V2X (NYSE:VVX) Trading Down 4.9% – Here’s What Happened

V2X, Inc. (NYSE:VVX) was down 4.9% on Tuesday . The company traded as low as $73.47 and last traded at $73.4460. 151,862 shares changed hands during trading, a decline of 74% from the average daily volume of 589,174 shares. The stock had previously closed at $77.27.

Wall Street Analysts Forecast Growth

VVX has been the topic of a number of recent research reports. Zacks Research downgraded V2X from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. Stifel Nicolaus set a $102.00 price target on V2X in a research report on Tuesday, August 4th. Bank of America upped their price objective on V2X from $78.00 to $93.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Truist Financial reaffirmed a “hold” rating and set a $85.00 target price (up from $70.00) on shares of V2X in a report on Tuesday, August 4th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $94.00 target price on shares of V2X in a research note on Tuesday, August 4th. Six equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $86.90.

V2X Stock Performance

The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.32 and a current ratio of 1.32. The firm’s 50 day simple moving average is $79.15 and its 200-day simple moving average is $75.54. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 25.34, a PEG ratio of 0.60 and a beta of 0.17.

V2X (NYSE:VVX) last posted its quarterly earnings results on Monday, August 3rd. The company reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.20. V2X had a return on equity of 17.52% and a net margin of 1.88%.The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the business earned $1.33 earnings per share. The business’s revenue was up 16.5% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. On average, sell-side analysts predict that V2X, Inc. will post 6.27 EPS for the current year.

Institutional Trading of V2X

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of V2X during the second quarter worth $189,727,000. Bank of America Corp DE bought a new position in V2X in the 2nd quarter worth about $87,543,000. Reinhart Partners LLC. increased its holdings in shares of V2X by 60.6% during the fourth quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock valued at $77,964,000 after purchasing an additional 539,209 shares during the period. William Blair Investment Management LLC acquired a new stake in shares of V2X in the 4th quarter worth approximately $25,685,000. Finally, Van ECK Associates Corp acquired a new position in shares of V2X during the 2nd quarter valued at $32,910,000. 95.18% of the stock is currently owned by institutional investors and hedge funds.

About V2X

V2X, Inc is a defense and government-services contractor that provides mission solutions to the U.S. government, allied nations and other public-sector customers. The company supports national security, aerospace and defense, space, and other critical government programs through integrated technical and operational services.

Its offerings include logistics and sustainment, aviation and ground-systems maintenance, training and readiness, engineering and modernization, information technology, cybersecurity, communications, and other mission-support services.