Alert: Positive Investment/Fundamental Signals (8/16/24)-V2X Inc (NYSE: VVX)

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Recent exceptional positive changes in investment behavior have benefitted V2X Inc (NYSE: VVX): its shorter term price trend turned up, and its longer term price trend turned up.

V2X Inc (NYSE: VVX) has benefited from meaningful positive changes in fundamentals: significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, VVX is expected to continue to be an important Value Builder.

V2X has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. V2X has a slightly positive Appreciation Score of 66 and a good Power Rating of 79, resulting in the Highest Value Trend Rating.

Recent Price Action

V2X Inc (NYSE: VVX) stock rose modestly by 0.3% on 8/16/24. The stock closed at $47.90. Moreover, trading volume in this advance was above average at 144% of normal. The stock has been strong relative to the market over the last nine months and has risen 1.1% during the last week.

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