Royal Bank Of Canada Has Lowered Expectations for V2X (NYSE:VVX) Stock Price

V2X (NYSE:VVX) had its target price lowered by analysts at Royal Bank Of Canada from $88.00 to $81.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada‘s target price suggests a potential upside of 5.32% from the stock’s current price.

A number of other equities analysts have also commented on VVX. Wall Street Zen lowered shares of V2X from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Citizens Jmp raised their target price on V2X from $90.00 to $102.00 and gave the company a “market outperform” rating in a research note on Tuesday, July 28th. Stifel Nicolaus set a $102.00 target price on V2X in a research report on Tuesday, August 4th. Morgan Stanley lifted their target price on V2X from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 4th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of V2X in a research note on Tuesday, September 8th. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $87.50.

V2X Stock Performance

Shares of VVX stock traded down $0.26 on Wednesday, hitting $76.91. The stock had a trading volume of 49,568 shares, compared to its average volume of 565,413. The firm has a market capitalization of $2.41 billion, a price-to-earnings ratio of 26.52 and a beta of 0.18. The stock’s 50 day moving average is $74.02 and its 200-day moving average is $73.57. V2X has a 52-week low of $50.89 and a 52-week high of $93.98.

V2X (NYSE:VVX) last released its quarterly earnings results on Monday, August 3rd. The company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates 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’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. Equities analysts expect that V2X will post 6.27 earnings per share for the current year.

Institutional Trading of V2X

A number of hedge funds have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio acquired a new stake in V2X in the second quarter valued at $28,000. Ameritas Advisory Services LLC bought a new position in V2X during the 2nd quarter valued at $38,000. Fifth Third Bancorp acquired a new position in V2X during the 1st quarter worth $46,000. GAMMA Investing LLC grew its holdings in V2X by 118.3% during the 3rd quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock worth $54,000 after acquiring an additional 413 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in V2X by 44.6% during the 2nd quarter. Allworth Financial LP now owns 765 shares of the company’s stock worth $57,000 after acquiring an additional 236 shares in the last quarter. Institutional investors and hedge funds own 95.18% of the company’s stock.

About V2X

V2X, Inc provides mission solutions and support services to the U.S. government, defense agencies, and allied governments. The company supports military and government operations through services that include logistics, operations and maintenance, training, engineering, modernization, cybersecurity, and other technology-enabled solutions.

Its work spans the defense and national security lifecycle, including the sustainment of aircraft, vehicles, equipment, and infrastructure; supply-chain and base operations; intelligence and analytical support; and digital, communications, and systems-integration services.