BTIG Research Reaffirms “Buy” Rating for V2X (NYSE:VVX)

by · The Cerbat Gem

V2X (NYSE:VVX – Get Free Report)‘s stock had its “buy” rating reiterated by BTIG Research in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $90.00 target price on the stock. BTIG Research’s price target would indicate a potential upside of 18.34% from the company’s previous close.

VVX has been the subject of several other research reports. Morgan Stanley increased their price objective on shares of V2X from $74.00 to $80.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. Truist Financial increased their price objective on shares of V2X from $68.00 to $70.00 and gave the company a “hold” rating in a research note on Tuesday, May 5th. Weiss Ratings lowered shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 15th. Citigroup reissued an “outperform” rating on shares of V2X in a research report on Tuesday, May 5th. Finally, Stifel Nicolaus increased their target price on shares of V2X from $77.50 to $79.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, V2X has a consensus rating of “Moderate Buy” and a consensus price target of $77.80.

Get Our Latest Analysis on V2X

V2X Trading Up 2.8%

VVX opened at $76.05 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.25 and a quick ratio of 1.25. V2X has a fifty-two week low of $43.42 and a fifty-two week high of $78.36. The firm has a market capitalization of $2.38 billion, a PE ratio of 27.26, a P/E/G ratio of 0.60 and a beta of 0.12. The company’s 50-day moving average is $69.22 and its 200 day moving average is $64.41.

V2X (NYSE:VVX – Get Free Report) last posted its earnings results on Monday, May 4th. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.29. V2X had a net margin of 1.88% and a return on equity of 16.94%. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same quarter in the prior year, the business posted $0.98 EPS. The firm’s revenue was up 23.4% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. As a group, research analysts predict that V2X will post 6.13 earnings per share for the current fiscal year.

Insider Activity

In other news, major shareholder American Industrial Partners C sold 2,545,432 shares of V2X 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 of the company’s stock, valued at approximately $136,731,651.49. The trade was a 55.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.99% of the company’s stock.

Institutional Trading of V2X

A number of hedge funds have recently made changes to their positions in VVX. Dimensional Fund Advisors LP raised its position in V2X by 12.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,503,707 shares of the company’s stock worth $103,001,000 after purchasing an additional 169,980 shares during the period. Vanguard Group Inc. raised its position in V2X by 20.6% in the 4th quarter. Vanguard Group Inc. now owns 1,434,711 shares of the company’s stock worth $78,263,000 after purchasing an additional 245,149 shares during the period. Reinhart Partners LLC. raised its position in V2X by 60.6% in the 4th quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock worth $77,964,000 after purchasing an additional 539,209 shares during the period. State Street Corp raised its position in V2X by 23.6% in the 4th quarter. State Street Corp now owns 1,192,058 shares of the company’s stock worth $65,027,000 after purchasing an additional 227,804 shares during the period. Finally, Ophir Asset Management Pty Ltd raised its position in V2X by 10.9% in the 4th quarter. Ophir Asset Management Pty Ltd now owns 912,274 shares of the company’s stock worth $49,765,000 after purchasing an additional 89,957 shares during the period. 95.18% of the stock is owned by 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.

Featured Stories