V2X (VVX) Scheduled to Post Earnings on Monday

V2X (NYSE:VVX - Get Free Report) is scheduled to be announcing its earnings results after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $1.07 per share for the quarter. V2X has set its FY24 guidance at $3.85-4.20 EPS and its FY 2024 guidance at 3.850-4.200 EPS.Investors that are interested in participating in the company's conference call can do so using this link.

V2X (NYSE:VVX - Get Free Report) last released its earnings results on Tuesday, August 6th. The company reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.01). The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.02 billion. V2X had a negative net margin of 0.30% and a positive return on equity of 11.69%. The business's revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.01 EPS. On average, analysts expect V2X to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

V2X Trading Up 1.0 %

NYSE VVX traded up $0.61 during trading on Monday, hitting $62.82. The stock had a trading volume of 50,991 shares, compared to its average volume of 102,597. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of -158.43 and a beta of 0.60. The stock has a 50 day simple moving average of $56.16 and a 200 day simple moving average of $50.99. V2X has a one year low of $37.04 and a one year high of $65.59. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.10 and a current ratio of 1.10.

Analyst Upgrades and Downgrades

Several equities analysts have commented on VVX shares. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $55.00 price objective on shares of V2X in a research report on Wednesday, August 7th. Robert W. Baird started coverage on shares of V2X in a report on Friday, October 11th. They issued an "outperform" rating and a $75.00 price target on the stock. Finally, Baird R W upgraded shares of V2X to a "strong-buy" rating in a report on Friday, October 11th. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, V2X presently has an average rating of "Buy" and an average price target of $62.20.

Insider Activity

In other V2X news, Director Eric M. Pillmore purchased 3,125 shares of the stock in a transaction dated Friday, September 6th. The stock was purchased at an average price of $48.00 per share, with a total value of $150,000.00. Following the transaction, the director now owns 41,516 shares of the company's stock, valued at approximately $1,992,768. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Eric M. Pillmore acquired 3,125 shares of the firm's stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average cost of $48.00 per share, for a total transaction of $150,000.00. Following the purchase, the director now directly 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 acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Jeremy C. Wensinger bought 6,250 shares of the business's stock in a transaction on Friday, September 6th. The stock was bought at an average price of $48.00 per share, for a total transaction of $300,000.00. Following the purchase, the chief executive officer now directly owns 6,250 shares of the company's stock, valued at $300,000. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 11,936 shares of company stock worth $572,928. Company insiders own 1.10% of the company's stock.

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.