V2X, Inc. (NYSE:VVX) Director Buys $150,000.00 in Stock

V2X, Inc. (NYSE:VVX) Director Eric M. Pillmore bought 3,125 shares of V2X stock in a transaction that occurred on Friday, September 6th. The shares were acquired at an average price of $48.00 per share, with a total value of $150,000.00. Following the completion of the transaction, the director now owns 41,516 shares of the company’s stock, valued at $1,992,768. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

V2X Trading Down 0.6 %

Shares of VVX stock opened at $48.41 on Thursday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.15. The business has a 50-day moving average price of $50.58 and a two-hundred day moving average price of $47.73. V2X, Inc. has a 12-month low of $37.04 and a 12-month high of $58.25. The firm has a market cap of $1.52 billion, a P/E ratio of -372.38 and a beta of 0.60.

V2X (NYSE:VVX) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by ($0.01). V2X had a positive return on equity of 11.69% and a negative net margin of 0.30%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period last year, the firm earned $1.01 EPS. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. Equities analysts anticipate that V2X, Inc. will post 4.12 EPS for the current fiscal year.

Institutional Investors Weigh In On V2X

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC lifted its stake in shares of V2X by 2.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 10,164 shares of the company’s stock valued at $475,000 after acquiring an additional 287 shares during the last quarter. Quest Partners LLC lifted its stake in shares of V2X by 112.3% in the 2nd quarter. Quest Partners LLC now owns 673 shares of the company’s stock valued at $32,000 after acquiring an additional 356 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of V2X by 6.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,225 shares of the company’s stock valued at $347,000 after acquiring an additional 468 shares during the last quarter. Oak Associates Ltd. OH lifted its stake in shares of V2X by 2.9% in the 2nd quarter. Oak Associates Ltd. OH now owns 16,890 shares of the company’s stock valued at $810,000 after acquiring an additional 479 shares during the last quarter. Finally, Cape Investment Advisory Inc. bought a new stake in shares of V2X in the 4th quarter valued at about $34,000. Institutional investors own 95.18% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on VVX. JMP Securities restated a “market outperform” rating and set a $65.00 target price on shares of V2X in a research report on Friday, May 17th. Royal Bank of Canada restated an “outperform” rating and set a $55.00 target price on shares of V2X in a research report on Wednesday, August 7th.

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.