V2X (NYSE:VVX) Price Target Raised to $63.00

V2X (NYSE:VVX) had its price target hoisted by analysts at The Goldman Sachs Group from $57.00 to $63.00 in a research note issued on Monday,Benzinga reports. The firm currently has a “sell” rating on the stock. The Goldman Sachs Group’s target price indicates a potential downside of 10.34% from the company’s previous close.

A number of other brokerages have also weighed in on VVX. Royal Bank Of Canada upped their target price on V2X from $60.00 to $70.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 24th. Truist Financial restated a “hold” rating and issued a $68.00 price objective (up from $65.00) on shares of V2X in a research report on Tuesday, February 24th. Robert W. Baird set a $94.00 target price on shares of V2X in a research report on Tuesday, February 24th. BTIG Research increased their price target on shares of V2X from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of V2X in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $72.22.

V2X Price Performance

NYSE:VVX traded up $0.52 during mid-day trading on Monday, hitting $70.27. 237,614 shares of the stock traded hands, compared to its average volume of 446,114. The business’s 50-day moving average price is $64.43 and its 200 day moving average price is $59.34. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.00. The company has a market cap of $2.19 billion, a PE ratio of 28.69, a price-to-earnings-growth ratio of 0.59 and a beta of 0.12. V2X has a 12-month low of $42.09 and a 12-month high of $73.38.

V2X (NYSE:VVX) last announced its quarterly earnings results on Monday, February 23rd. The company reported $1.56 EPS for the quarter, beating the consensus estimate of $1.33 by $0.23. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.21 billion. V2X had a net margin of 1.74% and a return on equity of 15.64%. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period last year, the firm earned $1.33 EPS. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. On average, analysts expect that V2X will post 4.16 EPS for the current fiscal year.

Insider Buying and Selling

In related news, major shareholder American Industrial Partners C sold 1,200,000 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $55.05, for a total value of $66,060,000.00. Following the completion of the sale, the insider owned 4,550,001 shares of the company’s stock, valued at $250,477,555.05. This trade represents a 20.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.88% of the stock is owned by insiders.

Institutional Trading of V2X

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in V2X by 20.6% during the 4th quarter. Vanguard Group Inc. now owns 1,434,711 shares of the company’s stock valued at $78,263,000 after purchasing an additional 245,149 shares in the last quarter. Reinhart Partners LLC. lifted its position in V2X by 60.6% in the 4th quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock valued at $77,964,000 after acquiring an additional 539,209 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in V2X by 6.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,333,727 shares of the company’s stock valued at $72,756,000 after acquiring an additional 82,518 shares in the last quarter. State Street Corp boosted its stake in V2X by 23.6% during the 4th quarter. State Street Corp now owns 1,192,058 shares of the company’s stock valued at $65,027,000 after purchasing an additional 227,804 shares during the last quarter. Finally, Ophir Asset Management Pty Ltd boosted its stake in V2X by 10.9% during the 4th quarter. Ophir Asset Management Pty Ltd now owns 912,274 shares of the company’s stock valued at $49,765,000 after purchasing an additional 89,957 shares during the last quarter. Hedge funds and other 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.