V2X, Inc. (NYSE:VVX) Receives $63.73 Consensus Price Target from Brokerages

V2X, Inc. (NYSE:VVX) has been assigned a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $63.7273.

A number of research firms have recently issued reports on VVX. Bank of America upgraded V2X from a “neutral” rating to a “buy” rating and increased their target price for the company from $55.00 to $65.00 in a research note on Wednesday, August 13th. Stifel Nicolaus set a $63.00 target price on V2X and gave the company a “buy” rating in a research note on Tuesday, August 5th. The Goldman Sachs Group upped their target price on shares of V2X from $45.00 to $50.00 and gave the company a “sell” rating in a research note on Wednesday, August 13th. Morgan Stanley raised their price objective on V2X from $51.00 to $55.00 and gave the stock an “underweight” rating in a research note on Friday, September 19th. Finally, Wall Street Zen upgraded shares of V2X from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 30th.

V2X Stock Performance

Shares of VVX stock opened at $56.43 on Friday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.02. The company has a market cap of $1.79 billion, a PE ratio of 25.65, a P/E/G ratio of 0.57 and a beta of 0.30. The company’s fifty day simple moving average is $54.85 and its 200-day simple moving average is $50.43. V2X has a 52 week low of $41.08 and a 52 week high of $69.75.

V2X (NYSE:VVX) last announced its quarterly earnings results on Monday, August 4th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.33. V2X had a net margin of 1.63% and a return on equity of 15.28%. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the company earned $0.83 EPS. The firm’s revenue was up .6% on a year-over-year basis. 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 EPS for the current year.

Insider Activity

In other news, major shareholder American Industrial Partners C sold 1,700,000 shares of the stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $52.20, for a total transaction of $88,740,000.00. Following the sale, the insider directly owned 8,000,001 shares in the company, valued at approximately $417,600,052.20. This represents a 17.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dino M. Cusumano sold 1,700,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $52.20, for a total value of $88,740,000.00. Following the completion of the sale, the director directly owned 8,000,001 shares in the company, valued at approximately $417,600,052.20. This trade represents a 17.53% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,400,000 shares of company stock worth $277,480,000. 0.88% of the stock is owned by company insiders.

Hedge Funds Weigh In On V2X

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. grew its holdings in V2X by 37.5% in the 4th quarter. Ameriprise Financial Inc. now owns 37,498 shares of the company’s stock worth $1,794,000 after buying an additional 10,235 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in V2X by 19.1% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,041 shares of the company’s stock worth $385,000 after acquiring an additional 1,288 shares during the period. Millennium Management LLC grew its stake in shares of V2X by 29.8% in the fourth quarter. Millennium Management LLC now owns 33,459 shares of the company’s stock worth $1,600,000 after purchasing an additional 7,682 shares in the last quarter. State of Wyoming acquired a new position in shares of V2X during the fourth quarter valued at $45,000. Finally, Two Sigma Investments LP raised its stake in shares of V2X by 162.7% during the fourth quarter. Two Sigma Investments LP now owns 61,633 shares of the company’s stock valued at $2,948,000 after purchasing an additional 38,169 shares in the last quarter. 95.18% of the stock is currently owned by institutional investors and hedge funds.

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.