Analysts Set V2X, Inc. (NYSE:VVX) Price Target at $80.60
by Sarita Garza · The Markets DailyShares of V2X, Inc. (NYSE:VVX – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $80.60.
Several research analysts have recently issued reports on VVX shares. Bank of America upped their price objective on V2X from $78.00 to $93.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Citigroup reaffirmed an “outperform” rating on shares of V2X in a research report on Tuesday, May 5th. Weiss Ratings raised V2X from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Morgan Stanley upped their target price on V2X from $74.00 to $80.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Finally, Robert W. Baird set a $94.00 target price on V2X in a research report on Tuesday, February 24th.
Read Our Latest Analysis on VVX
V2X Trading Down 0.1%
NYSE:VVX opened at $84.88 on Thursday. The stock has a 50-day simple moving average of $71.80 and a 200-day simple moving average of $66.17. The stock has a market cap of $2.66 billion, a P/E ratio of 30.42, a P/E/G ratio of 0.68 and a beta of 0.19. V2X has a 1 year low of $43.76 and a 1 year high of $87.57. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.25 and a current ratio of 1.25.
V2X (NYSE:VVX – Get Free Report) last released 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 business had revenue of $1.25 billion during 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%.The business’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.98 EPS. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. As a group, analysts anticipate that V2X will post 6.16 earnings per share for the current fiscal year.
Insider Activity
In related news, major shareholder American Industrial Partners C sold 2,545,432 shares of the company’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $68.21, for a total value of $173,623,916.72. Following the completion of the sale, the insider directly owned 2,004,569 shares of the company’s stock, valued at $136,731,651.49. This represents a 55.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.99% of the stock is currently owned by company insiders.
Institutional Trading of V2X
A number of large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its position in shares of V2X by 12.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,503,707 shares of the company’s stock valued at $103,001,000 after purchasing an additional 169,980 shares during the period. Vanguard Group Inc. boosted its position in shares of V2X by 20.6% in the 4th quarter. Vanguard Group Inc. now owns 1,434,711 shares of the company’s stock valued at $78,263,000 after purchasing an additional 245,149 shares during the period. Reinhart Partners LLC. boosted its position in shares of V2X by 60.6% in the 4th quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock valued at $77,964,000 after purchasing an additional 539,209 shares during the period. State Street Corp raised its stake in V2X by 23.6% during the 4th quarter. State Street Corp now owns 1,192,058 shares of the company’s stock valued at $65,027,000 after acquiring an additional 227,804 shares during the last quarter. Finally, Ophir Asset Management Pty Ltd raised its stake in V2X by 10.9% during the 4th quarter. Ophir Asset Management Pty Ltd now owns 912,274 shares of the company’s stock valued at $49,765,000 after acquiring an additional 89,957 shares during the last quarter. 95.18% of the stock is owned by institutional investors and hedge funds.
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.
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