V2X (VVX) to Release Earnings on Monday

V2X (NYSE:VVX) is projected to release its results after the market closes on Monday, November 3rd. Analysts expect V2X to post earnings of $1.23 per share and revenue of $1.1348 billion for the quarter. V2X has set its FY 2025 guidance at 4.650-4.950 EPS.

V2X (NYSE:VVX) last issued its earnings results on Monday, August 4th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.33. The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.06 billion. V2X had a return on equity of 15.28% and a net margin of 1.63%.V2X’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.83 EPS. On average, analysts expect V2X to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

V2X Price Performance

Shares of VVX stock opened at $57.09 on Friday. The stock’s fifty day simple moving average is $57.34 and its 200 day simple moving average is $51.96. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of 25.95, a P/E/G ratio of 0.59 and a beta of 0.25. V2X has a one year low of $41.08 and a one year high of $69.75.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on VVX. Morgan Stanley lifted their price objective on V2X from $51.00 to $55.00 and gave the company an “underweight” rating in a report on Friday, September 19th. Stifel Nicolaus set a $63.00 price target on shares of V2X and gave the company a “buy” rating in a report on Tuesday, August 5th. Wall Street Zen upgraded shares of V2X from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of V2X in a research note on Wednesday, October 8th. Finally, Zacks Research upgraded shares of V2X from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $62.60.

Insider Transactions at V2X

In related news, major shareholder American Industrial Partners C sold 1,700,000 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $52.20, for a total value of $88,740,000.00. Following the completion of the transaction, the insider owned 8,000,001 shares in the company, valued at $417,600,052.20. The trade was a 17.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Dino M. Cusumano sold 2,000,000 shares of the company’s stock in a transaction on Monday, August 11th. The stock was sold at an average price of $50.00, for a total value of $100,000,000.00. Following the transaction, the director directly owned 9,700,001 shares in the company, valued at approximately $485,000,050. This represents a 17.09% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 5,400,000 shares of company stock valued at $277,480,000. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On V2X

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bridgeway Capital Management LLC raised its position in shares of V2X by 2.7% during the second quarter. Bridgeway Capital Management LLC now owns 230,957 shares of the company’s stock worth $11,213,000 after acquiring an additional 5,965 shares during the last quarter. Qube Research & Technologies Ltd increased its position in V2X by 30.5% in the second quarter. Qube Research & Technologies Ltd now owns 157,086 shares of the company’s stock worth $7,627,000 after purchasing an additional 36,699 shares during the period. Federated Hermes Inc. raised its holdings in V2X by 10.2% during the 2nd quarter. Federated Hermes Inc. now owns 89,806 shares of the company’s stock worth $4,360,000 after purchasing an additional 8,339 shares during the last quarter. Bank of America Corp DE lifted its position in V2X by 258.8% during the 2nd quarter. Bank of America Corp DE now owns 56,425 shares of the company’s stock valued at $2,739,000 after purchasing an additional 40,699 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in V2X by 10.6% during 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 period. 95.18% of the stock is 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.