V2X (NYSE:VVX) Reaches New 52-Week High – Here’s What Happened

V2X, Inc. (NYSE:VVXGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $88.52 and last traded at $88.47, with a volume of 23265 shares. The stock had previously closed at $85.65.

Analyst Ratings Changes

VVX has been the topic of several analyst reports. Stifel Nicolaus upped their target price 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 boosted their price target on shares of V2X from $70.00 to $75.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 5th. Truist Financial upped 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. BTIG Research reiterated a “buy” rating and set a $90.00 price objective on shares of V2X in a research report on Wednesday, May 27th. Finally, The Goldman Sachs Group lifted their target price on shares of V2X from $57.00 to $63.00 and gave the stock a “sell” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $80.60.

View Our Latest Analysis on V2X

V2X Price Performance

The company has a debt-to-equity ratio of 0.96, a current ratio of 1.25 and a quick ratio of 1.25. The firm has a market capitalization of $2.85 billion, a price-to-earnings ratio of 32.61, a PEG ratio of 0.72 and a beta of 0.19. The business’s fifty day simple moving average is $73.39 and its 200 day simple moving average is $67.07.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in VVX. Comerica Bank lifted its position in V2X by 79.1% in 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. Larson Financial Group LLC raised its stake in shares of V2X by 207.3% in the third quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock worth $44,000 after purchasing an additional 512 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of V2X in the first quarter valued at approximately $46,000. Osaic Holdings Inc. lifted its holdings in shares of V2X by 140.0% in the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after purchasing an additional 623 shares in the last quarter. Finally, KBC Group NV purchased a new position in shares of V2X during the first quarter valued at approximately $64,000. Institutional investors own 95.18% of the company’s stock.

V2X Company Profile

(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.

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