V2X, Inc. (NYSE:VVX) Receives Consensus Rating of “Hold” from Brokerages

Shares of V2X, Inc. (NYSE:VVX) have been assigned a consensus rating of “Hold” from the ten brokerages that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $61.8750.

Several equities research analysts recently issued reports on the company. Stifel Nicolaus lifted their price objective on V2X from $63.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Citigroup lifted their price target on V2X from $62.00 to $69.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Morgan Stanley reissued an “underweight” rating and issued a $61.00 price objective on shares of V2X in a research note on Tuesday, December 16th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of V2X in a research note on Monday, December 29th. Finally, Truist Financial reaffirmed a “hold” rating and set a $65.00 target price on shares of V2X in a report on Wednesday, January 14th.

Insider Transactions at V2X

In other V2X news, Director Dino M. Cusumano sold 2,250,000 shares of the stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $55.00, for a total value of $123,750,000.00. Following the completion of the sale, the director owned 5,750,001 shares in the company, valued at approximately $316,250,055. This represents a 28.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder American Industrial Partners C sold 1,200,000 shares of the business’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 value of $66,060,000.00. Following the transaction, the insider owned 4,550,001 shares in the company, valued at approximately $250,477,555.05. This represents a 20.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 5,700,000 shares of company stock valued at $313,560,000. 1.10% of the stock is owned by insiders.

Institutional Trading of V2X

A number of hedge funds and other institutional investors have recently modified their holdings of VVX. Royal Bank of Canada boosted its position in shares of V2X by 46.6% during the 1st quarter. Royal Bank of Canada now owns 5,813 shares of the company’s stock valued at $284,000 after acquiring an additional 1,847 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in V2X by 22.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,867 shares of the company’s stock worth $484,000 after purchasing an additional 1,826 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in V2X by 10.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 49,544 shares of the company’s stock valued at $2,430,000 after purchasing an additional 4,747 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of V2X in the 1st quarter valued at approximately $329,000. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of V2X during the 2nd quarter worth approximately $25,000. 95.18% of the stock is owned by institutional investors and hedge funds.

V2X Price Performance

V2X stock opened at $68.42 on Friday. The stock has a market capitalization of $2.16 billion, a P/E ratio of 27.37, a P/E/G ratio of 0.61 and a beta of 0.11. The company’s fifty day moving average price is $59.13 and its 200 day moving average price is $56.66. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.20 and a current ratio of 1.20. V2X has a 1 year low of $41.08 and a 1 year high of $71.40.

V2X (NYSE:VVX) last posted its quarterly earnings data on Monday, November 3rd. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.14. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.13 billion. V2X had a net margin of 1.81% and a return on equity of 15.22%. The company’s revenue was up 7.9% compared to the same quarter last year. During the same period last year, the firm posted $1.29 earnings per share. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. As a group, equities research analysts anticipate that V2X will post 4.16 earnings per share 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.