Citigroup Forecasts Strong Price Appreciation for V2X (NYSE:VVX) Stock

V2X (NYSE:VVX) had its price objective increased by equities researchers at Citigroup from $69.00 to $72.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Citigroup’s price target would indicate a potential upside of 3.40% from the stock’s previous close.

Other equities analysts have also issued research reports about the company. Robert W. Baird set a $94.00 target price on V2X in a research note on Tuesday, February 24th. Royal Bank Of Canada boosted their price target on shares of V2X from $60.00 to $70.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 24th. The Goldman Sachs Group increased their price target on shares of V2X from $57.00 to $63.00 and gave the stock a “sell” rating in a research report on Monday, March 2nd. Weiss Ratings raised shares of V2X from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 27th. Finally, Morgan Stanley lifted their price objective on shares of V2X from $61.00 to $66.00 and gave the company an “underweight” rating in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $72.56.

V2X Trading Up 0.3%

Shares of VVX stock traded up $0.20 during trading hours on Thursday, hitting $69.63. The company had a trading volume of 103,430 shares, compared to its average volume of 506,948. The stock has a market capitalization of $2.18 billion, a PE ratio of 28.55, a price-to-earnings-growth ratio of 0.58 and a beta of 0.14. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.22 and a quick ratio of 1.22. V2X has a fifty-two week low of $42.09 and a fifty-two week high of $75.00. The company’s fifty day moving average is $68.62 and its 200 day moving average is $61.30.

V2X (NYSE:VVX) last released its quarterly earnings results on Monday, February 23rd. The company reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.23. V2X had a return on equity of 15.64% and a net margin of 1.74%.The company had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the prior year, the firm earned $1.33 earnings per share. The firm’s revenue was up 5.3% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. Research analysts expect that V2X will post 4.16 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, major shareholder American Industrial Partners C sold 2,545,432 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $68.21, for a total transaction of $173,623,916.72. Following the completion of the transaction, the insider directly owned 2,004,569 shares of the company’s stock, valued at $136,731,651.49. The trade was a 55.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.10% of the stock is owned by insiders.

Institutional Investors Weigh In On V2X

Hedge funds have recently bought and sold shares of the stock. Comerica Bank boosted its stake in shares of V2X by 79.1% in the 3rd quarter. Comerica Bank now owns 480 shares of the company’s stock valued at $28,000 after buying an additional 212 shares during the period. Larson Financial Group LLC increased its stake in shares of V2X by 207.3% during the third quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock worth $44,000 after buying an additional 512 shares during the period. LRI Investments LLC acquired a new stake in V2X in the third quarter valued at approximately $57,000. CWM LLC raised its holdings in V2X by 188.9% in the third quarter. CWM LLC now owns 1,037 shares of the company’s stock valued at $60,000 after acquiring an additional 678 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its stake in V2X by 140.0% in the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock worth $52,000 after acquiring an additional 623 shares during the last quarter. Institutional investors and hedge funds own 95.18% of the company’s stock.

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.