V2X (VVX) Projected to Post Quarterly Earnings on Monday

V2X (NYSE:VVX) is anticipated to post its quarterly earnings results after the market closes on Monday, May 5th. Analysts expect V2X to post earnings of $0.91 per share and revenue of $1.04 billion for the quarter.

V2X Stock Down 0.1 %

Shares of NYSE VVX opened at $49.42 on Friday. The stock has a market capitalization of $1.56 billion, a PE ratio of 176.51, a P/E/G ratio of 0.61 and a beta of 0.45. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. The firm has a fifty day moving average of $48.61 and a 200-day moving average of $52.69. V2X has a 52-week low of $41.08 and a 52-week high of $69.75.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on VVX shares. Morgan Stanley began coverage on V2X in a research note on Wednesday, April 16th. They set an “underweight” rating and a $51.00 price target for the company. Raymond James dropped their target price on shares of V2X from $65.00 to $60.00 and set an “outperform” rating for the company in a research report on Tuesday, February 25th. Truist Financial reduced their price target on shares of V2X from $68.00 to $55.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Royal Bank of Canada dropped their price objective on shares of V2X from $58.00 to $54.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. Finally, Citigroup started coverage on shares of V2X in a report on Tuesday, January 21st. They set a “buy” rating and a $64.00 target price on the stock. Two research analysts have rated the stock with a sell rating, two have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $62.90.

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.