V2X (NYSE:VVX) Sets New 1-Year High – Time to Buy?

V2X, Inc. (NYSE:VVX) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $68.51 and last traded at $67.4350, with a volume of 55766 shares. The stock had previously closed at $67.98.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Truist Financial reaffirmed a “hold” rating and set a $65.00 price objective on shares of V2X in a research report on Wednesday, January 14th. Royal Bank Of Canada lifted their price target on shares of V2X from $54.00 to $60.00 and gave the stock a “sector perform” rating in a research note on Tuesday, November 4th. Stifel Nicolaus increased their price target on shares of V2X from $63.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Zacks Research raised shares of V2X from a “hold” rating to a “strong-buy” rating in a report on Friday, October 17th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of V2X in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $61.88.

V2X Stock Up 2.0%

The firm’s fifty day moving average is $57.56 and its 200-day moving average is $55.99. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 13.67, a PEG ratio of 0.61 and a beta of 0.11. 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 released its earnings results on Monday, November 3rd. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.14. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates 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 in the previous year, the firm earned $1.29 earnings per share. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. On average, sell-side analysts predict that V2X, Inc. will post 4.16 earnings per share for the current year.

Insider Buying and Selling

In other news, major shareholder American Industrial Partners C sold 1,200,000 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $55.05, for a total value of $66,060,000.00. Following the sale, the insider owned 4,550,001 shares of the company’s stock, valued at approximately $250,477,555.05. The trade was a 20.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dino M. Cusumano sold 2,250,000 shares of the stock in a transaction on 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 transaction, the director owned 5,750,001 shares of the company’s stock, valued at $316,250,055. This trade represents a 28.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, 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 Investors Weigh In On V2X

A number of hedge funds and other institutional investors have recently made changes to their positions in VVX. Royal Bank of Canada boosted its stake in shares of V2X by 46.6% during the 1st quarter. Royal Bank of Canada now owns 5,813 shares of the company’s stock worth $284,000 after acquiring an additional 1,847 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in V2X by 22.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,867 shares of the company’s stock worth $484,000 after purchasing an additional 1,826 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in V2X by 10.6% during the first 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 during the period. Jane Street Group LLC acquired a new position in V2X during the first quarter valued at approximately $329,000. Finally, Kendall Capital Management bought a new position in shares of V2X in the second quarter valued at approximately $660,000. 95.18% of the stock is owned by hedge funds and other institutional investors.

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.