Stifel Nicolaus Issues Positive Forecast for V2X (NYSE:VVX) Stock Price

V2X (NYSE:VVX) had its price target hoisted by Stifel Nicolaus from $63.00 to $65.00 in a report published on Tuesday, MarketBeat reports. The firm currently has a buy rating on the stock.

A number of other equities research analysts have also commented on the stock. Bank of America upgraded shares of V2X from a “neutral” rating to a “buy” rating and upped their price target for the company from $55.00 to $65.00 in a report on Wednesday, August 13th. Wall Street Zen upgraded shares of V2X from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 30th. Zacks Research upgraded shares of V2X from a “hold” rating to a “strong-buy” rating in a report on Friday, October 17th. The Goldman Sachs Group upped their price target on shares of V2X from $45.00 to $50.00 and gave the company a “sell” rating in a report on Wednesday, August 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of V2X in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $63.40.

V2X Trading Down 2.2%

NYSE:VVX opened at $57.10 on Tuesday. The company has a fifty day moving average of $57.34 and a 200 day moving average of $52.15. V2X has a 52 week low of $41.08 and a 52 week high of $69.75. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $1.81 billion, a P/E ratio of 25.95, a P/E/G ratio of 0.59 and a beta of 0.26.

V2X (NYSE:VVX) last posted its quarterly earnings results on Monday, November 3rd. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. V2X had a net margin of 1.63% and a return on equity of 15.28%. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same period in the prior year, the business posted $1.29 EPS. The firm’s revenue was up 7.9% compared to the same quarter last year. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. On average, research analysts predict that V2X will post 4.16 earnings per share for the current year.

Insider Buying and Selling at V2X

In other news, Director Dino M. Cusumano sold 2,000,000 shares of the business’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $50.00, for a total transaction of $100,000,000.00. Following the sale, the director owned 9,700,001 shares in the company, valued at approximately $485,000,050. The trade was a 17.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder American Industrial Partners C sold 1,700,000 shares of the business’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $52.20, for a total transaction of $88,740,000.00. Following the sale, the insider 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 is available in the SEC filing. Insiders sold a total of 5,400,000 shares of company stock valued at $277,480,000 over the last 90 days. Company insiders own 0.88% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VVX. Reinhart Partners LLC. increased its stake in shares of V2X by 206.8% in the 3rd quarter. Reinhart Partners LLC. now owns 890,002 shares of the company’s stock worth $51,701,000 after acquiring an additional 599,921 shares in the last quarter. Nuveen LLC bought a new position in shares of V2X in the 1st quarter worth about $19,753,000. Ophir Asset Management Pty Ltd increased its stake in shares of V2X by 80.7% in the 2nd quarter. Ophir Asset Management Pty Ltd now owns 613,343 shares of the company’s stock worth $28,980,000 after acquiring an additional 273,977 shares in the last quarter. Bridgeway Capital Management LLC bought a new position in shares of V2X in the 1st quarter worth about $11,036,000. Finally, Pacer Advisors Inc. bought a new position in shares of V2X in the 1st quarter worth about $8,853,000. 95.18% of the stock is currently owned by institutional investors.

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.