V2X (NYSE:VVX) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Shares of V2X, Inc. (NYSE:VVX) crossed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $74.13 and traded as high as $77.29. V2X shares last traded at $76.9790, with a volume of 292,185 shares trading hands.

Analysts Set New Price Targets

VVX has been the topic of a number of recent research reports. Citigroup reiterated a “market outperform” rating on shares of V2X in a report on Tuesday, July 28th. Stifel Nicolaus set a $102.00 price objective on V2X in a report on Tuesday, August 4th. Zacks Research lowered V2X from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Truist Financial reaffirmed a “hold” rating and set a $85.00 target price (up from $70.00) on shares of V2X in a research report on Tuesday, August 4th. Finally, Citizens Jmp lifted their target price on V2X from $90.00 to $102.00 and gave the stock a “market outperform” rating in a report on Tuesday, July 28th. Six analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $86.90.

V2X Price Performance

The company has a fifty day moving average of $74.13 and a 200 day moving average of $73.48. The firm has a market capitalization of $2.41 billion, a P/E ratio of 26.54, a PEG ratio of 0.58 and a beta of 0.18. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.32 and a quick ratio of 1.32.

V2X (NYSE:VVX) last released its earnings results on Monday, August 3rd. The company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.20. V2X had a net margin of 1.88% and a return on equity of 17.52%. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the firm posted $1.33 EPS. The company’s revenue for the quarter was up 16.5% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. Sell-side analysts predict that V2X, Inc. will post 6.27 earnings per share for the current year.

Institutional Investors Weigh In On V2X

A number of institutional investors have recently modified their holdings of the company. BG Investment Services LLC acquired a new position in V2X in the third quarter valued at $1,846,000. Simplicity Wealth LLC bought a new stake in V2X during the third quarter valued at $206,000. Kendall Capital Management boosted its position in V2X by 11.0% during the third quarter. Kendall Capital Management now owns 51,715 shares of the company’s stock valued at $3,660,000 after acquiring an additional 5,125 shares during the last quarter. Yousif Capital Management LLC acquired a new stake in V2X during the 3rd quarter worth about $567,000. Finally, New Wave Wealth Advisors LLC acquired a new stake in V2X during the 3rd quarter worth about $677,000. 95.18% of the stock is owned by institutional investors.

V2X Company Profile

V2X, Inc provides mission solutions and support services to the U.S. government, defense agencies, and allied governments. The company supports military and government operations through services that include logistics, operations and maintenance, training, engineering, modernization, cybersecurity, and other technology-enabled solutions.

Its work spans the defense and national security lifecycle, including the sustainment of aircraft, vehicles, equipment, and infrastructure; supply-chain and base operations; intelligence and analytical support; and digital, communications, and systems-integration services.