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

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

VVX has been the topic of a number of research reports. Raymond James lowered their target price on V2X from $65.00 to $60.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 25th. JMP Securities reiterated a “market outperform” rating and set a $80.00 price target on shares of V2X in a report on Friday, January 17th. Citigroup started coverage on V2X in a report on Tuesday, January 21st. They set a “buy” rating and a $64.00 price target for the company. BTIG Research started coverage on V2X in a report on Monday, November 25th. They set a “buy” rating and a $80.00 price target for the company. Finally, The Goldman Sachs Group started coverage on V2X in a report on Thursday, December 12th. They set a “sell” rating and a $54.00 price target for the company.

V2X Price Performance

Shares of NYSE:VVX opened at $46.90 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. V2X has a twelve month low of $41.08 and a twelve month high of $69.75. The stock’s 50 day moving average is $48.66 and its 200-day moving average is $54.49. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 167.50, a PEG ratio of 0.61 and a beta of 0.61.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. FMR LLC grew its stake in 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 period. Vanguard Group Inc. grew its stake in 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 grew its stake in 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 grew its stake in V2X by 252.8% in 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 during the period. Finally, Systematic Financial Management LP grew its stake in V2X by 43.5% in the 3rd quarter. Systematic Financial Management LP now owns 401,121 shares of the company’s stock valued at $22,407,000 after purchasing an additional 121,635 shares during the period. Institutional investors own 95.18% of the company’s stock.

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.