Shares of V2X, Inc. (NYSE:VVX – Get Free Report) have been given an average rating of “Hold” by the ten brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $73.4444.
Several equities analysts have recently weighed in on VVX shares. Royal Bank Of Canada increased their price objective on shares of V2X from $60.00 to $70.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 24th. Morgan Stanley began coverage on shares of V2X in a report on Thursday. They set an “equal weight” rating and a $74.00 target price for the company. Truist Financial reissued a “hold” rating and issued a $68.00 price target (up from $65.00) on shares of V2X in a report on Tuesday, February 24th. BTIG Research raised their price objective on shares of V2X from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Finally, Weiss Ratings cut V2X from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday.
Check Out Our Latest Analysis on VVX
V2X Stock Performance
V2X (NYSE:VVX – Get Free Report) last posted its quarterly earnings results on Monday, February 23rd. The company reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.23. V2X had a return on equity of 15.64% and a net margin of 1.74%.The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter in the prior year, the business earned $1.33 EPS. The firm’s revenue for the quarter was up 5.3% on a year-over-year basis. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. As a group, equities research analysts predict that V2X will post 4.16 EPS for the current year.
Insiders Place Their Bets
In related news, major shareholder American Industrial Partners C sold 2,545,432 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $68.21, for a total value of $173,623,916.72. Following the completion of the sale, the insider directly owned 2,004,569 shares in the company, valued at $136,731,651.49. The trade was a 55.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.99% of the company’s stock.
Institutional Investors Weigh In On V2X
A number of hedge funds and other institutional investors have recently modified their holdings of VVX. Royal Bank of Canada boosted its holdings in V2X by 46.6% in the 1st quarter. Royal Bank of Canada now owns 5,813 shares of the company’s stock valued at $284,000 after purchasing an additional 1,847 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of V2X by 22.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,867 shares of the company’s stock valued at $484,000 after acquiring an additional 1,826 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of 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 worth $2,430,000 after purchasing an additional 4,747 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of V2X during the 1st quarter worth $329,000. Finally, Rhumbline Advisers increased its position in shares of V2X by 20.8% in the second quarter. Rhumbline Advisers now owns 27,992 shares of the company’s stock worth $1,359,000 after purchasing an additional 4,824 shares during the period. Institutional investors and hedge funds own 95.18% of the company’s stock.
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.
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