V2X (NYSE:VVX) Price Target Raised to $102.00

V2X (NYSE:VVX) had its price target boosted by Citizens Jmp from $90.00 to $102.00 in a research note released on Tuesday,Benzinga reports. Citizens Jmp currently has a market outperform rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Noble Financial reaffirmed an “outperform” rating on shares of V2X in a research note on Tuesday, June 2nd. Raymond James Financial lowered shares of V2X from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 24th. Stifel Nicolaus upped their price objective on shares of V2X from $77.50 to $79.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Weiss Ratings lowered shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, June 11th. Finally, Morgan Stanley lifted their target price on shares of V2X from $74.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, V2X currently has a consensus rating of “Moderate Buy” and a consensus target price of $82.10.

V2X Stock Performance

NYSE VVX opened at $86.74 on Tuesday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.96. V2X has a fifty-two week low of $46.27 and a fifty-two week high of $91.80. The business has a fifty day moving average of $80.33 and a 200-day moving average of $72.77. The stock has a market cap of $2.72 billion, a price-to-earnings ratio of 31.09, a price-to-earnings-growth ratio of 0.69 and a beta of 0.22.

V2X (NYSE:VVX) last posted its quarterly earnings data on Monday, May 4th. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.29. The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.13 billion. V2X had a return on equity of 16.94% and a net margin of 1.88%.The business’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.98 earnings per share. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. As a group, analysts predict that V2X will post 6.16 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VVX. Allspring Global Investments Holdings LLC raised its holdings in shares of V2X by 1,157.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 206,747 shares of the company’s stock worth $11,487,000 after purchasing an additional 190,302 shares during the period. SG Americas Securities LLC grew its holdings in shares of V2X by 360.0% during the 4th quarter. SG Americas Securities LLC now owns 18,939 shares of the company’s stock worth $1,033,000 after purchasing an additional 14,822 shares during the period. Tudor Investment Corp ET AL acquired a new stake in V2X during the 3rd quarter worth approximately $1,462,000. Dimensional Fund Advisors LP increased its position in V2X by 12.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,503,707 shares of the company’s stock worth $103,001,000 after purchasing an additional 169,980 shares in the last quarter. Finally, Meeder Asset Management Inc. purchased a new position in V2X in the first quarter valued at approximately $2,300,000. Institutional investors and hedge funds 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.