Rice Hall James & Associates LLC purchased a new stake in shares of V2X, Inc. (NYSE:VVX – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 28,733 shares of the company’s stock, valued at approximately $2,142,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Royal Bank of Canada raised its position 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 buying an additional 1,847 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake 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 valued at $484,000 after buying an additional 1,826 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of V2X by 10.6% during 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 valued at $2,430,000 after purchasing an additional 4,747 shares in the last quarter. Jane Street Group LLC bought a new stake in V2X during the first quarter worth approximately $329,000. Finally, Rhumbline Advisers boosted its stake in shares of V2X by 20.8% during the 2nd quarter. Rhumbline Advisers now owns 27,992 shares of the company’s stock worth $1,359,000 after acquiring an additional 4,824 shares in the last quarter. 95.18% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
VVX has been the topic of a number of analyst reports. Truist Financial reissued a “hold” rating and issued a $85.00 price target (up from $70.00) on shares of V2X in a research note on Tuesday, August 4th. Stifel Nicolaus set a $102.00 price objective on shares of V2X in a research note on Tuesday, August 4th. Zacks Research cut shares of V2X from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. BTIG Research reissued a “buy” rating and issued a $90.00 target price on shares of V2X in a research report on Wednesday, May 27th. Finally, Robert W. Baird restated a “neutral” rating and set a $94.00 price target on shares of V2X in a report on Tuesday, August 4th. Six investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $86.90.
V2X Stock Down 1.7%
VVX stock opened at $81.25 on Wednesday. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.92. V2X, Inc. has a 1 year low of $50.89 and a 1 year high of $93.98. The company has a fifty day simple moving average of $80.76 and a 200 day simple moving average of $74.13. The firm has a market cap of $2.55 billion, a PE ratio of 28.02, a PEG ratio of 0.65 and a beta of 0.21.
V2X (NYSE:VVX – Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.20. V2X had a return on equity of 17.52% and a net margin of 1.88%.The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the business earned $1.33 EPS. The firm’s revenue was up 16.5% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. Sell-side analysts anticipate that V2X, Inc. will post 6.27 EPS for the current fiscal year.
V2X 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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