Shares of VOXX International Corp (NASDAQ:VOXX) have been given an average broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.
Analysts have set a 12 month consensus target price of $5.30 for the company and are predicting that the company will post ($0.02) EPS for the current quarter, according to Zacks. Zacks has also given VOXX International an industry rank of 230 out of 255 based on the ratings given to related companies.
A number of brokerages have weighed in on VOXX. Zacks Investment Research raised VOXX International from a “hold” rating to a “buy” rating and set a $6.25 target price on the stock in a report on Wednesday, March 7th. ValuEngine raised VOXX International from a “sell” rating to a “hold” rating in a report on Thursday, May 17th.
Hedge funds have recently modified their holdings of the business. Corsair Capital Management L.P. acquired a new stake in shares of VOXX International in the 4th quarter valued at $492,000. Tower Research Capital LLC TRC boosted its holdings in shares of VOXX International by 243.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 21,978 shares of the auto parts company’s stock valued at $123,000 after acquiring an additional 15,575 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of VOXX International by 43.2% during the 4th quarter. Wells Fargo & Company MN now owns 363,562 shares of the auto parts company’s stock valued at $2,036,000 after acquiring an additional 109,755 shares in the last quarter. Royce & Associates LP boosted its holdings in shares of VOXX International by 13.0% during the 4th quarter. Royce & Associates LP now owns 1,645,013 shares of the auto parts company’s stock valued at $9,212,000 after acquiring an additional 188,840 shares in the last quarter. Finally, BlackRock Inc. boosted its holdings in shares of VOXX International by 0.8% during the 4th quarter. BlackRock Inc. now owns 1,327,745 shares of the auto parts company’s stock valued at $7,436,000 after acquiring an additional 10,916 shares in the last quarter. 59.97% of the stock is currently owned by hedge funds and other institutional investors.
Shares of VOXX stock traded down $0.20 during trading hours on Wednesday, reaching $5.55. The company’s stock had a trading volume of 101,518 shares, compared to its average volume of 207,099. The company has a market cap of $131.88 million, a PE ratio of 185.00 and a beta of 0.52. VOXX International has a fifty-two week low of $4.64 and a fifty-two week high of $9.00. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.55 and a current ratio of 2.79.
VOXX International (NASDAQ:VOXX) last issued its earnings results on Monday, May 14th. The auto parts company reported $0.42 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.37. The firm had revenue of $122.24 million for the quarter. VOXX International had a negative return on equity of 0.36% and a net margin of 6.40%. equities analysts predict that VOXX International will post 0.38 EPS for the current fiscal 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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