V2X, Inc. (NYSE:VVX) Receives Average Recommendation of “Hold” from Analysts

Shares of V2X, Inc. (NYSE:VVXGet Free Report) have been assigned an average rating of “Hold” from the eleven analysts that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $63.1111.

VVX has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of V2X in a research note on Monday. Zacks Research upgraded V2X from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. Citigroup initiated coverage on V2X in a research note on Thursday, December 11th. They set a “neutral” rating and a $62.00 price objective for the company. Truist Financial increased their target price on V2X from $58.00 to $65.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Finally, Royal Bank Of Canada boosted their target price on V2X from $54.00 to $60.00 and gave the stock a “sector perform” rating in a research report on Tuesday, November 4th.

Read Our Latest Stock Analysis on VVX

V2X Price Performance

Shares of VVX stock opened at $54.65 on Thursday. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 21.86, a PEG ratio of 0.56 and a beta of 0.12. V2X has a 12 month low of $41.08 and a 12 month high of $63.74. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.01. The stock has a 50-day moving average price of $56.10 and a 200 day moving average price of $53.47.

V2X (NYSE:VVXGet Free Report) last released its earnings results on Monday, November 3rd. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. V2X had a net margin of 1.81% and a return on equity of 15.22%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the prior year, the company posted $1.29 EPS. The company’s revenue was up 7.9% compared to the same quarter last year. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Research analysts expect that V2X will post 4.16 EPS for the current year.

Insider Activity at V2X

In related news, major shareholder American Industrial Partners C sold 2,250,000 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the completion of the transaction, the insider owned 5,750,001 shares in the company, valued at approximately $316,250,055. The trade was a 28.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dino M. Cusumano sold 2,250,000 shares of the stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the completion of the sale, the director owned 5,750,001 shares in the company, valued at approximately $316,250,055. This trade represents a 28.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 5,700,000 shares of company stock worth $313,560,000 in the last three months. 1.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Comerica Bank increased its stake in 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 last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of V2X by 1.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 16,445 shares of the company’s stock valued at $955,000 after acquiring an additional 223 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in shares of V2X by 18.6% in the second quarter. Ameritas Investment Partners Inc. now owns 1,757 shares of the company’s stock valued at $85,000 after acquiring an additional 275 shares during the last quarter. Jain Global LLC raised its holdings in V2X by 5.1% during the third quarter. Jain Global LLC now owns 5,907 shares of the company’s stock worth $343,000 after acquiring an additional 287 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. boosted its position in V2X by 7.1% during the second quarter. BOK Financial Private Wealth Inc. now owns 5,399 shares of the company’s stock valued at $262,000 after purchasing an additional 356 shares during the last quarter. 95.18% of the stock is currently owned by institutional investors.

About V2X

(Get Free Report)

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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Analyst Recommendations for V2X (NYSE:VVX)

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