V2X, Inc. (NYSE:VVX) Receives Average Rating of “Moderate Buy” from Analysts

V2X, Inc. (NYSE:VVX) has received an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $67.86.

Several brokerages have recently weighed in on VVX. JMP Securities increased their price objective on shares of V2X from $65.00 to $80.00 and gave the stock a “market outperform” rating in a research note on Tuesday, November 5th. BTIG Research started coverage on shares of V2X in a research report on Monday, November 25th. They set a “buy” rating and a $80.00 price objective for the company. The Goldman Sachs Group started coverage on V2X in a research report on Thursday, December 12th. They set a “sell” rating and a $54.00 target price on the stock. Raymond James lifted their price objective on V2X from $60.00 to $72.00 and gave the company a “strong-buy” rating in a research report on Tuesday, November 5th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $58.00 target price (down from $70.00) on shares of V2X in a report on Thursday, December 19th.

Insider Buying and Selling at V2X

In other news, General Counsel Jeremy John Nance sold 2,500 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $61.43, for a total value of $153,575.00. Following the transaction, the general counsel now owns 10,634 shares of the company’s stock, valued at approximately $653,246.62. The trade was a 19.03 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.10% of the company’s stock.

Institutional Trading of V2X

A number of institutional investors and hedge funds have recently bought and sold shares of VVX. Franklin Resources Inc. boosted its stake in V2X by 6.4% during the third quarter. Franklin Resources Inc. now owns 83,876 shares of the company’s stock valued at $4,685,000 after buying an additional 5,072 shares during the last quarter. Barclays PLC boosted its position in shares of V2X by 119.8% during the 3rd quarter. Barclays PLC now owns 27,727 shares of the company’s stock valued at $1,550,000 after acquiring an additional 15,110 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of V2X by 1.6% in the third quarter. Geode Capital Management LLC now owns 274,247 shares of the company’s stock valued at $15,322,000 after purchasing an additional 4,370 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in V2X in the third quarter worth $706,000. Finally, Orion Portfolio Solutions LLC purchased a new stake in V2X during the third quarter valued at $990,000. 95.18% of the stock is currently owned by institutional investors.

V2X Stock Down 2.1 %

Shares of V2X stock opened at $47.40 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. V2X has a twelve month low of $37.04 and a twelve month high of $69.75. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 169.29 and a beta of 0.55. The company’s 50 day moving average is $60.14 and its 200 day moving average is $54.51.

V2X (NYSE:VVX) last issued its quarterly earnings data on Monday, November 4th. The company reported $1.29 EPS for the quarter, topping the consensus estimate of $1.07 by $0.22. The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.07 billion. V2X had a return on equity of 13.49% and a net margin of 0.22%. V2X’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 earnings per share. Research analysts anticipate that V2X will post 4.14 EPS for the current year.

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.