V2X (NYSE:VVX) Price Target Lowered to $60.00 at Raymond James

V2X (NYSE:VVX - Get Free Report) had its price objective cut by Raymond James from $65.00 to $60.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has an "outperform" rating on the stock. Raymond James' price target points to a potential upside of 27.99% from the stock's current price.

Several other analysts also recently commented on VVX. Royal Bank of Canada decreased their target price on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a research report on Tuesday. JMP Securities restated a "market outperform" rating and issued a $80.00 price objective on shares of V2X in a research note on Friday, January 17th. The Goldman Sachs Group started coverage on shares of V2X in a research note on Thursday, December 12th. They issued a "sell" rating and a $54.00 price objective for the company. Citigroup started coverage on shares of V2X in a research note on Tuesday, January 21st. They issued a "buy" rating and a $64.00 price objective for the company. Finally, BTIG Research started coverage on shares of V2X in a research note on Monday, November 25th. They issued a "buy" rating and a $80.00 price objective for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, V2X presently has an average rating of "Moderate Buy" and an average price target of $65.38.

V2X Stock Down 0.4 %

VVX stock traded down $0.17 during trading hours on Tuesday, hitting $46.88. The company's stock had a trading volume of 306,609 shares, compared to its average volume of 226,354. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $1.48 billion, a PE ratio of 167.43, a price-to-earnings-growth ratio of 0.61 and a beta of 0.60. V2X has a 12 month low of $37.97 and a 12 month high of $69.75. The stock has a 50 day moving average price of $48.83 and a two-hundred day moving average price of $54.49.

Hedge Funds Weigh In On V2X

Several large investors have recently bought and sold shares of VVX. FMR LLC raised its stake in V2X by 23.8% during the 4th quarter. FMR LLC now owns 3,712,196 shares of the company's stock valued at $177,554,000 after purchasing an additional 714,722 shares during the last quarter. Simcoe Capital Management LLC increased its holdings in V2X by 252.8% in the 4th quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company's stock valued at $35,057,000 after buying an additional 525,204 shares during the period. Victory Capital Management Inc. bought a new stake in V2X in the 4th quarter valued at $13,947,000. Zimmer Partners LP bought a new stake in V2X in the 3rd quarter valued at $14,659,000. Finally, Assenagon Asset Management S.A. increased its holdings in V2X by 1,014.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 231,592 shares of the company's stock valued at $11,077,000 after buying an additional 210,814 shares during the period. 95.18% of the stock is currently owned by institutional investors and hedge funds.

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.