VOXX International Corp (NASDAQ:VOXX) has received an average broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.
Analysts have set a twelve-month consensus price target of $5.30 for the company and are forecasting that the company will post ($0.02) earnings per share for the current quarter, according to Zacks. Zacks has also given VOXX International an industry rank of 228 out of 255 based on the ratings given to its competitors.
VOXX has been the topic of a number of recent analyst reports. Zacks Investment Research lowered shares of VOXX International from a “buy” rating to a “hold” rating in a research report on Friday, March 2nd. ValuEngine lowered shares of VOXX International from a “hold” rating to a “sell” rating in a research report on Tuesday, June 5th.
A number of institutional investors have recently bought and sold shares of the stock. Moors & Cabot Inc. raised its position in VOXX International by 12.1% in the 1st quarter. Moors & Cabot Inc. now owns 99,800 shares of the auto parts company’s stock worth $494,000 after purchasing an additional 10,800 shares during the period. BlackRock Inc. raised its position in VOXX International by 0.8% in the 4th quarter. BlackRock Inc. now owns 1,327,745 shares of the auto parts company’s stock worth $7,436,000 after purchasing an additional 10,916 shares during the period. GSA Capital Partners LLP raised its position in VOXX International by 91.2% in the 1st quarter. GSA Capital Partners LLP now owns 30,272 shares of the auto parts company’s stock worth $150,000 after purchasing an additional 14,441 shares during the period. Tower Research Capital LLC TRC raised its position in VOXX International by 243.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 21,978 shares of the auto parts company’s stock worth $123,000 after purchasing an additional 15,575 shares during the period. Finally, Spark Investment Management LLC raised its position in VOXX International by 173.0% in the 1st quarter. Spark Investment Management LLC now owns 27,300 shares of the auto parts company’s stock worth $135,000 after purchasing an additional 17,300 shares during the period. 59.97% of the stock is currently owned by institutional investors.
Shares of VOXX International opened at $5.40 on Wednesday, Marketbeat.com reports. The company has a quick ratio of 1.55, a current ratio of 2.79 and a debt-to-equity ratio of 0.02. VOXX International has a 12 month low of $4.64 and a 12 month high of $9.00. The stock has a market capitalization of $134.30 million, a P/E ratio of 180.00 and a beta of 0.52.
VOXX International (NASDAQ:VOXX) last posted its quarterly earnings data on Monday, May 14th. The auto parts company reported $0.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.37. VOXX International had a net margin of 6.40% and a negative return on equity of 0.36%. The company had revenue of $122.24 million for the quarter. sell-side analysts forecast that VOXX International will post 0.38 earnings per share for the current year.
About VOXX International
VOXX International Corporation, together with its subsidiaries, manufactures and distributes automotive, audio, and consumer accessories worldwide. Its Automotive segment offers rear-seat entertainment devices, satellite radio products, automotive security and remote start systems, mobile multimedia devices, aftermarket/OE-styled radios, car link-smartphone telematics applications, collision avoidance systems, and location-based services.
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