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TheStreet Downgrades V2X (NYSE:VVX) to C

Financial News Live ·  Dec 24, 2022 09:01

V2X (NYSE:VVX – Get Rating) was downgraded by investment analysts at TheStreet from a "b" rating to a "c" rating in a research report issued to clients and investors on Thursday, TheStreetRatingsTable reports.

Separately, Raymond James initiated coverage on V2X in a research note on Friday, September 9th. They issued a "strong-buy" rating and a $50.00 price target for the company.

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V2X Price Performance

NYSE VVX opened at $39.56 on Thursday. The business's fifty day simple moving average is $40.09. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.30. V2X has a fifty-two week low of $29.55 and a fifty-two week high of $48.75. The company has a market capitalization of $1.21 billion, a PE ratio of 33.24 and a beta of 0.94.

V2X (NYSE:VVX – Get Rating) last released its earnings results on Tuesday, November 8th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.44. V2X had a return on equity of 15.53% and a net margin of 0.16%. The firm had revenue of $958.16 million during the quarter, compared to analysts' expectations of $471.75 million. As a group, sell-side analysts expect that V2X will post 4.6 earnings per share for the current year.

About V2X

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V2X, Inc is based in Colorado Springs, Colorado.

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