V2X (NYSE:VVX) Raised to Strong-Buy at Zacks Research

V2X (NYSE:VVX) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Thursday,Zacks.com reports.

A number of other research firms have also issued reports on VVX. Citigroup upped their target price on shares of V2X from $72.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. BTIG Research restated a “buy” rating and set a $90.00 price target on shares of V2X in a research report on Wednesday, May 27th. Morgan Stanley boosted their price target on shares of V2X from $74.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Noble Financial reaffirmed an “outperform” rating on shares of V2X in a research note on Tuesday, June 2nd. Finally, Raymond James Financial downgraded shares of V2X from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, V2X presently has an average rating of “Hold” and an average target price of $80.90.

V2X Stock Performance

Shares of NYSE:VVX opened at $75.08 on Thursday. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.25 and a quick ratio of 1.25. V2X has a 1 year low of $46.07 and a 1 year high of $91.80. The firm has a market capitalization of $2.35 billion, a PE ratio of 26.91, a P/E/G ratio of 0.60 and a beta of 0.22. The business’s 50 day moving average price is $77.78 and its 200-day moving average price is $70.34.

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

Institutional Trading of V2X

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP raised its holdings in shares of V2X by 842.1% during the 3rd quarter. Wellington Management Group LLP now owns 803,517 shares of the company’s stock worth $46,676,000 after acquiring an additional 718,225 shares during the period. Boston Partners grew its holdings in shares of V2X by 5,323.3% in the third quarter. Boston Partners now owns 553,235 shares of the company’s stock valued at $32,139,000 after purchasing an additional 543,034 shares during the period. Reinhart Partners LLC. increased its position in V2X by 60.6% during the fourth quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock worth $77,964,000 after purchasing an additional 539,209 shares during the last quarter. William Blair Investment Management LLC acquired a new stake in V2X during the fourth quarter worth about $25,685,000. Finally, Bank of America Corp DE increased its position in V2X by 727.4% during the third quarter. Bank of America Corp DE now owns 466,863 shares of the company’s stock worth $27,120,000 after purchasing an additional 410,438 shares during the last quarter. 95.18% of the stock is owned by institutional investors and hedge funds.

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.