V2X (NYSE:VVX) Shares Gap Down – Time to Sell?

Shares of V2X, Inc. (NYSE:VVX) gapped down before the market opened on Friday . The stock had previously closed at $54.70, but opened at $53.01. V2X shares last traded at $53.2550, with a volume of 19,554 shares traded.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Zacks Research raised V2X from a “hold” rating to a “strong-buy” rating in a report on Friday, October 17th. Royal Bank Of Canada upped their price target on shares of V2X from $54.00 to $60.00 and gave the stock a “sector perform” rating in a research note on Tuesday, November 4th. Morgan Stanley reiterated an “underweight” rating and issued a $61.00 price objective on shares of V2X in a research note on Tuesday. Stifel Nicolaus upped their target price on shares of V2X from $63.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Finally, Citigroup started coverage on shares of V2X in a report on Thursday, December 11th. They issued a “neutral” rating and a $62.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $63.11.

V2X Trading Up 0.4%

The company has a debt-to-equity ratio of 1.01, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market cap of $1.69 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 0.54 and a beta of 0.12. The business’s 50-day simple moving average is $55.96 and its 200-day simple moving average is $53.59.

V2X (NYSE:VVX) last released its quarterly earnings results on Monday, November 3rd. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.23 by $0.14. V2X had a net margin of 1.81% and a return on equity of 15.22%. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same period in the prior year, the business earned $1.29 earnings per share. The company’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. Research analysts predict that V2X, Inc. will post 4.16 earnings per share for the current fiscal year.

Insider Buying and Selling at V2X

In other news, Director Dino M. Cusumano sold 2,250,000 shares of the business’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $55.00, for a total value of $123,750,000.00. Following the completion of the transaction, the director directly owned 5,750,001 shares of the company’s stock, valued at $316,250,055. The trade was a 28.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder American Industrial Partners C sold 2,250,000 shares of the company’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $55.00, for a total value of $123,750,000.00. Following the completion of the sale, the insider owned 5,750,001 shares in the company, valued at $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 5,700,000 shares of company stock valued at $313,560,000 in the last three months. 1.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On V2X

Several hedge funds have recently modified their holdings of the company. Ameritas Advisory Services LLC acquired a new position in shares of V2X in the second quarter valued at approximately $25,000. Comerica Bank grew its stake in V2X by 79.1% in the 3rd quarter. Comerica Bank now owns 480 shares of the company’s stock worth $28,000 after acquiring an additional 212 shares during the period. Larson Financial Group LLC raised its holdings in V2X by 207.3% in the 3rd quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock valued at $44,000 after acquiring an additional 512 shares during the last quarter. Osaic Holdings Inc. raised its holdings in V2X by 140.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after acquiring an additional 623 shares during the last quarter. Finally, LRI Investments LLC purchased a new position in shares of V2X during the 3rd quarter worth $57,000. 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.