V2X (NYSE:VVX) Sets New 1-Year High – Here’s What Happened

V2X, Inc. (NYSE:VVX) reached a new 52-week high during mid-day 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 Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Royal Bank Of Canada lifted their price objective on shares of V2X from $70.00 to $75.00 and gave the company a “sector perform” rating in a report on Tuesday, May 5th. BTIG Research reiterated a “buy” rating and issued a $90.00 price objective on shares of V2X in a report on Wednesday, May 27th. Robert W. Baird set a $94.00 price objective on shares of V2X in a report on Tuesday, February 24th. Stifel Nicolaus boosted their target price on shares of V2X from $77.50 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Truist Financial boosted their target price on shares of V2X from $68.00 to $70.00 and gave the stock a “hold” rating in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $80.60.

V2X Stock Performance

The stock has a market capitalization of $2.66 billion, a price-to-earnings ratio of 30.43, a P/E/G ratio of 0.68 and a beta of 0.19. The company’s fifty day simple moving average is $71.47 and its 200 day simple moving average is $65.85. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.96.

V2X (NYSE:VVX) last released its quarterly earnings data on Monday, May 4th. The company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.24 by $0.29. V2X had a net margin of 1.88% and a return on equity of 16.94%. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the previous year, the company earned $0.98 earnings per share. The company’s quarterly revenue was up 23.4% on a year-over-year basis. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. On average, equities research analysts expect that V2X, Inc. will post 6.16 earnings per share for the current year.

Insider Activity at V2X

In other V2X news, major shareholder American Industrial Partners C sold 2,545,432 shares of the company’s 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 transaction, the insider directly owned 2,004,569 shares in the company, valued at $136,731,651.49. The trade was a 55.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.99% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On V2X

Several institutional investors and hedge funds have recently modified their holdings of VVX. Wellington Management Group LLP increased its holdings in shares of V2X by 842.1% in the third quarter. Wellington Management Group LLP now owns 803,517 shares of the company’s stock valued at $46,676,000 after purchasing an additional 718,225 shares during the last quarter. Boston Partners increased its holdings in shares of V2X by 5,323.3% in the third quarter. Boston Partners now owns 553,235 shares of the company’s stock valued at $32,139,000 after purchasing an additional 543,034 shares during the last quarter. Reinhart Partners LLC. increased its holdings in shares of V2X by 60.6% in the fourth quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock valued at $77,964,000 after purchasing an additional 539,209 shares during the last quarter. William Blair Investment Management LLC acquired a new position in shares of V2X in the fourth quarter valued at $25,685,000. Finally, Bank of America Corp DE boosted its position in shares of V2X by 727.4% in the third quarter. Bank of America Corp DE now owns 466,863 shares of the company’s stock valued at $27,120,000 after acquiring an additional 410,438 shares during the period. 95.18% of the stock is currently owned by institutional investors and hedge funds.

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.