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

V2X, Inc. (NYSE:VVX) has been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $66.86.

Several research analysts have recently commented on the company. Baird R W upgraded V2X to a “strong-buy” rating in a research report on Friday, October 11th. Robert W. Baird started coverage on V2X in a research report on Friday, October 11th. They issued an “outperform” rating and a $75.00 target price for the company. Raymond James reissued an “outperform” rating and issued a $65.00 price target (down previously from $72.00) on shares of V2X in a report on Thursday, January 2nd. The Goldman Sachs Group started coverage on V2X in a report on Thursday, December 12th. They issued a “sell” rating and a $54.00 price target on the stock. Finally, JMP Securities reissued a “market outperform” rating and issued a $80.00 price target on shares of V2X in a report on Friday.

Insider Buying and Selling at V2X

In other V2X news, General Counsel Jeremy John Nance sold 2,500 shares of V2X stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $61.43, for a total transaction of $153,575.00. Following the sale, the general counsel now owns 10,634 shares of the company’s stock, valued at $653,246.62. The trade was a 19.03 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.10% of the stock is owned by company insiders.

Institutional Trading of V2X

Hedge funds have recently added to or reduced their stakes in the business. US Bancorp DE raised its stake in V2X by 81.0% during the 3rd quarter. US Bancorp DE now owns 1,028 shares of the company’s stock valued at $57,000 after acquiring an additional 460 shares in the last quarter. nVerses Capital LLC bought a new stake in shares of V2X in the 3rd quarter worth $95,000. SG Americas Securities LLC bought a new stake in shares of V2X in the 3rd quarter worth $199,000. Quadrature Capital Ltd bought a new stake in shares of V2X in the 3rd quarter worth $207,000. Finally, Paloma Partners Management Co bought a new stake in shares of V2X in the 3rd quarter worth $219,000. Institutional investors own 95.18% of the company’s stock.

V2X Price Performance

Shares of NYSE VVX opened at $52.89 on Monday. V2X has a fifty-two week low of $37.04 and a fifty-two week high of $69.75. The business has a 50 day moving average price of $54.69 and a two-hundred day moving average price of $54.66. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. The firm has a market cap of $1.67 billion, a PE ratio of 188.91 and a beta of 0.59.

V2X (NYSE:VVX) last issued its earnings results 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%. The business’s revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.73 EPS. Sell-side analysts expect that V2X will post 4.14 earnings per share for the current fiscal year.

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.