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

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

A number of research firms have recently commented on VVX. Citigroup initiated coverage on shares of V2X in a research report on Tuesday, January 21st. They issued a “buy” rating and a $64.00 price objective for the company. Royal Bank of Canada dropped their target price on shares of V2X from $58.00 to $54.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. BTIG Research initiated coverage on shares of V2X in a research report on Monday, November 25th. They set a “buy” rating and a $80.00 target price for the company. JMP Securities reiterated a “market outperform” rating and set a $80.00 target price on shares of V2X in a research report on Friday, January 17th. Finally, Raymond James dropped their target price on shares of V2X from $65.00 to $60.00 and set an “outperform” rating for the company in a research report on Tuesday, February 25th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC increased its position in V2X by 119.8% during the 3rd quarter. Barclays PLC now owns 27,727 shares of the company’s stock valued at $1,550,000 after purchasing an additional 15,110 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of V2X by 1,014.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 231,592 shares of the company’s stock valued at $11,077,000 after buying an additional 210,814 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of V2X during the 3rd quarter valued at $284,000. Jane Street Group LLC boosted its holdings in shares of V2X by 37.4% during the 3rd quarter. Jane Street Group LLC now owns 17,636 shares of the company’s stock valued at $985,000 after buying an additional 4,799 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of V2X by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 340,793 shares of the company’s stock valued at $19,037,000 after buying an additional 29,869 shares in the last quarter. 95.18% of the stock is owned by hedge funds and other institutional investors.

V2X Price Performance

VVX stock opened at $48.97 on Tuesday. The firm has a 50 day moving average of $48.68 and a 200-day moving average of $54.23. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09. V2X has a 12 month low of $41.08 and a 12 month high of $69.75. The firm has a market capitalization of $1.55 billion, a P/E ratio of 174.88, a price-to-earnings-growth ratio of 0.61 and a beta of 0.61.

About V2X

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.