V2X (NYSE:VVX) Downgraded to “Buy” Rating by Wall Street Zen

Wall Street Zen downgraded shares of V2X (NYSE:VVX) from a strong-buy rating to a buy rating in a research note published on Saturday.

Several other equities research analysts have also recently weighed in on the company. Citizens Jmp upped their price target on V2X from $90.00 to $102.00 and gave the company a “market outperform” rating in a research report on Tuesday, July 28th. Stifel Nicolaus set a $102.00 price objective on shares of V2X in a research report on Tuesday. Raymond James Financial cut shares of V2X from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 24th. Royal Bank Of Canada upped their target price on shares of V2X from $70.00 to $75.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 5th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $94.00 target price on shares of V2X in a research note on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, V2X presently has a consensus rating of “Moderate Buy” and an average price target of $86.90.

V2X Trading Down 0.3%

NYSE:VVX opened at $84.33 on Friday. The company has a market cap of $2.64 billion, a P/E ratio of 29.08, a P/E/G ratio of 0.66 and a beta of 0.21. The stock’s fifty day moving average price is $81.06 and its two-hundred day moving average price is $73.44. V2X has a 1 year low of $49.59 and a 1 year high of $93.98. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.32 and a quick ratio of 1.25.

V2X (NYSE:VVX) last announced its quarterly earnings results 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. V2X had a return on equity of 17.52% and a net margin of 1.88%.The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the business earned $1.33 earnings per share. The firm’s quarterly revenue was up 16.5% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. As a group, analysts expect that V2X will post 6.27 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of VVX. BlackRock Inc. bought a new stake in V2X during the second quarter valued at approximately $189,727,000. Dimensional Fund Advisors LP grew its stake in V2X by 12.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,503,707 shares of the company’s stock worth $103,001,000 after buying an additional 169,980 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of V2X by 20.6% in the 4th quarter. Vanguard Group Inc. now owns 1,434,711 shares of the company’s stock worth $78,263,000 after buying an additional 245,149 shares during the last quarter. Reinhart Partners LLC. increased its holdings in shares of V2X by 60.6% in the 4th quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock worth $77,964,000 after buying an additional 539,209 shares during the last quarter. Finally, State Street Corp raised its position in shares of 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 buying an additional 227,804 shares in the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.

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.