Coppell Advisory Solutions LLC bought a new stake in V2X, Inc. (NYSE:VVX – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 14,669 shares of the company’s stock, valued at approximately $1,094,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio bought a new position in shares of V2X in the 2nd quarter valued at about $28,000. Comerica Bank boosted its position in V2X by 79.1% during the third quarter. Comerica Bank now owns 480 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares during the last quarter. Fifth Third Bancorp bought a new position in V2X in the first quarter valued at approximately $46,000. Larson Financial Group LLC grew its stake in V2X by 207.3% in the third quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock valued at $44,000 after purchasing an additional 512 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of V2X by 44.6% during the 2nd quarter. Allworth Financial LP now owns 765 shares of the company’s stock worth $57,000 after purchasing an additional 236 shares during the last quarter. 95.18% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the company. Weiss Ratings cut V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, June 11th. Robert W. Baird restated a “neutral” rating and set a $94.00 target price on shares of V2X in a report on Tuesday, August 4th. Citizens Jmp increased their price target on shares of V2X from $90.00 to $102.00 and gave the company a “market outperform” rating in a research note on Tuesday, July 28th. Stifel Nicolaus set a $102.00 price objective on shares of V2X in a research note on Tuesday, August 4th. Finally, Raymond James Financial downgraded shares of V2X from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 24th. Six equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, V2X presently has an average rating of “Hold” and an average target price of $86.90.
V2X Trading Down 3.4%
Shares of V2X stock opened at $74.81 on Thursday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.32 and a quick ratio of 1.32. The business has a fifty day simple moving average of $79.04 and a two-hundred day simple moving average of $75.01. V2X, Inc. has a 1 year low of $50.89 and a 1 year high of $93.98. The company has a market capitalization of $2.34 billion, a price-to-earnings ratio of 25.80, a P/E/G ratio of 0.60 and a beta of 0.17.
V2X (NYSE:VVX – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.44 by $0.20. The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.21 billion. V2X had a net margin of 1.88% and a return on equity of 17.52%. The company’s quarterly revenue was up 16.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. Research analysts forecast that V2X, Inc. will post 6.27 EPS for the current year.
V2X 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.
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