V2X (NYSE:VVX) Sets New 52-Week High – Still a Buy?

V2X, Inc. (NYSE:VVX) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $79.16 and last traded at $78.4660, with a volume of 12735 shares traded. The stock had previously closed at $77.33.

Analyst Ratings Changes

VVX has been the subject of several analyst reports. BTIG Research reiterated a “buy” rating and issued a $90.00 price target on shares of V2X in a report on Wednesday. The Goldman Sachs Group raised their price objective on V2X from $57.00 to $63.00 and gave the stock a “sell” rating in a report on Monday, March 2nd. Morgan Stanley lifted their price objective on V2X from $74.00 to $80.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Citigroup reiterated an “outperform” rating on shares of V2X in a research note on Tuesday, May 5th. Finally, Truist Financial raised their price target on V2X from $68.00 to $70.00 and gave the stock a “hold” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $77.80.

V2X Trading Up 1.8%

The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 28.32, a P/E/G ratio of 0.61 and a beta of 0.12. The business has a fifty day moving average price of $69.43 and a 200 day moving average price of $64.55.

V2X (NYSE:VVX) last posted its quarterly earnings results 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. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.13 billion. V2X had a return on equity of 16.94% and a net margin of 1.88%.The firm’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.98 earnings per share. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. As a group, equities analysts forecast that V2X, Inc. will post 6.13 earnings per share for the current year.

Insider Activity

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of VVX. PNC Financial Services Group Inc. raised its holdings in shares of V2X by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,986 shares of the company’s stock valued at $217,000 after buying an additional 165 shares during the period. Comerica Bank boosted its holdings in V2X by 79.1% in the 3rd quarter. Comerica Bank now owns 480 shares of the company’s stock worth $28,000 after acquiring an additional 212 shares during the period. New York State Teachers Retirement System grew its position in V2X by 16.6% in the fourth quarter. New York State Teachers Retirement System now owns 1,762 shares of the company’s stock valued at $96,000 after acquiring an additional 251 shares in the last quarter. Vident Advisory LLC grew its position in V2X by 2.5% in the fourth quarter. Vident Advisory LLC now owns 10,778 shares of the company’s stock valued at $588,000 after acquiring an additional 261 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC raised its stake in shares of V2X by 3.9% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 7,389 shares of the company’s stock valued at $403,000 after purchasing an additional 276 shares during the period. Institutional investors and hedge funds own 95.18% of the company’s stock.

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.