V2X (NYSE:VVX) Hits New 1-Year High Following Analyst Upgrade

Shares of V2X, Inc. (NYSE:VVX) hit a new 52-week high on Tuesday after The Goldman Sachs Group raised their price target on the stock from $57.00 to $63.00. The Goldman Sachs Group currently has a sell rating on the stock. V2X traded as high as $73.38 and last traded at $73.25, with a volume of 293956 shares trading hands. The stock had previously closed at $70.97.

A number of other research firms also recently weighed in on VVX. Morgan Stanley increased their target price on shares of V2X from $61.00 to $66.00 and gave the company an “underweight” rating in a research report on Wednesday, February 25th. Truist Financial restated a “hold” rating and issued a $68.00 target price (up from $65.00) on shares of V2X in a report on Tuesday, February 24th. Citigroup upped their price target on shares of V2X from $62.00 to $69.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Stifel Nicolaus increased their price target on V2X from $63.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Finally, BTIG Research lifted their price objective on V2X from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $72.22.

Insider Buying and Selling

In related news, major shareholder American Industrial Partners C sold 1,200,000 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $55.05, for a total transaction of $66,060,000.00. Following the transaction, the insider directly owned 4,550,001 shares of the company’s stock, valued at approximately $250,477,555.05. This represents a 20.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is owned by insiders.

Hedge Funds Weigh In On V2X

A number of institutional investors have recently modified their holdings of the company. Comerica Bank lifted its stake in shares of V2X by 79.1% in the third quarter. Comerica Bank now owns 480 shares of the company’s stock valued at $28,000 after buying an additional 212 shares in the last quarter. Larson Financial Group LLC lifted its position in V2X by 207.3% in the 3rd quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock valued at $44,000 after acquiring an additional 512 shares in the last quarter. Osaic Holdings Inc. boosted its stake in V2X by 140.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after purchasing an additional 623 shares during the last quarter. LRI Investments LLC bought a new stake in V2X during the 3rd quarter worth approximately $57,000. Finally, CWM LLC increased its holdings in V2X by 188.9% during the 3rd quarter. CWM LLC now owns 1,037 shares of the company’s stock worth $60,000 after purchasing an additional 678 shares in the last quarter. 95.18% of the stock is owned by institutional investors and hedge funds.

V2X Trading Up 4.0%

The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.00. The firm has a 50 day moving average price of $64.74 and a 200 day moving average price of $59.42. The stock has a market capitalization of $2.30 billion, a PE ratio of 30.24, a P/E/G ratio of 0.59 and a beta of 0.13.

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