V2X (NYSE:VVX) Stock Gets Price Target Reduction from Royal Bank Of Canada

V2X (NYSE:VVX) had its price objective trimmed by Royal Bank Of Canada from $88.00 to $81.00 in a report issued on Wednesday morning,Benzinga reports. The firm currently has a sector perform rating on the stock.

A number of other analysts also recently commented on VVX. Robert W. Baird downgraded shares of V2X from an “outperform” rating to a “neutral” rating and set a $94.00 price objective on the stock. in a report on Tuesday, August 4th. Truist Financial restated a “hold” rating and issued a $85.00 price target (up from $70.00) on shares of V2X in a research report on Tuesday, August 4th. Morgan Stanley raised their price target on shares of V2X from $80.00 to $90.00 and gave the company an “equal weight” rating in a report on Tuesday, August 4th. Wall Street Zen cut V2X from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Citizens Jmp increased their target price on V2X from $90.00 to $102.00 and gave the stock a “market outperform” rating in a report on Tuesday, July 28th. Six investment 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’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $87.50.

V2X Stock Down 0.1%

VVX opened at $80.42 on Wednesday. The firm has a 50-day simple moving average of $73.94 and a two-hundred day simple moving average of $73.82. V2X has a 52 week low of $50.89 and a 52 week high of $93.98. The company has a market capitalization of $2.52 billion, a PE ratio of 27.73, a price-to-earnings-growth ratio of 0.63 and a beta of 0.18. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.92.

V2X (NYSE:VVX) last issued its quarterly earnings results on Monday, August 3rd. The company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.44 by $0.20. V2X had a net margin of 1.88% and a return on equity of 17.52%. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the prior year, the firm posted $1.33 EPS. The firm’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. Analysts forecast that V2X will post 6.27 earnings per share for the current fiscal year.

Institutional Investors Weigh In On V2X

Several hedge funds have recently bought and sold shares of the stock. Allworth Financial LP grew its holdings in V2X by 44.6% during the 2nd quarter. Allworth Financial LP now owns 765 shares of the company’s stock valued at $57,000 after purchasing an additional 236 shares during the last quarter. New York State Teachers Retirement System boosted its stake in shares of V2X by 20.9% during the first quarter. New York State Teachers Retirement System now owns 2,130 shares of the company’s stock valued at $146,000 after purchasing an additional 368 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of V2X during the 2nd quarter worth $28,000. GAMMA Investing LLC grew its position in shares of V2X by 118.3% in the 3rd quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock worth $54,000 after buying an additional 413 shares during the last quarter. Finally, ProShare Advisors LLC increased its position in shares of V2X by 13.3% during the third quarter. ProShare Advisors LLC now owns 4,355 shares of the company’s stock worth $308,000 after purchasing an additional 510 shares in the last quarter. 95.18% of the stock is currently owned by institutional investors and hedge funds.

V2X Company Profile

V2X, Inc provides mission solutions and support services to the U.S. government, defense agencies, and allied governments. The company supports military and government operations through services that include logistics, operations and maintenance, training, engineering, modernization, cybersecurity, and other technology-enabled solutions.

Its work spans the defense and national security lifecycle, including the sustainment of aircraft, vehicles, equipment, and infrastructure; supply-chain and base operations; intelligence and analytical support; and digital, communications, and systems-integration services.