V2X (NYSE:VVX) Coverage Initiated by Analysts at Morgan Stanley

Stock analysts at Morgan Stanley initiated coverage on shares of V2X (NYSE:VVX - Get Free Report) in a research note issued on Wednesday, Marketbeat.com reports. The brokerage set an "underweight" rating and a $51.00 price target on the stock. Morgan Stanley's price target suggests a potential upside of 5.90% from the company's current price.

Other equities research analysts have also recently issued reports about the stock. Citigroup assumed coverage on shares of V2X in a research note on Tuesday, January 21st. They set a "buy" rating and a $64.00 price objective on the stock. Truist Financial lowered their price objective on shares of V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Royal Bank of Canada decreased their price target on V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. Raymond James dropped their price objective on V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 25th. Finally, 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. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, V2X currently has a consensus rating of "Moderate Buy" and a consensus price target of $62.90.

V2X Stock Performance

Shares of NYSE:VVX traded down $0.30 during trading hours on Wednesday, hitting $48.16. The stock had a trading volume of 152,978 shares, compared to its average volume of 183,947. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. The stock's fifty day simple moving average is $47.80 and its 200 day simple moving average is $53.53. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 172.01, a PEG ratio of 0.61 and a beta of 0.45. V2X has a 1-year low of $41.08 and a 1-year high of $69.75.

Institutional Trading of V2X

A number of institutional investors have recently added to or reduced their stakes in VVX. Hennion & Walsh Asset Management Inc. lifted its holdings in V2X by 8.7% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 24,347 shares of the company's stock worth $1,194,000 after purchasing an additional 1,952 shares during the last quarter. Whipplewood Advisors LLC grew its stake in V2X by 4,066.7% in the 1st quarter. Whipplewood Advisors LLC now owns 1,000 shares of the company's stock valued at $49,000 after buying an additional 976 shares during the last quarter. Rhumbline Advisers raised its holdings in V2X by 9.1% in the 1st quarter. Rhumbline Advisers now owns 23,168 shares of the company's stock worth $1,136,000 after acquiring an additional 1,929 shares during the period. GAMMA Investing LLC increased its stake in shares of V2X by 3,403.3% in the first quarter. GAMMA Investing LLC now owns 3,188 shares of the company's stock worth $156,000 after purchasing an additional 3,097 shares during the period. Finally, California State Teachers Retirement System lifted its holdings in shares of V2X by 10.5% during the fourth quarter. California State Teachers Retirement System now owns 13,128 shares of the company's stock worth $628,000 after buying an additional 1,252 shares during the last quarter. 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.