V2X (NYSE:VVX) Price Target Lowered to $55.00 at Truist Financial

V2X (NYSE:VVX - Free Report) had its price objective reduced by Truist Financial from $68.00 to $55.00 in a research note published on Monday,Benzinga reports. They currently have a buy rating on the stock.

VVX has been the topic of several other research reports. Royal Bank of Canada cut their target price on V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a research note on Tuesday, February 25th. Citigroup started coverage on V2X in a report on Tuesday, January 21st. They set a "buy" rating and a $64.00 price target for the company. Raymond James decreased their target price on V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 25th. Finally, JMP Securities reissued a "market outperform" rating and set a $80.00 price target on shares of V2X in a report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, V2X currently has an average rating of "Moderate Buy" and an average target price of $62.90.

V2X Stock Down 0.6 %

VVX traded down $0.30 during trading on Monday, hitting $48.16. The company had a trading volume of 152,978 shares, compared to its average volume of 183,508. The company has a market capitalization of $1.52 billion, a PE ratio of 172.01, a PEG ratio of 0.61 and a beta of 0.45. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. V2X has a one year low of $41.08 and a one year high of $69.75. The firm's 50-day moving average price is $47.80 and its 200 day moving average price is $53.53.

Institutional Investors Weigh In On V2X

Several institutional investors have recently bought and sold shares of the stock. State of Wyoming purchased a new position in V2X during the fourth quarter worth about $45,000. Whipplewood Advisors LLC boosted its holdings in shares of V2X by 4,066.7% in the first quarter. Whipplewood Advisors LLC now owns 1,000 shares of the company's stock worth $49,000 after acquiring an additional 976 shares during the period. Summit Investment Advisors Inc. grew its holdings in V2X by 24.1% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company's stock valued at $71,000 after buying an additional 288 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in V2X by 51.9% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company's stock worth $114,000 after acquiring an additional 814 shares during the period. Finally, KLP Kapitalforvaltning AS bought a new stake in V2X during the fourth quarter valued at $134,000. Institutional investors 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.