V2X (NYSE:VVX) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

V2X, Inc. (NYSE:VVX) shares passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $74.13 and traded as high as $77.29. V2X shares last traded at $76.9790, with a volume of 292,185 shares changing hands.

Analysts Set New Price Targets

VVX has been the topic of several research analyst reports. Wall Street Zen cut shares of V2X from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Truist Financial restated a “hold” rating and set a $85.00 target price (up from $70.00) on shares of V2X in a research report on Tuesday, August 4th. Morgan Stanley raised their target price on shares of V2X from $80.00 to $90.00 and gave the company an “equal weight” rating in a report on Tuesday, August 4th. Zacks Research lowered shares of V2X from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. Finally, Citigroup reiterated a “market outperform” rating on shares of V2X in a research report on Tuesday, July 28th. Six analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $86.90.

V2X Stock Up 3.9%

The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 26.54, a P/E/G ratio of 0.58 and a beta of 0.18. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.32 and a quick ratio of 1.32. The firm’s fifty day moving average price is $74.13 and its 200-day moving average price is $73.48.

V2X (NYSE:VVX) last released its quarterly earnings data on Monday, August 3rd. The company reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.20. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.21 billion. V2X had a return on equity of 17.52% and a net margin of 1.88%. V2X’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same quarter last year, the business posted $1.33 EPS. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. Sell-side analysts expect that V2X, Inc. will post 6.27 earnings per share for the current fiscal year.

Institutional Trading of V2X

Hedge funds have recently made changes to their positions in the company. Squarepoint Ops LLC increased its stake in shares of V2X by 112.9% in the second quarter. Squarepoint Ops LLC now owns 87,297 shares of the company’s stock valued at $6,509,000 after buying an additional 46,298 shares during the period. Bank of New York Mellon Corp bought a new position in V2X in the 2nd quarter valued at approximately $8,718,000. Allianz Asset Management GmbH bought a new position in V2X in the 2nd quarter valued at approximately $2,259,000. Coppell Advisory Solutions LLC acquired a new stake in V2X during the 2nd quarter worth approximately $1,094,000. Finally, Jupiter Topco LLC acquired a new stake in V2X during the 2nd quarter worth approximately $3,124,000. 95.18% of the stock is owned by institutional investors and hedge funds.

About V2X

V2X, Inc provides mission solutions and support services to the U.S. government, defense agencies, and allied governments. The company supports military and government operations through services that include logistics, operations and maintenance, training, engineering, modernization, cybersecurity, and other technology-enabled solutions.

Its work spans the defense and national security lifecycle, including the sustainment of aircraft, vehicles, equipment, and infrastructure; supply-chain and base operations; intelligence and analytical support; and digital, communications, and systems-integration services.