V2X, Inc. (NYSE:VVX) Receives $62.20 Average Target Price from Brokerages

V2X, Inc. (NYSE:VVX - Get Free Report) has received a consensus rating of "Buy" from the six ratings firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $62.20.

A number of research analysts recently weighed in on VVX shares. Baird R W raised V2X to a "strong-buy" rating in a research report on Friday. Robert W. Baird started coverage on V2X in a report on Friday. They set an "outperform" rating and a $75.00 price target for the company. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $55.00 price target on shares of V2X in a research note on Wednesday, August 7th.

Insider Transactions at V2X

In related news, Director Eric M. Pillmore bought 3,125 shares of the stock in a transaction on Friday, September 6th. The shares were acquired at an average price of $48.00 per share, for a total transaction of $150,000.00. Following the purchase, the director now owns 41,516 shares of the company's stock, valued at approximately $1,992,768. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Eric M. Pillmore bought 3,125 shares of the company's stock in a transaction that occurred on Friday, September 6th. The shares were bought at an average price of $48.00 per share, for a total transaction of $150,000.00. Following the completion of the acquisition, the director now owns 41,516 shares of the company's stock, valued at $1,992,768. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Shawn Mural bought 937 shares of the firm's stock in a transaction on Friday, September 6th. The shares were bought at an average price of $48.00 per share, with a total value of $44,976.00. Following the completion of the purchase, the chief financial officer now owns 1,437 shares in the company, valued at approximately $68,976. The trade was a 100.00 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired 11,936 shares of company stock worth $572,928 over the last quarter. 1.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Systematic Financial Management LP boosted its stake in shares of V2X by 152.7% during the 2nd quarter. Systematic Financial Management LP now owns 279,486 shares of the company's stock worth $13,404,000 after acquiring an additional 168,886 shares during the last quarter. Vanguard Group Inc. lifted its position in V2X by 0.9% during the first quarter. Vanguard Group Inc. now owns 588,232 shares of the company's stock valued at $27,476,000 after purchasing an additional 5,259 shares in the last quarter. Factorial Partners LLC grew its holdings in V2X by 28.6% during the second quarter. Factorial Partners LLC now owns 54,000 shares of the company's stock valued at $2,590,000 after purchasing an additional 12,000 shares during the period. Sei Investments Co. increased its position in V2X by 243.3% in the second quarter. Sei Investments Co. now owns 73,653 shares of the company's stock worth $3,532,000 after buying an additional 52,197 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its stake in shares of V2X by 50.3% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 13,212 shares of the company's stock worth $634,000 after buying an additional 4,419 shares during the period. 95.18% of the stock is owned by hedge funds and other institutional investors.

V2X Stock Up 7.7 %

Shares of VVX stock traded up $4.56 during mid-day trading on Friday, reaching $64.00. 235,296 shares of the company's stock traded hands, compared to its average volume of 164,242. The company's 50-day moving average price is $52.94 and its 200-day moving average price is $49.76. The company has a market cap of $2.00 billion, a P/E ratio of -160.00 and a beta of 0.60. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.15. V2X has a 12 month low of $37.04 and a 12 month high of $64.20.

V2X (NYSE:VVX - Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $0.83 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.01). V2X had a positive return on equity of 11.69% and a negative net margin of 0.30%. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the previous year, the firm earned $1.01 EPS. The company's revenue was up 9.6% on a year-over-year basis. On average, equities analysts expect that V2X will post 4.11 earnings per share for the current fiscal year.

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.