V2X, Inc. (NYSE:VVX – Get Free Report)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as $85.01 and last traded at $84.8870, with a volume of 411130 shares changing hands. The stock had previously closed at $83.70.
Wall Street Analyst Weigh In
Several analysts have recently commented on the company. Stifel Nicolaus raised their price target on V2X from $77.50 to $79.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Royal Bank Of Canada increased their price objective on V2X from $70.00 to $75.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 5th. BTIG Research restated a “buy” rating and set a $90.00 target price on shares of V2X in a research report on Wednesday, May 27th. Weiss Ratings raised shares of V2X from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. Finally, Truist Financial increased their price target on shares of V2X from $68.00 to $70.00 and gave the company a “hold” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $80.60.
Read Our Latest Stock Analysis on V2X
V2X Stock Performance
V2X (NYSE:VVX – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.29. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.13 billion. V2X had a return on equity of 16.94% and a net margin of 1.88%.The business’s revenue was up 23.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.98 earnings per share. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. Analysts anticipate that V2X, Inc. will post 6.16 EPS for the current fiscal year.
Insider Activity
In other news, major shareholder American Industrial Partners C sold 2,545,432 shares of the stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $68.21, for a total value of $173,623,916.72. Following the completion of the sale, the insider owned 2,004,569 shares of the company’s stock, valued at $136,731,651.49. This represents a 55.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.99% of the stock is owned by insiders.
Hedge Funds Weigh In On V2X
Several large investors have recently added to or reduced their stakes in VVX. Comerica Bank raised its stake 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 in the last quarter. Fifth Third Bancorp acquired a new stake in V2X during the first quarter valued at approximately $46,000. Larson Financial Group LLC boosted its holdings in V2X by 207.3% during the third quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock worth $44,000 after buying an additional 512 shares in the last quarter. KBC Group NV bought a new stake in V2X during the first quarter worth approximately $64,000. Finally, Osaic Holdings Inc. grew its position in V2X by 140.0% in 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 last quarter. 95.18% of the stock is currently owned by institutional investors.
About V2X
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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