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

Shares of V2X, Inc. (NYSE:VVX) have been assigned an average recommendation of “Moderate Buy” from the nine brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $65.38.

Several equities research analysts recently weighed in on VVX shares. JMP Securities reissued a “market outperform” rating and set a $80.00 price objective on shares of V2X in a report on Friday, January 17th. Royal Bank of Canada cut their price target on V2X from $58.00 to $54.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. The Goldman Sachs Group assumed coverage on V2X in a research note on Thursday, December 12th. They issued a “sell” rating and a $54.00 price objective for the company. Raymond James cut their target price on shares of V2X from $65.00 to $60.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 25th. Finally, Citigroup assumed coverage on shares of V2X in a research report on Tuesday, January 21st. They issued a “buy” rating and a $64.00 price target for the company.

V2X Price Performance

Shares of NYSE:VVX opened at $45.55 on Friday. The firm has a 50 day simple moving average of $48.54 and a 200 day simple moving average of $54.00. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 162.68, a PEG ratio of 0.61 and a beta of 0.61. V2X has a one year low of $41.08 and a one year high of $69.75. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08.

Institutional Investors Weigh In On V2X

A number of institutional investors have recently modified their holdings of the company. 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 stake in shares of V2X by 19.1% in the 4th quarter. Vanguard Group Inc. now owns 898,112 shares of the company’s stock valued at $42,957,000 after purchasing an additional 144,029 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of V2X by 12.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 878,820 shares of the company’s stock valued at $42,035,000 after purchasing an additional 97,399 shares during the period. Simcoe Capital Management LLC boosted its position 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 valued at $35,057,000 after purchasing an additional 525,204 shares in the last quarter. Finally, Zimmer Partners LP grew its stake in V2X by 48.5% during the fourth quarter. Zimmer Partners LP now owns 389,609 shares of the company’s stock worth $18,635,000 after purchasing an additional 127,189 shares during the period. 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.