Brokerages Set V2X, Inc. (NYSE:VVX) PT at $65.38

Shares of V2X, Inc. (NYSE:VVX) have received a consensus rating of “Moderate Buy” from the nine brokerages that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $65.38.

A number of equities research analysts recently weighed in on the stock. Royal Bank of Canada lowered their target price on shares of V2X from $58.00 to $54.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. Raymond James decreased their price objective on shares of V2X from $65.00 to $60.00 and set an “outperform” rating for the company in a research note on Tuesday, February 25th. Citigroup assumed coverage on shares of V2X in a research report on Tuesday, January 21st. They set a “buy” rating and a $64.00 target price for the company. The Goldman Sachs Group started coverage on shares of V2X in a research report on Thursday, December 12th. They set a “sell” rating and a $54.00 target price for the company. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $80.00 price objective on shares of V2X in a report on Friday, January 17th.

Institutional Trading of V2X

Several institutional investors and hedge funds have recently made changes to their positions in the stock. FMR LLC raised its position in V2X by 23.8% in the 4th quarter. FMR LLC now owns 3,712,196 shares of the company’s stock worth $177,554,000 after purchasing an additional 714,722 shares during the period. Vanguard Group Inc. increased its position in shares of V2X by 19.1% in the fourth quarter. Vanguard Group Inc. now owns 898,112 shares of the company’s stock valued at $42,957,000 after acquiring an additional 144,029 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of V2X by 12.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 878,820 shares of the company’s stock valued at $42,035,000 after purchasing an additional 97,399 shares in the last quarter. Simcoe Capital Management LLC boosted its stake in shares of V2X by 252.8% during the 4th quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company’s stock valued at $35,057,000 after purchasing an additional 525,204 shares in the last quarter. Finally, Systematic Financial Management LP boosted its stake in shares of V2X by 43.5% during the 3rd quarter. Systematic Financial Management LP now owns 401,121 shares of the company’s stock valued at $22,407,000 after purchasing an additional 121,635 shares in the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.

V2X Price Performance

VVX stock opened at $48.65 on Tuesday. The stock has a market capitalization of $1.54 billion, a PE ratio of 173.75, a price-to-earnings-growth ratio of 0.61 and a beta of 0.61. The company’s 50-day moving average is $48.64 and its 200-day moving average is $54.33. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08. V2X has a 1 year low of $41.08 and a 1 year high of $69.75.

V2X Company Profile

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.