V2X (NYSE:VVX) Price Target Raised to $63.00

V2X (NYSE:VVX) had its target price boosted by The Goldman Sachs Group from $57.00 to $63.00 in a research report released on Monday,Benzinga reports. The Goldman Sachs Group currently has a sell rating on the stock.

Several other brokerages have also commented on VVX. BTIG Research upped their price target on V2X from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Stifel Nicolaus boosted their price objective on shares of V2X from $63.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Citigroup increased their target price on shares of V2X from $62.00 to $69.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Weiss Ratings reissued a “hold (c+)” rating on shares of V2X in a research note on Monday, December 29th. Finally, Robert W. Baird set a $94.00 price objective on shares of V2X in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $72.22.

V2X Stock Performance

NYSE:VVX opened at $73.93 on Monday. The company’s 50-day moving average is $65.45 and its two-hundred day moving average is $59.60. V2X has a 1-year low of $42.09 and a 1-year high of $75.00. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of 30.30, a PEG ratio of 0.62 and a beta of 0.12.

V2X (NYSE:VVX) last released its quarterly earnings results on Monday, February 23rd. The company reported $1.56 EPS for the quarter, beating the consensus estimate of $1.33 by $0.23. V2X had a net margin of 1.74% and a return on equity of 15.64%. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the previous year, the company earned $1.33 EPS. The business’s revenue for the quarter was up 5.3% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. Analysts forecast that V2X will post 4.16 EPS for the current year.

Insiders Place Their Bets

In related news, major shareholder American Industrial Partners C sold 1,200,000 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $55.05, for a total transaction of $66,060,000.00. Following the sale, the insider directly owned 4,550,001 shares of the company’s stock, valued at $250,477,555.05. This represents a 20.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.10% of the stock is currently owned by insiders.

Institutional Trading of V2X

A number of large investors have recently modified their holdings of VVX. Comerica Bank boosted its holdings in V2X by 79.1% in the third quarter. Comerica Bank now owns 480 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares during the period. Larson Financial Group LLC raised its position in V2X by 207.3% in the 3rd quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock valued at $44,000 after purchasing an additional 512 shares in the last quarter. LRI Investments LLC purchased a new position in shares of V2X in the 3rd quarter valued at about $57,000. CWM LLC grew its position in shares of V2X by 188.9% during the third quarter. CWM LLC now owns 1,037 shares of the company’s stock worth $60,000 after buying an additional 678 shares in the last quarter. Finally, 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 worth $52,000 after buying an additional 623 shares during the period. Hedge funds and other institutional investors own 95.18% of the company’s stock.

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.