VOXX International Corp (VOXX) Posts Quarterly Results
VOXX International Corp (NASDAQ:VOXX) posted its quarterly earnings results on Thursday. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.04, AnalystRatings.NET reports. The company had revenue of $186.90 million for the quarter, compared to the consensus estimate of $191.40 million. During the same quarter in the previous year, the company posted $0.09 earnings per share. The company’s revenue for the quarter was down 3.2% on a year-over-year basis.
Shares of VOXX International Corp (NASDAQ:VOXX) traded down 0.11% on Thursday, hitting $8.82. 373,789 shares of the company’s stock traded hands. VOXX International Corp has a 52 week low of $6.84 and a 52 week high of $18.00. The stock has a 50-day moving average of $8.8 and a 200-day moving average of $12.11. The company’s market cap is $215.5 million.
VOXX has been the subject of a number of recent research reports. Analysts at Craig Hallum downgraded shares of VOXX International Corp from a “buy” rating to a “hold” rating in a research note on Friday, May 23rd. On a related note, analysts at Zacks downgraded shares of VOXX International Corp from a “neutral” rating to an “underperform” rating in a research note on Monday, May 19th. They now have a $7.50 price target on the stock. Finally, analysts at TheStreet downgraded shares of VOXX International Corp from a “buy” rating to a “hold” rating in a research note on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. VOXX International Corp has an average rating of “Hold” and an average price target of $13.50.
VOXX International Corporation (NASDAQ:VOXX) is an international distributor in the automotive, audio and consumer accessory industries.
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