JMP Securities analyst Trevor J. Walsh reiterated a Buy rating on V2X (VVX – Research Report) today and set a price target of $65.00. The company’s shares closed yesterday at $52.13.
According to TipRanks, J. Walsh is a 5-star analyst with an average return of 16.4% and a 63.49% success rate. J. Walsh covers the Technology sector, focusing on stocks such as Tyler Technologies, CyberArk Software, and Palo Alto Networks.
V2X has an analyst consensus of Strong Buy, with a price target consensus of $59.50.
Based on V2X’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.01 billion and a net profit of $1.14 million. In comparison, last year the company earned a revenue of $943.46 million and had a GAAP net loss of $17.48 million
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V2X (VVX) Company Description:
Vectrus, Inc. is a services company. The company’s services include facility & logistics Services and Information Technology & Network Communications Services. The Facility & Logistics capabilities consists of airfield management, ammunition management, civil engineering, communications, emergency services, equipment maintenance, repair and services, life support activities, public works, security, transportation operations, and warehouse management & distribution. It supports the U.S. Army, Air Force and Navy in both domestic and international environments, geographically ranging from the U.S. to Europe and Southwest Asia. The Information Technology & Network Communications capabilities consist of communications, system-of system engineering and software development, mission services, management and service support, network and cybersecurity, and systems installation & activation for the U.S. Army, Air Force and Navy. The company was founded on February 4, 2014 and is headquartered in Colorado Springs, CO.
