V2X (NYSE:VVX) Shares Down 11.9% – What’s Next?

V2X, Inc. (NYSE:VVXGet Free Report) traded down 11.9% on Wednesday . The stock traded as low as $73.28 and last traded at $73.42. Approximately 208,175 shares traded hands during trading, a decline of 60% from the average session volume of 520,358 shares. The stock had previously closed at $83.29.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on VVX. Truist Financial lifted their price objective on V2X from $68.00 to $70.00 and gave the stock a “hold” rating in a research note on Tuesday, May 5th. Raymond James Financial lowered shares of V2X from an “outperform” rating to a “market perform” rating in a report on Wednesday. Weiss Ratings cut shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, June 11th. BTIG Research restated a “buy” rating and issued a $90.00 price target on shares of V2X in a research report on Wednesday, May 27th. Finally, Royal Bank Of Canada upped their price target on shares of V2X from $70.00 to $75.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $80.60.

View Our Latest Research Report on V2X

V2X Stock Performance

The firm has a market capitalization of $2.33 billion, a PE ratio of 26.66, a P/E/G ratio of 0.65 and a beta of 0.19. The business has a 50-day simple moving average of $75.71 and a 200-day simple moving average of $68.69. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.25 and a quick ratio of 1.25.

V2X (NYSE:VVXGet Free Report) last announced its earnings results on Monday, May 4th. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.29. V2X had a return on equity of 16.94% and a net margin of 1.88%.The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the previous year, the business earned $0.98 EPS. The company’s quarterly revenue was up 23.4% on a year-over-year basis. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. Equities research analysts expect that V2X, Inc. will post 6.16 earnings per share for the current fiscal year.

Institutional Investors Weigh In On V2X

Hedge funds and other institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC raised its position in V2X by 360.0% in the 4th quarter. SG Americas Securities LLC now owns 18,939 shares of the company’s stock worth $1,033,000 after purchasing an additional 14,822 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in V2X by 1,157.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 206,747 shares of the company’s stock worth $11,487,000 after purchasing an additional 190,302 shares during the last quarter. Tudor Investment Corp ET AL purchased a new position in shares of V2X during the third quarter valued at approximately $1,462,000. Victory Capital Management Inc. boosted its position in shares of V2X by 12.4% during the third quarter. Victory Capital Management Inc. now owns 753,312 shares of the company’s stock valued at $43,760,000 after buying an additional 83,400 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of V2X by 17.9% during the third quarter. Vanguard Group Inc. now owns 1,189,562 shares of the company’s stock valued at $69,102,000 after buying an additional 180,702 shares during the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.

V2X Company Profile

(Get Free Report)

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.

Further Reading

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