BTIG Research Reaffirms “Buy” Rating for V2X (NYSE:VVX)

V2X (NYSE:VVX)‘s stock had its “buy” rating reiterated by equities research analysts at BTIG Research in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $90.00 price target on the stock. BTIG Research’s target price indicates a potential upside of 18.34% from the company’s current price.

A number of other equities analysts have also recently issued reports on VVX. Citigroup restated an “outperform” rating on shares of V2X in a research report on Tuesday, May 5th. Stifel Nicolaus boosted their price objective on shares of V2X from $77.50 to $79.00 and gave the company a “buy” rating in a research 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 company a “sector perform” rating in a research report on Tuesday, May 5th. Weiss Ratings cut shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 15th. Finally, Morgan Stanley boosted their price target on shares of V2X from $74.00 to $80.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, V2X has a consensus rating of “Moderate Buy” and an average target price of $77.80.

V2X Price Performance

VVX stock opened at $76.05 on Wednesday. The firm’s 50-day moving average price is $69.22 and its two-hundred day moving average price is $64.41. V2X has a 12-month low of $43.42 and a 12-month high of $78.36. The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 0.60 and a beta of 0.12. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.96.

V2X (NYSE:VVX) last released its quarterly earnings data on Monday, May 4th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.29. V2X had a net margin of 1.88% and a return on equity of 16.94%. The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the previous year, the company 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. As a group, equities analysts predict that V2X will post 6.13 earnings per share for the current year.

Insider Activity

In related news, major shareholder American Industrial Partners C sold 2,545,432 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $68.21, for a total transaction of $173,623,916.72. Following the transaction, the insider owned 2,004,569 shares in the company, valued at $136,731,651.49. The trade was a 55.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.99% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On V2X

Several large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its position in shares of V2X by 12.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,503,707 shares of the company’s stock worth $103,001,000 after purchasing an additional 169,980 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of V2X by 20.6% in the 4th quarter. Vanguard Group Inc. now owns 1,434,711 shares of the company’s stock worth $78,263,000 after purchasing an additional 245,149 shares in the last quarter. Reinhart Partners LLC. boosted its position in shares of V2X by 60.6% in the 4th quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock worth $77,964,000 after purchasing an additional 539,209 shares in the last quarter. State Street Corp boosted its position in shares of V2X by 23.6% in the 4th quarter. State Street Corp now owns 1,192,058 shares of the company’s stock worth $65,027,000 after purchasing an additional 227,804 shares in the last quarter. Finally, Ophir Asset Management Pty Ltd boosted its position in shares of V2X by 10.9% in the 4th quarter. Ophir Asset Management Pty Ltd now owns 912,274 shares of the company’s stock worth $49,765,000 after purchasing an additional 89,957 shares in the last quarter. 95.18% of the stock is currently owned by hedge funds and other institutional investors.

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.