CompX International Inc. (CIX) Posts Quarterly Earnings Results
CompX International Inc. (NYSE:CIX) issued its earnings results on Wednesday. The company reported $0.20 EPS for the quarter, Bloomberg Earnings reports. CompX International had a return on equity of 10.22% and a net margin of 11.01%. The company had revenue of $27.00 million during the quarter.
A hedge fund recently raised its stake in CompX International stock. Vanguard Group Inc. raised its position in shares of CompX International Inc. (NYSE:CIX) by 2.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,747 shares of the company’s stock after purchasing an additional 258 shares during the period. Vanguard Group Inc. owned 0.09% of CompX International worth $164,000 as of its most recent filing with the Securities and Exchange Commission.
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Separately, BMO Capital Markets reiterated a “hold” rating and set a $29.00 target price on shares of CompX International in a research note on Sunday, September 17th.
About CompX International
CompX International Inc is a manufacturer of security products used in the recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare and other industries, and stainless steel exhaust systems, gauges and throttle controls for the recreational marine industry.
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