V2X (NYSE:VVX) Shares Down 11.9% – What’s Next?

Shares of V2X, Inc. (NYSE:VVX) dropped 11.9% during mid-day trading on Wednesday . The company traded as low as $73.28 and last traded at $73.42. Approximately 208,175 shares traded hands during trading, a decline of 60% from the average session volume of 520,358 shares. The stock had previously closed at $83.29.

Wall Street Analysts Forecast Growth

Several brokerages have commented on VVX. BTIG Research reaffirmed a “buy” rating and issued a $90.00 price objective on shares of V2X in a research report on Wednesday, May 27th. The Goldman Sachs Group lifted their target price on V2X from $57.00 to $63.00 and gave the stock a “sell” rating in a research report on Monday, March 2nd. Citigroup reissued an “outperform” rating on shares of V2X in a research note on Tuesday, May 5th. Stifel Nicolaus upped their price target on shares of V2X from $77.50 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Noble Financial reaffirmed an “outperform” rating on shares of V2X in a research note on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, V2X presently has a consensus rating of “Moderate Buy” and a consensus price target of $80.60.

V2X Stock Down 10.8%

The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.96. The stock has a market cap of $2.33 billion, a P/E ratio of 26.66, a P/E/G ratio of 0.65 and a beta of 0.19. The company’s 50 day moving average price is $75.71 and its two-hundred day moving average price is $68.69.

V2X (NYSE:VVX) last announced its quarterly earnings data on Monday, May 4th. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.29. The company had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.13 billion. V2X had a return on equity of 16.94% and a net margin of 1.88%.V2X’s revenue was up 23.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.98 earnings per share. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. As a group, research analysts expect that V2X, Inc. will post 6.16 earnings per share for the current year.

Institutional Investors Weigh In On V2X

A number of hedge funds and other institutional investors have recently bought and sold shares of VVX. Wellington Management Group LLP lifted its holdings in shares of V2X by 842.1% during the 3rd quarter. Wellington Management Group LLP now owns 803,517 shares of the company’s stock valued at $46,676,000 after purchasing an additional 718,225 shares during the last quarter. Boston Partners grew its stake in V2X by 5,323.3% during the 3rd quarter. Boston Partners now owns 553,235 shares of the company’s stock worth $32,139,000 after buying an additional 543,034 shares during the last quarter. Reinhart Partners LLC. grew its stake in V2X by 60.6% during the 4th quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock worth $77,964,000 after buying an additional 539,209 shares during the last quarter. William Blair Investment Management LLC acquired a new position in V2X during the 4th quarter valued at about $25,685,000. Finally, Bank of America Corp DE increased its position in V2X by 727.4% during the 3rd quarter. Bank of America Corp DE now owns 466,863 shares of the company’s stock valued at $27,120,000 after buying an additional 410,438 shares in the last quarter. Hedge funds and other institutional investors 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.