V2X (NYSE:VVX) Earns Underweight Rating from Analysts at Morgan Stanley

Morgan Stanley started coverage on shares of V2X (NYSE:VVX) in a research note released on Wednesday morning, MarketBeat Ratings reports. The firm issued an underweight rating and a $51.00 price target on the stock.

A number of other analysts also recently commented on the company. JMP Securities reiterated a “market outperform” rating and issued a $80.00 price objective on shares of V2X in a research report on Friday, January 17th. Raymond James decreased their price target on shares of V2X from $65.00 to $60.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 25th. Truist Financial lowered their price target on shares of V2X from $68.00 to $55.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Citigroup assumed coverage on shares of V2X in a research report on Tuesday, January 21st. They set a “buy” rating and a $64.00 target price on the stock. Finally, Royal Bank of Canada dropped their price target 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. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, V2X presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.90.

V2X Stock Down 0.6 %

Shares of VVX opened at $48.16 on Wednesday. V2X has a 52 week low of $41.08 and a 52 week high of $69.75. The firm has a market capitalization of $1.52 billion, a P/E ratio of 172.01, a P/E/G ratio of 0.61 and a beta of 0.45. The company has a 50-day simple moving average of $47.80 and a 200-day simple moving average of $53.53. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company increased its holdings in V2X by 3.7% during the 4th quarter. The Manufacturers Life Insurance Company now owns 7,376 shares of the company’s stock valued at $353,000 after purchasing an additional 266 shares in the last quarter. Summit Investment Advisors Inc. increased its stake in shares of V2X by 24.1% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company’s stock valued at $71,000 after buying an additional 288 shares in the last quarter. Corebridge Financial Inc. raised its holdings in shares of V2X by 7.1% in the fourth quarter. Corebridge Financial Inc. now owns 7,044 shares of the company’s stock valued at $337,000 after buying an additional 470 shares during the last quarter. LPL Financial LLC lifted its position in V2X by 11.0% during the 4th quarter. LPL Financial LLC now owns 5,112 shares of the company’s stock worth $245,000 after buying an additional 508 shares in the last quarter. Finally, Edmond DE Rothschild Holding S.A. lifted its position in V2X by 15.3% during the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 4,204 shares of the company’s stock worth $201,000 after buying an additional 558 shares in the last quarter. 95.18% of the stock is owned by institutional investors and hedge funds.

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.