V2X, Inc. (NYSE:VVX) Receives Average Recommendation of "Moderate Buy" from Analysts

V2X, Inc. (NYSE:VVX - Get Free Report) has earned an average recommendation of "Moderate Buy" from the eight brokerages that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $66.86.

VVX has been the topic of a number of recent analyst reports. Robert W. Baird assumed coverage on shares of V2X in a research note on Friday, October 11th. They issued an "outperform" rating and a $75.00 price objective on the stock. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $58.00 price target (down previously from $70.00) on shares of V2X in a research report on Thursday, December 19th. Baird R W raised V2X to a "strong-buy" rating in a research report on Friday, October 11th. BTIG Research began coverage on V2X in a research note on Monday, November 25th. They issued a "buy" rating and a $80.00 price objective on the stock. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $80.00 target price on shares of V2X in a research note on Friday.

Insider Activity

In related news, General Counsel Jeremy John Nance sold 2,500 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $61.43, for a total value of $153,575.00. Following the transaction, the general counsel now directly owns 10,634 shares in the company, valued at $653,246.62. This trade represents a 19.03 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.10% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in VVX. FMR LLC grew its holdings in V2X by 17.2% during the third quarter. FMR LLC now owns 2,997,474 shares of the company's stock worth $167,439,000 after buying an additional 439,852 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in V2X by 15.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 661,845 shares of the company's stock worth $31,741,000 after acquiring an additional 87,741 shares during the last quarter. Systematic Financial Management LP grew its stake in shares of V2X by 43.5% in the 3rd quarter. Systematic Financial Management LP now owns 401,121 shares of the company's stock worth $22,407,000 after acquiring an additional 121,635 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of V2X by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 340,793 shares of the company's stock valued at $19,037,000 after purchasing an additional 29,869 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of V2X by 1.6% during the third quarter. Geode Capital Management LLC now owns 274,247 shares of the company's stock valued at $15,322,000 after purchasing an additional 4,370 shares in the last quarter. 95.18% of the stock is owned by institutional investors.

V2X Trading Up 2.3 %

NYSE:VVX traded up $1.21 during trading hours on Monday, hitting $52.89. 135,041 shares of the company were exchanged, compared to its average volume of 248,044. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of 188.91 and a beta of 0.59. V2X has a one year low of $37.04 and a one year high of $69.75. The company has a fifty day simple moving average of $54.37 and a 200 day simple moving average of $54.69. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09.

V2X (NYSE:VVX - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The company reported $1.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.07 by $0.22. V2X had a return on equity of 13.49% and a net margin of 0.22%. The company had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same period last year, the company earned $0.73 earnings per share. The firm's revenue was up 8.0% compared to the same quarter last year. Sell-side analysts expect that V2X will post 4.14 EPS 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.