Brokerages Assign Price Target of $65.38 for V2X, Inc. (NYSE:VVX)

Shares of V2X, Inc. (NYSE:VVX) have gained attention as brokerage firms establish a consensus rating of "Moderate Buy" for the stock, according to Marketbeat Ratings. Currently, nine ratings firms are covering the company, providing a range of insights. Among these, one research analyst has issued a sell recommendation, two analysts have labeled the stock as a hold, five others have given a buy recommendation, and one has assigned a strong buy rating. The average 12-month price target among these analysts stands at $65.38.

A variety of research analysts have recently expressed their views on V2X. BTIG Research initiated coverage on November 25th, setting a buy rating with a price target of $80.00. Meanwhile, Raymond James adjusted their price target from $65.00 down to $60.00, maintaining an outperform rating on February 25th. The Goldman Sachs Group began coverage on December 12th, assigning a sell rating with a target price of $54.00. Citigroup entered the mix on January 21st, issuing a buy rating with a target price of $64.00. In addition, JMP Securities reaffirmed a market outperform rating along with a price objective of $80.00 on January 17th.

Current Stock Performance

As of Tuesday, VVX opened at $48.65, showcasing a slight increase of 0.3%. The company boasts a quick ratio of 1.08 and a current ratio of 1.08, indicating stable liquidity. The debt-to-equity ratio is reported at 1.09. The stock has a 50-day moving average of $48.64 and a 200-day moving average of $54.33. Over the last year, the stock reached a low of $41.08 and a high of $69.75. Currently, its market capitalization is approximately $1.54 billion, with a price-to-earnings ratio of 173.75 and a PEG ratio of 0.61, alongside a beta of 0.61.

Institutional Investor Activity

Institutional investors have been actively adjusting their stakes in V2X. For instance, US Bancorp DE significantly increased its holdings by 81.0% during the third quarter, now owning 1,028 shares valued at $57,000 after acquiring an additional 460 shares in the last quarter. Furthermore, Versor Investments LP made a new investment in V2X worth approximately $447,000 during the same period. Quest Partners LLC grew its position dramatically by 1,341.0%, bringing its total to 9,698 shares valued at around $542,000. Meanwhile, Intech Investment Management LLC entered a new investment position in V2X worth about $284,000. Lastly, Charles Schwab Investment Management Inc. increased its holdings by 1.8%, now owning 122,361 shares valued at $6,835,000. Notably, institutional investors collectively hold 95.18% of the company's stock.

About V2X, Inc.

V2X, Inc. specializes in providing essential mission solutions and support services to defense clients around the globe. The company delivers integrated solutions encompassing operations and logistics, aerospace, training, and technology sectors, serving a diverse clientele that includes national security, defense, and civilian entities. Established in 2014, V2X is headquartered in McLean, Virginia.

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