V2X (NYSE:VVX) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of V2X (NYSE:VVX) from a hold rating to a strong-buy rating in a report issued on Thursday,Zacks.com reports.

Other analysts also recently issued reports about the company. Stifel Nicolaus raised their target price on V2X from $77.50 to $79.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Truist Financial upped their price target on shares of V2X from $68.00 to $70.00 and gave the company a “hold” rating in a report on Tuesday, May 5th. Citizens Jmp increased their price objective on shares of V2X from $80.00 to $90.00 and gave the company a “market outperform” rating in a research note on Tuesday, May 5th. Bank of America lifted their price target on V2X from $78.00 to $93.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Finally, BTIG Research reiterated a “buy” rating and issued a $90.00 target price on shares of V2X in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $80.90.

V2X Trading Down 0.7%

VVX stock traded down $0.54 during midday trading on Thursday, reaching $75.08. 212,832 shares of the company’s stock traded hands, compared to its average volume of 599,581. V2X has a fifty-two week low of $46.07 and a fifty-two week high of $91.80. The business has a 50-day moving average price of $77.78 and a two-hundred day moving average price of $70.34. The company has a market capitalization of $2.35 billion, a P/E ratio of 26.91, a PEG ratio of 0.60 and a beta of 0.22. 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:VVX) last announced its quarterly earnings results on Monday, May 4th. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.29. The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.13 billion. V2X had a net margin of 1.88% and a return on equity of 16.94%. The firm’s revenue was up 23.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.98 EPS. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. Equities research analysts forecast that V2X will post 6.16 EPS for the current fiscal year.

Institutional Investors Weigh In On V2X

Large investors have recently made changes to their positions in the company. Royal Bank of Canada grew 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 worth $284,000 after buying an additional 1,847 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of V2X by 22.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,867 shares of the company’s stock worth $484,000 after purchasing an additional 1,826 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of V2X by 10.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 49,544 shares of the company’s stock valued at $2,430,000 after purchasing an additional 4,747 shares during the period. Jane Street Group LLC bought a new stake in shares of V2X during the first quarter valued at about $329,000. Finally, Rhumbline Advisers lifted its holdings in 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.