Equities research analysts expect Boxlight Corp (NASDAQ:BOXL) to post earnings per share of ($0.11) for the current quarter, according to Zacks. Four analysts have issued estimates for Boxlight’s earnings, with the highest EPS estimate coming in at ($0.09) and the lowest estimate coming in at ($0.15). Boxlight posted earnings of ($0.13) per share in the same quarter last year, which indicates a positive year-over-year growth rate of 15.4%. The firm is expected to issue its next quarterly earnings results on Thursday, August 15th.
According to Zacks, analysts expect that Boxlight will report full year earnings of ($0.62) per share for the current year, with EPS estimates ranging from ($0.62) to ($0.61). For the next year, analysts expect that the business will post earnings of ($0.20) per share, with EPS estimates ranging from ($0.22) to ($0.16). Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Boxlight.
Boxlight (NASDAQ:BOXL) last released its quarterly earnings results on Thursday, May 16th. The company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.07). The business had revenue of $5.01 million for the quarter, compared to the consensus estimate of $7.21 million. Boxlight had a negative net margin of 29.74% and a negative return on equity of 76.32%.
A number of research firms have recently weighed in on BOXL. Zacks Investment Research upgraded shares of GCP Applied Technologies from a “sell” rating to a “hold” rating in a report on Friday, May 31st. ValuEngine downgraded shares of Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Taglich Brothers restated a “speculative buy” rating on shares of Boxlight in a report on Friday, April 5th. Finally, Maxim Group set a $25.00 price target on shares of Agilysys and gave the company a “buy” rating in a report on Friday, May 17th.
Shares of Boxlight stock traded down $0.02 during midday trading on Thursday, reaching $2.91. 17,280 shares of the company’s stock traded hands, compared to its average volume of 38,224. The stock has a market capitalization of $31.40 million, a P/E ratio of -7.46 and a beta of 5.77. The firm has a 50 day moving average of $2.99. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.41 and a current ratio of 0.66. Boxlight has a 52 week low of $1.14 and a 52 week high of $5.95.
An institutional investor recently bought a new position in Boxlight stock. Virtu Financial LLC bought a new position in Boxlight Corp (NASDAQ:BOXL) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 35,953 shares of the company’s stock, valued at approximately $115,000. Virtu Financial LLC owned 0.34% of Boxlight at the end of the most recent reporting period. 3.14% of the stock is currently owned by institutional investors.
Boxlight Company Profile
Boxlight Corporation, an education technology company, develops, sells, and services interactive classroom solutions for the education market worldwide. The company provides a range of interactive classroom technology products primarily targeted at the K-12 education market. Its products include interactive projectors, interactive flat panel displays, interactive touch projectors, touchboards, and MimioTeach that could turn any whiteboard interactive; and accessory document cameras, teacher pads for remote control, and assessment systems.
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