V2X (NYSE:VVX) Issues Earnings Results

V2X (NYSE:VVX) released its quarterly earnings results on Monday. The company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14, Zacks reports. V2X had a return on equity of 15.28% and a net margin of 1.63%.The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter last year, the business posted $1.29 earnings per share. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. V2X updated its FY 2025 guidance to 4.650-4.950 EPS.

V2X Stock Down 3.5%

Shares of NYSE:VVX opened at $56.34 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $1.79 billion, a P/E ratio of 25.61, a price-to-earnings-growth ratio of 0.59 and a beta of 0.26. V2X has a 12-month low of $41.08 and a 12-month high of $69.75. The stock’s 50-day moving average price is $57.34 and its 200-day moving average price is $52.15.

Insider Activity

In related news, Director Dino M. Cusumano sold 1,700,000 shares of the firm’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $52.20, for a total value of $88,740,000.00. Following the sale, the director directly owned 8,000,001 shares of the company’s stock, valued at $417,600,052.20. This trade represents a 17.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder American Industrial Partners C sold 1,700,000 shares of the firm’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $52.20, for a total value of $88,740,000.00. Following the completion of the sale, the insider directly owned 8,000,001 shares in the company, valued at $417,600,052.20. The trade was a 17.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 5,400,000 shares of company stock worth $277,480,000 over the last three months. 0.88% of the stock is owned by insiders.

Institutional Trading of V2X

Several large investors have recently modified their holdings of the business. Osaic Holdings Inc. grew its stake in shares of V2X by 140.0% in the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock worth $52,000 after purchasing an additional 623 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its stake in shares of V2X by 36.1% in the second quarter. CANADA LIFE ASSURANCE Co now owns 20,119 shares of the company’s stock worth $979,000 after purchasing an additional 5,336 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in shares of V2X by 336.0% in the second quarter. Tower Research Capital LLC TRC now owns 2,590 shares of the company’s stock worth $126,000 after purchasing an additional 1,996 shares during the last quarter. State of Tennessee Department of Treasury purchased a new stake in V2X in the second quarter worth about $267,000. Finally, Vident Advisory LLC purchased a new stake in V2X in the second quarter worth about $493,000. 95.18% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

VVX has been the topic of a number of research reports. Wall Street Zen upgraded V2X from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 30th. Stifel Nicolaus raised their price target on V2X from $63.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday. Zacks Research upgraded V2X from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. The Goldman Sachs Group raised their price objective on V2X from $45.00 to $50.00 and gave the company a “sell” rating in a research note on Wednesday, August 13th. Finally, Royal Bank Of Canada raised their price objective on V2X from $54.00 to $60.00 and gave the company a “sector perform” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, V2X has a consensus rating of “Moderate Buy” and an average target price of $63.40.

About V2X

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.