V2X (NYSE:VVX) Price Target Lowered to $54.00 at Royal Bank of Canada

V2X (NYSE:VVX) had its price objective trimmed by Royal Bank of Canada from $58.00 to $54.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a sector perform rating on the stock.

VVX has been the topic of several other reports. The Goldman Sachs Group began coverage on V2X in a research report on Thursday, December 12th. They set a “sell” rating and a $54.00 price target on the stock. Raymond James reiterated an “outperform” rating and issued a $65.00 target price (down previously from $72.00) on shares of V2X in a report on Thursday, January 2nd. BTIG Research assumed coverage on shares of V2X in a report on Monday, November 25th. They set a “buy” rating and a $80.00 price target for the company. JMP Securities reiterated a “market outperform” rating and issued a $80.00 price objective on shares of V2X in a research note on Friday, January 17th. Finally, Citigroup began coverage on shares of V2X in a research report on Tuesday, January 21st. They issued a “buy” rating and a $64.00 target price for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, V2X presently has an average rating of “Moderate Buy” and an average price target of $65.38.

V2X Price Performance

Shares of NYSE:VVX opened at $48.90 on Tuesday. The company’s fifty day moving average is $48.99 and its two-hundred day moving average is $54.59. The company has a market cap of $1.54 billion, a P/E ratio of 174.65, a price-to-earnings-growth ratio of 0.61 and a beta of 0.60. V2X has a 12-month low of $37.58 and a 12-month high of $69.75. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09.

Institutional Trading of V2X

Large investors have recently added to or reduced their stakes in the business. FMR LLC lifted its stake in shares of V2X by 23.8% in the 4th quarter. FMR LLC now owns 3,712,196 shares of the company’s stock valued at $177,554,000 after purchasing an additional 714,722 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of V2X by 19.1% in the fourth quarter. Vanguard Group Inc. now owns 898,112 shares of the company’s stock worth $42,957,000 after buying an additional 144,029 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of V2X by 12.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 878,820 shares of the company’s stock worth $42,035,000 after buying an additional 97,399 shares during the last quarter. Simcoe Capital Management LLC boosted its stake in shares of V2X by 252.8% during the 4th quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company’s stock worth $35,057,000 after acquiring an additional 525,204 shares in the last quarter. Finally, Systematic Financial Management LP increased its holdings in shares of V2X by 43.5% during the 3rd quarter. Systematic Financial Management LP now owns 401,121 shares of the company’s stock valued at $22,407,000 after acquiring an additional 121,635 shares during the last quarter. 95.18% of the stock is owned by institutional investors.

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.