V2X Inc (VVX) Shares Decline Despite Market Challenges

The stock of V2X Inc (NYSE: VVX) has decreased by -7.24 when compared to last closing price of 53.35.Despite this, the company has seen a loss of -12.02% in its stock price over the last five trading days. prnewswire.com reported 2024-09-04 that MCLEAN, Va., Sept. 4, 2024 /PRNewswire/ — V2X, Inc. (NYSE: VVX) (“V2X” or the “company”), a leading provider of global mission solutions, announced today the pricing of the previously announced underwritten public offering by a certain selling stockholder at the public offering price of $48.00 per share.

Is It Worth Investing in V2X Inc (NYSE: VVX) Right Now?

Moreover, the 36-month beta value for VVX is 0.61. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for VVX is 12.07M and currently, short sellers hold a 1.86% of that float. On September 05, 2024, VVX’s average trading volume was 88.49K shares.

VVX’s Market Performance

VVX’s stock has seen a -12.02% decrease for the week, with a 8.17% rise in the past month and a 3.10% gain in the past quarter. The volatility ratio for the week is 2.98%, and the volatility levels for the past 30 days are at 3.62% for V2X Inc. The simple moving average for the past 20 days is -3.72% for VVX’s stock, with a 8.43% simple moving average for the past 200 days.

Analysts’ Opinion of VVX

Many brokerage firms have already submitted their reports for VVX stocks, with Stifel repeating the rating for VVX by listing it as a “Hold.” The predicted price for VVX in the upcoming period, according to Stifel is $52 based on the research report published on January 05, 2024 of the current year 2024.

JMP Securities, on the other hand, stated in their research note that they expect to see VVX reach a price target of $65. The rating they have provided for VVX stocks is “Mkt Outperform” according to the report published on November 13th, 2023.

RBC Capital Mkts gave a rating of “Outperform” to VVX, setting the target price at $55 in the report published on January 26th of the previous year.

VVX Trading at -1.65% from the 50-Day Moving Average

After a stumble in the market that brought VVX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.04% of loss for the given period.

Volatility was left at 3.62%, however, over the last 30 days, the volatility rate increased by 2.98%, as shares surge +6.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.06% upper at present.

During the last 5 trading sessions, VVX fell by -12.96%, which changed the moving average for the period of 200-days by +14.58% in comparison to the 20-day moving average, which settled at $51.55. In addition, V2X Inc saw 6.56% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at VVX starting from Noon William Boyd, who purchase 500 shares at the price of $42.74 back on Nov 16 ’23. After this action, Noon William Boyd now owns 7,714 shares of V2X Inc, valued at $21,370 using the latest closing price.

Mural Shawn, the Senior Vice President and CFO of V2X Inc, purchase 500 shares at $43.86 during a trade that took place back on Nov 15 ’23, which means that Mural Shawn is holding 500 shares at $21,930 based on the most recent closing price.

Stock Fundamentals for VVX

Current profitability levels for the company are sitting at:

  • 0.03 for the present operating margin
  • 0.08 for the gross margin

The net margin for V2X Inc stands at -0.0. The total capital return value is set at 0.05. Equity return is now at value -1.24, with -0.39 for asset returns.

Based on V2X Inc (VVX), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 1.17. The interest coverage ratio of the stock is 1.01.

Currently, EBITDA for the company is 241.35 million with net debt to EBITDA at 5.02. When we switch over and look at the enterprise to sales, we see a ratio of 0.65. The receivables turnover for the company is 5.28for trailing twelve months and the total asset turnover is 1.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.10.

Conclusion

To wrap up, the performance of V2X Inc (VVX) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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