V2X (NYSE:VVX) Sees Strong Trading Volume – Time to Buy?

V2X, Inc. (NYSE:VVXGet Free Report) shares saw unusually-high trading volume on Friday . Approximately 472,524 shares were traded during trading, an increase of 2% from the previous session’s volume of 461,605 shares.The stock last traded at $67.1710 and had previously closed at $70.07.

Analyst Ratings Changes

Several research firms have commented on VVX. BTIG Research boosted their price target on shares of V2X from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Truist Financial reiterated a “hold” rating and issued a $68.00 target price (up from $65.00) on shares of V2X in a report on Tuesday, February 24th. Weiss Ratings reissued a “hold (c+)” rating on shares of V2X in a research note on Monday, December 29th. Robert W. Baird set a $94.00 price target on V2X in a report on Tuesday, February 24th. Finally, Citigroup increased their price target on V2X from $62.00 to $69.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $72.22.

View Our Latest Analysis on VVX

V2X Stock Performance

The stock’s 50-day simple moving average is $67.41 and its 200 day simple moving average is $60.12. The company has a market capitalization of $2.11 billion, a PE ratio of 27.55, a P/E/G ratio of 0.59 and a beta of 0.12. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.22 and a current ratio of 1.22.

V2X (NYSE:VVXGet Free Report) last released its quarterly earnings data on Monday, February 23rd. The company reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.23. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.21 billion. V2X had a net margin of 1.74% and a return on equity of 15.64%. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.33 EPS. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. As a group, research analysts expect that V2X, Inc. will post 4.16 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Comerica Bank lifted its stake in V2X by 79.1% during the third quarter. Comerica Bank now owns 480 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares during the last quarter. Larson Financial Group LLC lifted its position in shares of V2X by 207.3% during the 3rd quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock worth $44,000 after buying an additional 512 shares during the last quarter. LRI Investments LLC purchased a new stake in shares of V2X during the 3rd quarter worth approximately $57,000. CWM LLC boosted its holdings in shares of V2X by 188.9% in the 3rd quarter. CWM LLC now owns 1,037 shares of the company’s stock valued at $60,000 after buying an additional 678 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in shares of V2X by 140.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after buying an additional 623 shares in the last quarter. 95.18% of the stock is owned by institutional investors and hedge funds.

About V2X

(Get Free Report)

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.

Read More

Receive News & Ratings for V2X Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for V2X and related companies with MarketBeat.com's FREE daily email newsletter.