Brokerages Set V2X, Inc. (NYSE:VVX) PT at $66.50

Shares of V2X, Inc. (NYSE:VVX - Get Free Report) have been given an average rating of "Moderate Buy" by the nine ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $66.50.

A number of equities analysts have recently issued reports on VVX shares. Raymond James reiterated an "outperform" rating and issued a $65.00 price objective (down from $72.00) on shares of V2X in a report on Thursday, January 2nd. The Goldman Sachs Group began coverage on shares of V2X in a research note on Thursday, December 12th. They set a "sell" rating and a $54.00 price target on the stock. BTIG Research began coverage on shares of V2X in a report on Monday, November 25th. They issued a "buy" rating and a $80.00 price objective for the company. JMP Securities reaffirmed a "market outperform" rating and set a $80.00 target price on shares of V2X in a report on Friday, January 17th. Finally, Citigroup initiated coverage on shares of V2X in a research note on Tuesday, January 21st. They issued a "buy" rating and a $64.00 price target for the company.

V2X Price Performance

NYSE:VVX traded down $1.59 during midday trading on Friday, hitting $44.88. The company had a trading volume of 234,757 shares, compared to its average volume of 186,453. The company has a market capitalization of $1.42 billion, a PE ratio of 160.30, a P/E/G ratio of 0.57 and a beta of 0.60. 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 52-week low of $37.58 and a 52-week high of $69.75. The stock's fifty day moving average price is $50.54 and its 200-day moving average price is $54.70.

Insider Buying and Selling at V2X

In other news, General Counsel Jeremy John Nance sold 2,500 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $61.43, for a total transaction of $153,575.00. Following the completion of the sale, the general counsel now directly owns 10,634 shares in the company, valued at approximately $653,246.62. This represents a 19.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.10% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VVX. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in V2X by 41.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 44,797 shares of the company's stock worth $2,143,000 after acquiring an additional 13,175 shares during the period. Voloridge Investment Management LLC bought a new position in V2X in the 4th quarter worth $5,416,000. Zimmer Partners LP lifted its position in shares of V2X by 48.5% in the 4th quarter. Zimmer Partners LP now owns 389,609 shares of the company's stock worth $18,635,000 after purchasing an additional 127,189 shares during the period. Vident Advisory LLC lifted its holdings in V2X by 14.9% in the fourth quarter. Vident Advisory LLC now owns 20,411 shares of the company's stock worth $976,000 after buying an additional 2,645 shares during the period. Finally, Virtus Investment Advisers Inc. purchased a new stake in V2X in the fourth quarter worth about $225,000. 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.