Shares of V2X, Inc. (NYSE:VVX – Get Free Report) have received a consensus rating of “Moderate Buy” from the nine research firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $66.50.
VVX has been the subject of several analyst reports. Robert W. Baird initiated coverage on V2X in a research report on Friday, October 11th. They issued an “outperform” rating and a $75.00 target price for the company. The Goldman Sachs Group began coverage on V2X in a research report on Thursday, December 12th. They set a “sell” rating and a $54.00 price target on the stock. JMP Securities reaffirmed a “market outperform” rating and issued a $80.00 price objective on shares of V2X in a research report on Friday, January 17th. Raymond James reissued an “outperform” rating and set a $65.00 target price (down from $72.00) on shares of V2X in a research report on Thursday, January 2nd. Finally, Citigroup assumed coverage on shares of V2X in a report on Tuesday. They set a “buy” rating and a $64.00 price target for the company.
Read Our Latest Research Report on VVX
Insider Activity at V2X
Institutional Investors Weigh In On V2X
Several institutional investors and hedge funds have recently made changes to their positions in the company. Assenagon Asset Management S.A. increased its stake in V2X by 1.9% during the third quarter. Assenagon Asset Management S.A. now owns 20,778 shares of the company’s stock valued at $1,161,000 after purchasing an additional 394 shares during the last quarter. US Bancorp DE boosted its holdings in shares of V2X by 81.0% in the 3rd quarter. US Bancorp DE now owns 1,028 shares of the company’s stock valued at $57,000 after buying an additional 460 shares during the period. Lakewood Asset Management LLC grew its position in shares of V2X by 8.1% during the 3rd quarter. Lakewood Asset Management LLC now owns 6,185 shares of the company’s stock valued at $345,000 after buying an additional 462 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in V2X by 6.9% during the second quarter. The Manufacturers Life Insurance Company now owns 7,225 shares of the company’s stock worth $347,000 after acquiring an additional 468 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its holdings in V2X by 51.9% in the fourth 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 last quarter. 95.18% of the stock is owned by institutional investors and hedge funds.
V2X Trading Down 1.1 %
NYSE VVX opened at $53.08 on Monday. The firm has a market capitalization of $1.68 billion, a price-to-earnings ratio of 189.59, a PEG ratio of 0.60 and a beta of 0.59. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. V2X has a one year low of $37.04 and a one year high of $69.75. The company’s 50 day moving average price is $53.80 and its 200 day moving average price is $54.76.
V2X (NYSE:VVX – Get Free Report) last issued its earnings results on Monday, November 4th. The company reported $1.29 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.22. V2X had a net margin of 0.22% and a return on equity of 13.49%. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the firm posted $0.73 EPS. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. On average, sell-side analysts predict 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.
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