VOXX International Corp (NASDAQ:VOXX) has been given an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Brokerages have set a one year consensus price target of $7.00 for the company and are expecting that the company will post $0.14 EPS for the current quarter, according to Zacks. Zacks has also assigned VOXX International an industry rank of 219 out of 265 based on the ratings given to related companies.
A number of equities research analysts recently commented on VOXX shares. Zacks Investment Research upgraded VOXX International from a “sell” rating to a “hold” rating in a report on Tuesday, September 19th. TheStreet downgraded VOXX International from a “c-” rating to a “d+” rating in a report on Tuesday, October 24th.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kahn Brothers Group Inc. DE increased its holdings in VOXX International by 58.2% in the third quarter. Kahn Brothers Group Inc. DE now owns 3,651,902 shares of the auto parts company’s stock valued at $31,224,000 after purchasing an additional 1,343,600 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in VOXX International by 3.2% in the first quarter. Dimensional Fund Advisors LP now owns 1,847,067 shares of the auto parts company’s stock valued at $9,605,000 after acquiring an additional 58,069 shares during the period. Vanguard Group Inc. grew its stake in VOXX International by 0.8% in the second quarter. Vanguard Group Inc. now owns 983,934 shares of the auto parts company’s stock valued at $8,068,000 after acquiring an additional 8,155 shares during the period. Wells Fargo & Company MN grew its stake in VOXX International by 46.0% in the third quarter. Wells Fargo & Company MN now owns 253,807 shares of the auto parts company’s stock valued at $2,171,000 after acquiring an additional 80,007 shares during the period. Finally, Northern Trust Corp grew its stake in VOXX International by 301.0% in the second quarter. Northern Trust Corp now owns 231,389 shares of the auto parts company’s stock valued at $1,898,000 after acquiring an additional 173,683 shares during the period. Institutional investors and hedge funds own 62.29% of the company’s stock.
VOXX International (NASDAQ:VOXX) traded down $0.75 during mid-day trading on Tuesday, hitting $5.80. The stock had a trading volume of 596,600 shares, compared to its average volume of 167,712. VOXX International has a 12 month low of $4.05 and a 12 month high of $9.00. The company has a quick ratio of 1.23, a current ratio of 2.46 and a debt-to-equity ratio of 0.02.
VOXX International (NASDAQ:VOXX) last released its quarterly earnings data on Tuesday, October 10th. The auto parts company reported ($0.74) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.73). The company had revenue of $113.50 million during the quarter, compared to the consensus estimate of $163.00 million. VOXX International had a net margin of 3.10% and a negative return on equity of 3.77%. The company’s revenue for the quarter was down 4.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.12 EPS. equities research analysts predict that VOXX International will post -0.58 earnings per share for the current fiscal year.
ILLEGAL ACTIVITY WARNING: This news story was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this news story on another publication, it was illegally copied and republished in violation of United States and international trademark and copyright laws. The legal version of this news story can be viewed at https://www.dispatchtribunal.com/2017/12/05/voxx-international-corp-voxx-given-consensus-rating-of-hold-by-analysts.html.
About VOXX International
VOXX International Corporation is an international manufacturer and distributor in the automotive, audio and consumer accessories industries. The Company’s segments include Automotive, Premium Audio and Consumer Accessories. The Automotive segment designs, manufactures, distributes and markets rear-seat entertainment devices, satellite radio products, remote start systems, digital television tuners, mobile antennas, mobile multimedia devices, car link-smartphone telematics application, collision avoidance systems and others.
Get a free copy of the Zacks research report on VOXX International (VOXX)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for VOXX International Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VOXX International Corp and related companies with MarketBeat.com's FREE daily email newsletter.