trading
- PulteGroup Is Down But Not Out—Here’s What Wall Street Missed
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Cleveland-Cliffs Breaks to New Highs on Earnings, More Upside?
- Investing in Travel Stocks Benefits
- Is Landstar the Next Big Winner in Transportation Stocks?
Receive News & Ratings for V2X Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for V2X and related companies with MarketBeat.com's FREE daily email newsletter.
