V2X (NYSE:VVX) Given New $72.00 Price Target at Citigroup

V2X (NYSE:VVX) had its price objective upped by Citigroup from $69.00 to $72.00 in a research note published on Thursday,Benzinga reports. They currently have a neutral rating on the stock.

VVX has been the topic of several other research reports. Morgan Stanley upped their price target on shares of V2X from $61.00 to $66.00 and gave the stock an “underweight” rating in a report on Wednesday, February 25th. Truist Financial restated a “hold” rating and set a $68.00 target price (up from $65.00) on shares of V2X in a research report on Tuesday, February 24th. The Goldman Sachs Group raised their price target on V2X from $57.00 to $63.00 and gave the company a “sell” rating in a report on Monday, March 2nd. BTIG Research boosted their price objective on V2X from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Finally, Robert W. Baird set a $94.00 price objective on shares of V2X in a research report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $72.56.

V2X Stock Up 0.5%

Shares of NYSE VVX opened at $69.76 on Thursday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.00. The company has a market cap of $2.18 billion, a P/E ratio of 28.59, a P/E/G ratio of 0.59 and a beta of 0.14. V2X has a 52 week low of $42.09 and a 52 week high of $75.00. The business has a 50-day simple moving average of $68.62 and a two-hundred day simple moving average of $61.36.

V2X (NYSE:VVX) last announced its quarterly earnings results on Monday, February 23rd. The company reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.23. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.21 billion. V2X had a return on equity of 15.64% and a net margin of 1.74%.The company’s revenue was up 5.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. Research analysts anticipate that V2X will post 4.16 earnings per share for the current fiscal year.

Insider Buying and Selling at V2X

In related news, major shareholder American Industrial Partners C sold 2,545,432 shares of the stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $68.21, for a total transaction of $173,623,916.72. Following the transaction, the insider owned 2,004,569 shares of the company’s stock, valued at approximately $136,731,651.49. This trade represents a 55.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On V2X

Institutional investors and hedge funds have recently bought and sold shares of the stock. Comerica Bank grew its holdings 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 last quarter. Larson Financial Group LLC grew its position in shares of V2X by 207.3% in the 3rd quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock worth $44,000 after buying an additional 512 shares during the last quarter. Osaic Holdings Inc. raised its holdings in shares of V2X by 140.0% during the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after acquiring an additional 623 shares in the last quarter. LRI Investments LLC bought a new stake in V2X in the third quarter valued at $57,000. Finally, CWM LLC increased its position in V2X by 188.9% during the 3rd quarter. CWM LLC now owns 1,037 shares of the company’s stock valued at $60,000 after purchasing an additional 678 shares during the period. 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.