Analysts Set V2X, Inc. (NYSE:VVX) Target Price at $64.40

Shares of V2X, Inc. (NYSE:VVX) have earned an average recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $64.40.

Several equities analysts recently commented on the stock. 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 research note on Wednesday, August 13th. Stifel Nicolaus boosted their price objective on shares of V2X from $63.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Wall Street Zen raised shares of V2X from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 30th. Bank of America upgraded V2X from a “neutral” rating to a “buy” rating and boosted their price target for the company from $55.00 to $65.00 in a research note on Wednesday, August 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of V2X in a research note on Wednesday, October 8th.

V2X Price Performance

Shares of NYSE VVX opened at $52.30 on Friday. The firm has a market cap of $1.65 billion, a P/E ratio of 23.77, a price-to-earnings-growth ratio of 0.59 and a beta of 0.26. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.02. V2X has a 1-year low of $41.08 and a 1-year high of $63.74. The business’s 50 day moving average is $57.02 and its 200-day moving average is $52.57.

V2X (NYSE:VVX) last released its quarterly earnings results 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. V2X had a return on equity of 15.28% and a net margin of 1.63%.The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the previous year, the company posted $1.29 EPS. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Equities research analysts predict that V2X will post 4.16 earnings per share for the current year.

Insider Activity

In related news, Director Dino M. Cusumano sold 2,250,000 shares of the stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the sale, the director owned 5,750,001 shares in the company, valued at approximately $316,250,055. This trade represents a 28.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder American Industrial Partners C sold 2,250,000 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the transaction, the insider owned 5,750,001 shares of the company’s stock, valued at approximately $316,250,055. This represents a 28.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 7,900,000 shares of company stock valued at $424,980,000 in the last ninety days. 1.10% of the stock is currently owned by company insiders.

Institutional Trading of V2X

Institutional investors and hedge funds have recently modified their holdings of the business. Virtus Advisers LLC bought a new position in V2X in the third quarter valued at about $1,005,000. Susquehanna Fundamental Investments LLC bought a new stake in shares of V2X during the 3rd quarter valued at approximately $579,000. Qube Research & Technologies Ltd increased its position in V2X by 8.3% during the 3rd quarter. Qube Research & Technologies Ltd now owns 170,063 shares of the company’s stock worth $9,879,000 after purchasing an additional 12,977 shares in the last quarter. New Vernon Capital Holdings II LLC bought a new position in V2X in the 3rd quarter valued at approximately $180,000. Finally, Mariner LLC boosted its position in V2X by 156.7% in the third quarter. Mariner LLC now owns 10,730 shares of the company’s stock valued at $623,000 after buying an additional 6,550 shares in the last quarter. 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.