V2X: A Steady Grower With Compelling Long-Term Upside Despite Modest Margins
V2X stock gained 11.3% since May, closing in on $54 price target. Revenues in Q2 grew almost 10% driven by demand in the Middle East. EBITDA margins expected to expand to north of 7%. I'm maintaining a buy rating with $55.50 price target for 2024.
V2X, Inc. (VVX) Q2 2024 Earnings Call Transcript
V2X, Inc. (NYSE:VVX ) Q2 2024 Earnings Call August 6, 2024 8:00 AM ET Company Participants Mike Smith - Vice President, Treasury, Investor Relations and Corporate Development Jeremy Wensinger - President and Chief Executive Officer Shawn Mural - Senior Vice President and Chief Financial Officer Conference Call Participants Joe Gomes - Noble capital Tobey Sommer - Truist Ken Herbert - RBC Capital Markets Trevor Walsh - Citizens JMP Bert Subin - Stifel Operator Thank you for joining us for the V2X Second Quarter 2024 Earnings Conference Call and Webcast. Today's call is being recorded.
V2X (VVX) Misses Q2 Earnings Estimates
V2X (VVX) came out with quarterly earnings of $0.83 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $1.01 per share a year ago.
Wall Street Analysts Think V2X (VVX) Could Surge 26.85%: Read This Before Placing a Bet
The consensus price target hints at a 26.9% upside potential for V2X (VVX). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Will V2X (VVX) Beat Estimates Again in Its Next Earnings Report?
V2X (VVX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
V2X (VVX) Expected to Beat Earnings Estimates: Should You Buy?
V2X (VVX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Strength Seen in V2X (VVX): Can Its 5.3% Jump Turn into More Strength?
V2X (VVX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
