V2X (NYSE:VVX) Raised to Strong-Buy at Zacks Research

V2X (NYSE:VVX) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.

Several other research analysts also recently weighed in on VVX. Weiss Ratings downgraded shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, June 11th. Bank of America boosted their price objective on shares of V2X from $78.00 to $93.00 and gave the company a “buy” rating in a research report on Friday, May 29th. BTIG Research reissued a “buy” rating and set a $90.00 price objective on shares of V2X in a research note on Wednesday, May 27th. Truist Financial raised their target price on shares of V2X from $68.00 to $70.00 and gave the stock a “hold” rating in a research report on Tuesday, May 5th. Finally, Raymond James Financial cut shares of V2X from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $80.90.

V2X Price Performance

NYSE VVX traded down $0.54 during mid-day trading on Thursday, hitting $75.08. The stock had a trading volume of 212,832 shares, compared to its average volume of 599,581. The company has a 50 day simple moving average of $77.78 and a 200 day simple moving average of $70.34. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.96. The company has a market cap of $2.35 billion, a price-to-earnings ratio of 26.91, a P/E/G ratio of 0.60 and a beta of 0.22. V2X has a 52-week low of $46.07 and a 52-week high of $91.80.

V2X (NYSE:VVX) last announced its quarterly earnings results on Monday, May 4th. The company reported $1.53 earnings per share (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 company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the firm earned $0.98 earnings per share. The company’s revenue for the quarter was up 23.4% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. Equities analysts forecast that V2X will post 6.16 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Comerica Bank grew its holdings in V2X by 79.1% in the third quarter. Comerica Bank now owns 480 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares during the period. Larson Financial Group LLC raised its stake 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 purchasing an additional 512 shares during the period. Fifth Third Bancorp acquired a new position in shares of V2X in the 1st quarter valued at $46,000. Osaic Holdings Inc. grew its stake in shares of V2X by 140.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after buying an additional 623 shares during the period. Finally, KBC Group NV acquired a new stake in shares of V2X during the 1st quarter worth $64,000. 95.18% of the stock is currently owned by hedge funds and other 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.