New Wave Wealth Advisors LLC acquired a new position in V2X, Inc. (NYSE:VVX – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 9,910 shares of the company’s stock, valued at approximately $677,000.
Other institutional investors have also recently bought and sold shares of the company. State of Alaska Department of Revenue lifted its position in shares of V2X by 253.5% in the third quarter. State of Alaska Department of Revenue now owns 6,424 shares of the company’s stock worth $454,000 after purchasing an additional 4,607 shares in the last quarter. GAMMA Investing LLC grew its position in V2X by 118.3% during the third quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock valued at $54,000 after purchasing an additional 413 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in V2X by 16.5% during the second quarter. The Manufacturers Life Insurance Company now owns 14,341 shares of the company’s stock valued at $1,069,000 after purchasing an additional 2,035 shares in the last quarter. Engineers Gate Manager LP grew its position in V2X by 147.0% during the second quarter. Engineers Gate Manager LP now owns 47,214 shares of the company’s stock valued at $3,520,000 after purchasing an additional 28,102 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in V2X in the 2nd quarter valued at approximately $456,000. 95.18% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms have issued reports on VVX. Raymond James Financial downgraded shares of V2X from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 24th. Zacks Research lowered shares of V2X from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. Morgan Stanley boosted their price target on shares of V2X from $80.00 to $90.00 and gave the company an “equal weight” rating in a report on Tuesday, August 4th. Wall Street Zen cut shares of V2X from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of V2X in a research note on Tuesday, July 28th. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $86.90.
View Our Latest Analysis on VVX
V2X Stock Up 0.3%
Shares of NYSE VVX traded up $0.20 during trading hours on Monday, hitting $70.38. The stock had a trading volume of 89,547 shares, compared to its average volume of 575,088. The firm’s 50-day moving average price is $75.10 and its two-hundred day moving average price is $75.78. V2X, Inc. has a 52 week low of $50.89 and a 52 week high of $93.98. The company has a market capitalization of $2.21 billion, a P/E ratio of 24.27, a P/E/G ratio of 0.55 and a beta of 0.18. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.32 and a current ratio of 1.32.
V2X (NYSE:VVX – Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The company reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.20. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.21 billion. V2X had a net margin of 1.88% and a return on equity of 17.52%. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. Analysts anticipate that V2X, Inc. will post 6.27 EPS for the current fiscal year.
About V2X
V2X, Inc is a government services and defense contractor that provides mission solutions to the U.S. Department of Defense, other federal agencies, and allied governments. The company supports military and government customers across the life cycle of complex programs, with services spanning operations, maintenance, logistics, training, modernization, and technical support.
Its capabilities include aircraft and equipment sustainment, supply-chain and logistics management, base and installation operations, mission support, information technology, cybersecurity, engineering, and workforce training.
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