V2X (NYSE:VVX) Sees Unusually-High Trading Volume – What’s Next?

Shares of V2X, Inc. (NYSE:VVXGet Free Report) saw unusually-high trading volume on Monday . Approximately 575,568 shares traded hands during trading, an increase of 14% from the previous session’s volume of 505,044 shares.The stock last traded at $68.8950 and had previously closed at $68.32.

Analyst Upgrades and Downgrades

VVX has been the topic of several analyst reports. BTIG Research upped their target price on shares of V2X from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Weiss Ratings raised shares of V2X from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Royal Bank Of Canada boosted their price objective on shares of V2X from $60.00 to $70.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 24th. The Goldman Sachs Group upped their price objective on V2X from $57.00 to $63.00 and gave the company a “sell” rating in a research report on Monday, March 2nd. Finally, Morgan Stanley lifted their target price on V2X from $61.00 to $66.00 and gave the stock an “underweight” rating in a report on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $72.22.

Check Out Our Latest Research Report on V2X

V2X Stock Performance

The business’s fifty day moving average price is $68.59 and its 200-day moving average price is $61.06. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a market cap of $2.11 billion, a PE ratio of 27.59, a P/E/G ratio of 0.58 and a beta of 0.12.

V2X (NYSE:VVXGet Free Report) last released its quarterly earnings data on Monday, February 23rd. The company reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.23. The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.21 billion. V2X had a net margin of 1.74% and a return on equity of 15.64%. The firm’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. As a group, equities research analysts forecast that V2X, Inc. will post 4.16 EPS for the current fiscal year.

Insiders Place Their Bets

In other V2X news, major shareholder American Industrial Partners C sold 2,545,432 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $68.21, for a total transaction of $173,623,916.72. Following the completion of the sale, the insider directly owned 2,004,569 shares in the company, valued at approximately $136,731,651.49. The trade was a 55.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On V2X

A number of institutional investors and hedge funds have recently modified their holdings of VVX. Reinhart Partners LLC. increased its position in V2X by 206.8% during the third quarter. Reinhart Partners LLC. now owns 890,002 shares of the company’s stock valued at $51,701,000 after acquiring an additional 599,921 shares during the last quarter. Envestnet Asset Management Inc. bought a new position in V2X in the third quarter valued at about $5,824,000. Hennion & Walsh Asset Management Inc. boosted its position in V2X by 53.1% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 54,499 shares of the company’s stock worth $3,166,000 after purchasing an additional 18,903 shares during the last quarter. Geode Capital Management LLC boosted its position in V2X by 2.8% in the second quarter. Geode Capital Management LLC now owns 374,553 shares of the company’s stock worth $18,186,000 after purchasing an additional 10,062 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of V2X by 17.9% during the 3rd quarter. Vanguard Group Inc. now owns 1,189,562 shares of the company’s stock valued at $69,102,000 after purchasing an additional 180,702 shares during the period. 95.18% of the stock is currently owned by hedge funds and other institutional investors.

About V2X

(Get Free Report)

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.

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