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Analysts at Needham & Company assumed coverage on shares of VOXX International Corp. (NASDAQ:VOXX) in a research report issued to clients and investors on Friday, TheFlyOnTheWall.com reports. The firm set a “strong-buy” rating and a $23.00 price target on the stock. Needham & Company’s price objective would suggest a potential upside of 36.42% from the stock’s previous close.

In other VOXX International Corp. news, Director Philip Christopher sold 8,354 shares of the stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $18.00, for a total transaction of $150,372.00. Following the transaction, the director now directly owns 114,620 shares in the company, valued at approximately $2,063,160. The transaction was disclosed in a filing with the SEC, which is available at this link.

A number of other analysts have also recently weighed in on VOXX. Analysts at Cowen and Company initiated coverage on shares of VOXX International Corp. in a research note to investors on Tuesday. They set an “outperform” rating and a $21.00 price target on the stock. Separately, analysts at Zacks downgraded shares of VOXX International Corp. from a “neutral” rating to an “underperform” rating in a research note to investors on Monday, October 14th. They now have a $13.30 price target on the stock. Finally, analysts at Zacks upgraded shares of VOXX International Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, September 11th. They now have a $13.10 price target on the stock. One research analyst has rated the stock with a sell rating and three have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $18.33.

VOXX International Corp. (NASDAQ:VOXX) opened at 16.86 on Friday. VOXX International Corp. has a 1-year low of $6.21 and a 1-year high of $18.00. The stock has a 50-day moving average of $16.06 and a 200-day moving average of $13.64. The company has a market cap of $409.4 million and a price-to-earnings ratio of 13.49.

VOXX International Corp. (NASDAQ:VOXX) last released its earnings data on Thursday, October 10th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.09 by $0.11. The company had revenue of $183.80 million for the quarter, compared to the consensus estimate of $186.73 million. During the same quarter in the prior year, the company posted $0.16 earnings per share. On average, analysts predict that VOXX International Corp. will post $0.90 earnings per share for the current fiscal year.

VOXX International Corporation (NASDAQ:VOXX), formerly Audiovox Corporation, is an international distributor in the accessory, mobile and consumer electronics industries.

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