Meeder Asset Management Inc. bought a new stake in shares of V2X, Inc. (NYSE:VVX – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 33,570 shares of the company’s stock, valued at approximately $2,300,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of VVX. Comerica Bank lifted its position in V2X by 79.1% during the 3rd quarter. Comerica Bank now owns 480 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares during the period. Larson Financial Group LLC grew its holdings in V2X by 207.3% in the third quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock worth $44,000 after purchasing an additional 512 shares during the period. Fifth Third Bancorp purchased a new stake in V2X in the first quarter worth about $46,000. Osaic Holdings Inc. increased its stake in shares of V2X by 140.0% during the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after purchasing an additional 623 shares in the last quarter. Finally, KBC Group NV bought a new position in shares of V2X during the first quarter valued at approximately $64,000. 95.18% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
VVX has been the topic of a number of analyst reports. Raymond James Financial cut V2X from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 24th. Citigroup raised their price objective on V2X from $72.00 to $75.00 and gave the company a “neutral” rating in a research report on Wednesday, July 1st. Royal Bank Of Canada lifted their price objective on V2X from $70.00 to $75.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 5th. Noble Financial reissued an “outperform” rating on shares of V2X in a report on Tuesday, June 2nd. Finally, Citizens Jmp increased their target price on V2X from $80.00 to $90.00 and gave the stock a “market outperform” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $80.90.
V2X Stock Down 0.0%
Shares of V2X stock opened at $75.60 on Monday. The company has a 50-day simple moving average of $77.98 and a two-hundred day simple moving average of $71.14. The stock has a market capitalization of $2.37 billion, a PE ratio of 27.10, a price-to-earnings-growth ratio of 0.60 and a beta of 0.22. V2X, Inc. has a 52-week low of $46.27 and a 52-week high of $91.80. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.25 and a current ratio of 1.25.
V2X (NYSE:VVX – Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.29. The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.13 billion. V2X had a net margin of 1.88% and a return on equity of 16.94%. The business’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.98 earnings per share. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. On average, analysts anticipate that V2X, Inc. will post 6.16 EPS for the current fiscal year.
V2X 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.
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