V2X (NYSE:VVX) Price Target Raised to $72.00

V2X (NYSE:VVX) had its target price increased by equities researchers at Citigroup from $69.00 to $72.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup’s target price would suggest a potential upside of 3.40% from the company’s previous close.

A number of other research firms have also weighed in on VVX. Royal Bank Of Canada raised their target price on shares of V2X from $60.00 to $70.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 24th. The Goldman Sachs Group increased 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. Morgan Stanley lifted their price objective on V2X from $61.00 to $66.00 and gave the stock an “underweight” rating in a research report on Wednesday, February 25th. Truist Financial reissued a “hold” rating and set a $68.00 price objective (up from $65.00) on shares of V2X in a research note on Tuesday, February 24th. Finally, Weiss Ratings upgraded V2X from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $72.56.

V2X Price Performance

VVX stock traded up $0.20 during midday trading on Thursday, reaching $69.63. The stock had a trading volume of 103,430 shares, compared to its average volume of 506,948. V2X has a 52-week low of $42.09 and a 52-week high of $75.00. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.00. The company’s fifty day simple moving average is $68.62 and its 200 day simple moving average is $61.30. The company has a market cap of $2.18 billion, a price-to-earnings ratio of 28.55, a price-to-earnings-growth ratio of 0.58 and a beta of 0.14.

V2X (NYSE:VVX) last released its earnings results on Monday, February 23rd. The company reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.23. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.21 billion. V2X had a net margin of 1.74% and a return on equity of 15.64%. The company’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. As a group, sell-side analysts predict that V2X will post 4.16 earnings per share for the current fiscal year.

Insider Buying and Selling at V2X

In other news, major shareholder American Industrial Partners C sold 2,545,432 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider owned 2,004,569 shares in the company, valued at $136,731,651.49. This trade represents a 55.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Comerica Bank increased its stake in V2X by 79.1% during the third 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 lifted its stake in shares of V2X by 207.3% in the 3rd quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock valued at $44,000 after purchasing an additional 512 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of V2X by 140.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock worth $52,000 after purchasing an additional 623 shares during the period. LRI Investments LLC acquired a new stake in shares of V2X during the 3rd quarter worth about $57,000. Finally, CWM LLC increased its position in shares of V2X by 188.9% during the 3rd quarter. CWM LLC now owns 1,037 shares of the company’s stock worth $60,000 after purchasing an additional 678 shares during the last quarter. 95.18% of the stock is currently owned by institutional investors and hedge funds.

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.