V2X (VVX) Expected to Announce Quarterly Earnings on Monday

V2X (NYSE:VVX) will likely be announcing its earnings results after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $0.91 per share and revenue of $1.04 billion for the quarter.

V2X Stock Performance

Shares of VVX stock opened at $49.42 on Friday. The stock’s 50-day moving average is $48.61 and its two-hundred day moving average is $52.61. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. V2X has a 1 year low of $41.08 and a 1 year high of $69.75. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 176.51, a PEG ratio of 0.61 and a beta of 0.45.

Analyst Upgrades and Downgrades

Several research analysts have commented on VVX shares. Royal Bank of Canada cut their price target on V2X from $58.00 to $54.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. Morgan Stanley started coverage on shares of V2X in a research report on Wednesday, April 16th. They issued an “underweight” rating and a $51.00 price target for the company. JMP Securities reissued a “market outperform” rating and set a $80.00 price objective on shares of V2X in a research report on Friday, January 17th. Truist Financial reduced their target price on shares of V2X from $68.00 to $55.00 and set a “buy” rating for the company in a report on Monday, April 14th. Finally, Raymond James lowered their price target on V2X from $65.00 to $60.00 and set an “outperform” rating on the stock in a report on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $62.90.

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.