V2X (NYSE:VVX) Sees Strong Trading Volume – Here’s Why

V2X, Inc. (NYSE:VVX) shares saw an uptick in trading volume on Friday . 472,524 shares changed hands during mid-day trading, an increase of 2% from the previous session’s volume of 461,605 shares.The stock last traded at $67.1710 and had previously closed at $70.07.

Wall Street Analysts Forecast Growth

VVX has been the topic of a number of analyst reports. Morgan Stanley lifted their target price on shares of V2X from $61.00 to $66.00 and gave the stock an “underweight” rating in a research note on Wednesday, February 25th. Citigroup upped their price target on V2X from $62.00 to $69.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Truist Financial reiterated a “hold” rating and set a $68.00 price target (up from $65.00) on shares of V2X in a report on Tuesday, February 24th. Robert W. Baird set a $94.00 price objective on shares of V2X in a report on Tuesday, February 24th. Finally, The Goldman Sachs Group upped their target price on shares of V2X from $57.00 to $63.00 and gave the company a “sell” rating in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, V2X presently has a consensus rating of “Hold” and an average price target of $72.22.

V2X Trading Down 3.6%

The company has a market cap of $2.11 billion, a PE ratio of 27.55, a price-to-earnings-growth ratio of 0.59 and a beta of 0.12. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.00. The business has a 50-day simple moving average of $67.41 and a 200-day simple moving average of $60.12.

V2X (NYSE:VVX) last released its quarterly earnings results on Monday, February 23rd. The company reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.23. V2X had a return on equity of 15.64% and a net margin of 1.74%.The company had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the prior year, the firm earned $1.33 earnings per share. The firm’s revenue was up 5.3% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. On average, analysts predict that V2X, Inc. will post 4.16 EPS for the current fiscal year.

Hedge Funds Weigh In On V2X

Several institutional investors have recently bought and sold shares of VVX. Wellington Management Group LLP increased its stake in V2X by 842.1% during the third quarter. Wellington Management Group LLP now owns 803,517 shares of the company’s stock worth $46,676,000 after purchasing an additional 718,225 shares during the period. Reinhart Partners LLC. boosted its stake in shares of V2X by 206.8% in the third quarter. Reinhart Partners LLC. now owns 890,002 shares of the company’s stock valued at $51,701,000 after purchasing an additional 599,921 shares during the period. Boston Partners grew 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 in the last quarter. William Blair Investment Management LLC acquired a new position in shares of V2X in the fourth quarter valued at approximately $25,685,000. Finally, Bank of America Corp DE increased its stake in V2X by 727.4% during the 3rd quarter. Bank of America Corp DE now owns 466,863 shares of the company’s stock worth $27,120,000 after buying an additional 410,438 shares during the period. 95.18% of the stock is 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.