By otakuyassine3@gmail.com 
Shares of V2X, Inc. (NYSE:VVX – Get Free Report) have been given a consensus rating of “Moderate Buy” by the eight research firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $67.86.
A number of research analysts recently commented on VVX shares. Raymond James upped their price objective on V2X from $60.00 to $72.00 and gave the company a “strong-buy” rating in a report on Tuesday, November 5th. JMP Securities upped their price target on V2X from $65.00 to $80.00 and gave the company a “market outperform” rating in a research note on Tuesday, November 5th. Baird R W upgraded shares of V2X to a “strong-buy” rating in a research report on Friday, October 11th. Royal Bank of Canada restated a “sector perform” rating and issued a $58.00 price objective (down from $70.00) on shares of V2X in a report on Thursday, December 19th. Finally, BTIG Research began coverage on shares of V2X in a report on Monday, November 25th. They issued a “buy” rating and a $80.00 target price for the company.
Read Our Latest Analysis on VVX
V2X Stock Up 2.6 %
NYSE VVX opened at $48.21 on Thursday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. The business has a fifty day moving average price of $58.86 and a 200 day moving average price of $54.55. The company has a market cap of $1.52 billion, a P/E ratio of 172.18 and a beta of 0.55. V2X has a one year low of $37.04 and a one year high of $69.75.
V2X (NYSE:VVX – Get Free Report) last issued its earnings results on Monday, November 4th. The company reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.22. V2X had a return on equity of 13.49% and a net margin of 0.22%. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.07 billion. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.73 EPS. Research analysts anticipate that V2X will post 4.14 EPS for the current fiscal year.
Insider Buying and Selling
In other V2X news, General Counsel Jeremy John Nance sold 2,500 shares of V2X stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $61.43, for a total value of $153,575.00. Following the transaction, the general counsel now directly owns 10,634 shares in the company, valued at approximately $653,246.62. The trade was a 19.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.10% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On V2X
Several hedge funds have recently made changes to their positions in VVX. Quest Partners LLC grew its position in V2X by 112.3% in the 2nd quarter. Quest Partners LLC now owns 673 shares of the company’s stock valued at $32,000 after buying an additional 356 shares during the last quarter. US Bancorp DE lifted its stake in shares of V2X by 81.0% in the 3rd quarter. US Bancorp DE now owns 1,028 shares of the company’s stock worth $57,000 after acquiring an additional 460 shares during the period. nVerses Capital LLC purchased a new stake in shares of V2X in the third quarter valued at about $95,000. SG Americas Securities LLC purchased a new stake in shares of V2X in the third quarter valued at about $199,000. Finally, Quadrature Capital Ltd acquired a new position in shares of V2X during the third quarter worth about $207,000. Institutional investors and hedge funds own 95.18% of the company’s stock.
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.
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