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

Shares of V2X, Inc. (NYSE:VVX) have received a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $65.38.

Several equities research analysts have weighed in on VVX shares. Citigroup began coverage on V2X in a research report on Tuesday, January 21st. They issued a “buy” rating and a $64.00 target price on the stock. JMP Securities reaffirmed a “market outperform” rating and issued a $80.00 price objective on shares of V2X in a report on Friday, January 17th. Royal Bank of Canada reduced their target price on shares of V2X from $58.00 to $54.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. 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. Finally, The Goldman Sachs Group began coverage on V2X in a report on Thursday, December 12th. They set a “sell” rating and a $54.00 price target on the stock.

Institutional Trading of V2X

Hedge funds have recently modified their holdings of the company. FMR LLC raised its holdings in shares of V2X by 23.8% in the fourth quarter. FMR LLC now owns 3,712,196 shares of the company’s stock valued at $177,554,000 after buying an additional 714,722 shares during the last quarter. Vanguard Group Inc. lifted its stake in V2X by 19.1% in the fourth quarter. Vanguard Group Inc. now owns 898,112 shares of the company’s stock valued at $42,957,000 after buying an additional 144,029 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in V2X by 12.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 878,820 shares of the company’s stock worth $42,035,000 after purchasing an additional 97,399 shares in the last quarter. Simcoe Capital Management LLC raised its position in V2X by 252.8% in the 4th quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company’s stock valued at $35,057,000 after buying an additional 525,204 shares during the last quarter. Finally, Zimmer Partners LP raised its holdings in shares of V2X by 48.5% in the fourth quarter. Zimmer Partners LP now owns 389,609 shares of the company’s stock valued at $18,635,000 after purchasing an additional 127,189 shares during the last quarter. Institutional investors own 95.18% of the company’s stock.

V2X Price Performance

Shares of NYSE VVX opened at $49.83 on Friday. The business has a 50 day simple moving average of $48.03 and a 200-day simple moving average of $53.78. V2X has a twelve month low of $41.08 and a twelve month high of $69.75. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 177.97, a price-to-earnings-growth ratio of 0.61 and a beta of 0.45. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09.

V2X Company 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.