VOXX International Corporation (VOXX) Scheduled to Post Earnings on Tuesday
VOXX International Corporation (NASDAQ:VOXX) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, October 10th. Analysts expect VOXX International Corporation to post earnings of ($0.01) per share for the quarter.
VOXX International Corporation (NASDAQ:VOXX) last issued its quarterly earnings data on Monday, July 10th. The auto parts company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.06). The firm had revenue of $159.10 million during the quarter, compared to analysts’ expectations of $156.00 million. VOXX International Corporation had a return on equity of 1.45% and a net margin of 0.83%. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.18) EPS. On average, analysts expect VOXX International Corporation to post $0.25 EPS for the current fiscal year and $0 EPS for the next fiscal year.
VOXX International Corporation (NASDAQ VOXX) opened at 8.65 on Wednesday. The company’s 50 day moving average is $7.98 and its 200 day moving average is $6.85. VOXX International Corporation has a 1-year low of $2.50 and a 1-year high of $9.00. The company has a market cap of $208.98 million, a price-to-earnings ratio of 37.61 and a beta of 0.91.
A number of equities research analysts have commented on VOXX shares. Zacks Investment Research raised shares of VOXX International Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, September 19th. Cowen and Company restated a “hold” rating and issued a $7.00 price objective on shares of VOXX International Corporation in a report on Friday, July 14th.
Several large investors have recently added to or reduced their stakes in the company. State Street Corp increased its holdings in shares of VOXX International Corporation by 1,731.7% in the 2nd quarter. State Street Corp now owns 230,760 shares of the auto parts company’s stock valued at $1,893,000 after acquiring an additional 218,162 shares during the last quarter. California State Teachers Retirement System acquired a new stake in shares of VOXX International Corporation during the 2nd quarter worth about $291,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of VOXX International Corporation during the 2nd quarter worth about $129,000. 59.04% of the stock is owned by institutional investors and hedge funds.
VOXX International Corporation Company Profile
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.
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