V2X (VVX) Projected to Post Quarterly Earnings on Monday

V2X (NYSE:VVX) will likely be announcing its earnings results after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $0.91 per share and revenue of $1.04 billion for the quarter.

V2X Stock Down 0.1 %

Shares of NYSE:VVX opened at $49.42 on Friday. V2X has a 12-month low of $41.08 and a 12-month high of $69.75. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09. The firm has a market cap of $1.56 billion, a PE ratio of 176.51, a price-to-earnings-growth ratio of 0.61 and a beta of 0.45. The company has a fifty day simple moving average of $48.61 and a 200 day simple moving average of $52.69.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on VVX. Citigroup began coverage on shares of V2X in a research note on Tuesday, January 21st. They issued a “buy” rating and a $64.00 target price on the stock. Royal Bank of Canada reduced their target price on V2X from $58.00 to $54.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. JMP Securities reiterated a “market outperform” rating and issued a $80.00 price target on shares of V2X in a report on Friday, January 17th. Truist Financial reduced their price objective on V2X from $68.00 to $55.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Finally, Morgan Stanley began coverage on shares of V2X in a research note on Wednesday, April 16th. They set an “underweight” rating and a $51.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $62.90.

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.