V2X, Inc. (NYSE:VVX) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of V2X, Inc. (NYSE:VVX) have received a consensus rating of “Moderate Buy” from the nine brokerages that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $65.38.

A number of equities analysts recently issued reports on VVX shares. Raymond James dropped their price target on shares of V2X from $65.00 to $60.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 25th. JMP Securities reiterated a “market outperform” rating and issued a $80.00 price target on shares of V2X in a research note on Friday, January 17th. The Goldman Sachs Group started coverage on shares of V2X in a research note on Thursday, December 12th. They issued a “sell” rating and a $54.00 price target on the stock. Citigroup started coverage on shares of V2X in a research note on Tuesday, January 21st. They issued a “buy” rating and a $64.00 price target on the stock. Finally, BTIG Research started coverage on shares of V2X in a research note on Monday, November 25th. They issued a “buy” rating and a $80.00 price target on the stock.

V2X Stock Performance

Shares of VVX stock opened at $48.97 on Tuesday. V2X has a 12 month low of $41.08 and a 12 month high of $69.75. The stock has a market cap of $1.55 billion, a PE ratio of 174.88, a price-to-earnings-growth ratio of 0.61 and a beta of 0.61. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09. The company’s fifty day moving average price is $48.68 and its 200-day moving average price is $54.23.

Institutional Investors Weigh In On V2X

Several hedge funds and other institutional investors have recently made changes to their positions in VVX. US Bancorp DE increased its position in shares of V2X by 81.0% during the 3rd quarter. US Bancorp DE now owns 1,028 shares of the company’s stock valued at $57,000 after purchasing an additional 460 shares during the last quarter. Versor Investments LP purchased a new stake in V2X in the 3rd quarter worth approximately $447,000. Quest Partners LLC increased its holdings in V2X by 1,341.0% in the 3rd quarter. Quest Partners LLC now owns 9,698 shares of the company’s stock worth $542,000 after acquiring an additional 9,025 shares in the last quarter. Intech Investment Management LLC purchased a new stake in V2X in the 3rd quarter worth approximately $284,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in V2X by 1.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,361 shares of the company’s stock worth $6,835,000 after acquiring an additional 2,207 shares in the last quarter. Hedge funds and other institutional investors 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.