V2X, Inc. (NYSE:VVX – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $88.52 and last traded at $88.47, with a volume of 23265 shares. The stock had previously closed at $85.65.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on VVX shares. The Goldman Sachs Group boosted their price objective on V2X from $57.00 to $63.00 and gave the stock a “sell” rating in a research report on Monday, March 2nd. Truist Financial boosted their price objective on V2X from $68.00 to $70.00 and gave the stock a “hold” rating in a research report on Tuesday, May 5th. Citigroup reiterated an “outperform” rating on shares of V2X in a research report on Tuesday, May 5th. Robert W. Baird set a $94.00 target price on V2X in a research report on Tuesday, February 24th. Finally, Noble Financial restated an “outperform” rating on shares of V2X in a research report on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $80.60.
Get Our Latest Stock Report on VVX
V2X Price Performance
V2X (NYSE:VVX – Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.29. V2X had a return on equity of 16.94% and a net margin of 1.88%.The company had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the prior year, the company earned $0.98 earnings per share. The firm’s revenue was up 23.4% on a year-over-year basis. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. On average, sell-side analysts predict that V2X, Inc. will post 6.16 earnings per share for the current year.
Institutional Trading of V2X
Several large investors have recently added to or reduced their stakes in the company. Segall Bryant & Hamill LLC acquired a new stake in V2X during the 1st quarter valued at $779,000. Bank of America Corp DE raised its stake in V2X by 26.5% during the 1st quarter. Bank of America Corp DE now owns 517,369 shares of the company’s stock valued at $35,440,000 after purchasing an additional 108,430 shares during the period. Janus Henderson Group PLC raised its stake in V2X by 708.3% during the 1st quarter. Janus Henderson Group PLC now owns 97,883 shares of the company’s stock valued at $6,705,000 after purchasing an additional 85,773 shares during the period. Amundi acquired a new stake in V2X during the 1st quarter valued at $426,000. Finally, California State Teachers Retirement System raised its stake in V2X by 32.9% during the 1st quarter. California State Teachers Retirement System now owns 29,546 shares of the company’s stock valued at $2,024,000 after purchasing an additional 7,307 shares during the period. 95.18% of the stock is owned by institutional investors and hedge funds.
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.
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