New Wave Wealth Advisors LLC Makes New Investment in V2X, Inc. $VVX

New Wave Wealth Advisors LLC acquired a new position in V2X, Inc. (NYSE:VVX) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 9,910 shares of the company’s stock, valued at approximately $677,000.

Several other hedge funds have also recently bought and sold shares of VVX. Public Employees Retirement System of Ohio bought a new position in V2X during the second quarter valued at about $28,000. Ameritas Advisory Services LLC bought a new stake in shares of V2X during the 2nd quarter worth about $38,000. Fifth Third Bancorp bought a new stake in shares of V2X during the 1st quarter worth about $46,000. GAMMA Investing LLC boosted its stake in shares of V2X by 118.3% during the 3rd quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock worth $54,000 after acquiring an additional 413 shares in the last quarter. Finally, Allworth Financial LP increased its holdings in shares of V2X by 44.6% during the 2nd quarter. Allworth Financial LP now owns 765 shares of the company’s stock valued at $57,000 after acquiring an additional 236 shares during the last quarter. 95.18% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on VVX shares. Wall Street Zen downgraded V2X from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Citizens Jmp boosted their target price on V2X from $90.00 to $102.00 and gave the stock a “market outperform” rating in a report on Tuesday, July 28th. Morgan Stanley upped their target price on V2X from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 4th. Zacks Research downgraded V2X from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. Finally, Raymond James Financial downgraded V2X from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 24th. Six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, V2X presently has a consensus rating of “Hold” and a consensus price target of $86.90.

V2X Stock Performance

VVX stock traded up $0.20 during mid-day trading on Monday, reaching $70.38. 89,547 shares of the stock traded hands, compared to its average volume of 575,088. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.92. V2X, Inc. has a 52 week low of $50.89 and a 52 week high of $93.98. The business has a 50-day moving average of $75.10 and a two-hundred day moving average of $75.78. The firm has a market capitalization of $2.21 billion, a PE ratio of 24.27, a P/E/G ratio of 0.55 and a beta of 0.18.

V2X (NYSE:VVX) last issued its quarterly earnings results on Monday, August 3rd. The company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.20. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.21 billion. V2X had a return on equity of 17.52% and a net margin of 1.88%. The firm’s revenue was up 16.5% compared to the same quarter last year. During the same period last year, the business posted $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. As a group, equities analysts predict that V2X, Inc. will post 6.27 EPS for the current fiscal year.

V2X Company Profile

V2X, Inc is a government services and defense contractor that provides mission solutions to the U.S. Department of Defense, other federal agencies, and allied governments. The company supports military and government customers across the life cycle of complex programs, with services spanning operations, maintenance, logistics, training, modernization, and technical support.

Its capabilities include aircraft and equipment sustainment, supply-chain and logistics management, base and installation operations, mission support, information technology, cybersecurity, engineering, and workforce training.