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

Shares of V2X, Inc. (NYSE:VVX) have been assigned an average rating of “Moderate Buy” from the nine research firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $66.50.

Several analysts have weighed in on VVX shares. BTIG Research started coverage on shares of V2X in a research note on Monday, November 25th. They set a “buy” rating and a $80.00 price objective on the stock. Raymond James reaffirmed an “outperform” rating and set a $65.00 price objective (down from $72.00) on shares of V2X in a research note on Thursday, January 2nd. The Goldman Sachs Group started coverage on shares of V2X in a research note on Thursday, December 12th. They set a “sell” rating and a $54.00 price objective on the stock. Citigroup started coverage on shares of V2X in a research note on Tuesday, January 21st. They set a “buy” rating and a $64.00 price objective on the stock. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $80.00 price objective on shares of V2X in a research note on Friday, January 17th.

Insider Activity

In other news, General Counsel Jeremy John Nance sold 2,500 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $61.43, for a total transaction of $153,575.00. Following the sale, the general counsel now directly owns 10,634 shares of the company’s stock, valued at $653,246.62. This represents a 19.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.10% of the stock is owned by insiders.

Hedge Funds Weigh In On V2X

Several large investors have recently bought and sold shares of the business. FMR LLC lifted its holdings in 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 period. Vanguard Group Inc. lifted its holdings 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 during the period. Systematic Financial Management LP lifted its holdings in V2X by 43.5% in the third quarter. Systematic Financial Management LP now owns 401,121 shares of the company’s stock valued at $22,407,000 after buying an additional 121,635 shares during the period. JPMorgan Chase & Co. lifted its holdings in V2X by 1.4% in the fourth quarter. JPMorgan Chase & Co. now owns 345,411 shares of the company’s stock valued at $16,521,000 after buying an additional 4,618 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in V2X by 17.1% in the fourth quarter. Geode Capital Management LLC now owns 321,179 shares of the company’s stock valued at $15,366,000 after buying an additional 46,932 shares during the period. 95.18% of the stock is currently owned by institutional investors and hedge funds.

V2X Price Performance

Shares of V2X stock opened at $46.31 on Friday. 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 stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 165.40, a P/E/G ratio of 0.57 and a beta of 0.60. V2X has a 1-year low of $37.29 and a 1-year high of $69.75. The firm’s 50-day moving average price is $51.43 and its two-hundred day moving average price is $54.80.

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.