Susquehanna Fundamental Investments LLC raised its position in shares of V2X, Inc. (NYSE:VVX – Free Report) by 159.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 80,956 shares of the company’s stock after acquiring an additional 49,704 shares during the period. Susquehanna Fundamental Investments LLC’s holdings in V2X were worth $6,036,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of the business. Van ECK Associates Corp acquired a new stake in shares of V2X in the second quarter worth $32,910,000. Empowered Funds LLC purchased a new stake in V2X in the 2nd quarter worth about $5,879,000. Jefferies Financial Group Inc. purchased a new stake in V2X in the 2nd quarter worth about $1,970,000. Public Employees Retirement System of Ohio acquired a new stake in V2X during the 2nd quarter worth about $28,000. Finally, Corient Private Wealth LP purchased a new position in V2X during the 2nd quarter valued at about $211,000. Hedge funds and other institutional investors own 95.18% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on VVX. Robert W. Baird reiterated a “neutral” rating and issued a $94.00 target price on shares of V2X in a report on Tuesday, August 4th. Citigroup reaffirmed a “market outperform” rating on shares of V2X in a research report on Tuesday, July 28th. Noble Financial reiterated an “outperform” rating on shares of V2X in a research report on Tuesday, June 2nd. Royal Bank Of Canada lifted their target price on shares of V2X from $70.00 to $75.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 5th. Finally, Bank of America boosted their price target on shares of V2X from $78.00 to $93.00 and gave the company a “buy” rating in a report on Friday, May 29th. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $86.90.
V2X Trading Down 0.8%
NYSE:VVX opened at $77.08 on Tuesday. The stock’s 50 day moving average price is $79.19 and its 200 day moving average price is $74.85. V2X, Inc. has a 52 week low of $50.89 and a 52 week high of $93.98. The company has a market capitalization of $2.42 billion, a P/E ratio of 26.58, a P/E/G ratio of 0.61 and a beta of 0.21. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.32 and a current ratio of 1.32.
V2X (NYSE:VVX – Get Free Report) last issued 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 firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.21 billion. V2X had a net margin of 1.88% and a return on equity of 17.52%. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. On average, research analysts forecast that V2X, Inc. will post 6.27 EPS for the current fiscal year.
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.
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