Boxlight (NASDAQ:BOXL) is scheduled to post its quarterly earnings results before the market opens on Thursday, May 16th. Analysts expect Boxlight to post earnings of ($0.19) per share for the quarter. Boxlight has set its FY 2019 guidance at EPS.
Boxlight (NASDAQ:BOXL) last announced its quarterly earnings results on Thursday, March 28th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.15) by $0.09. The firm had revenue of $11.99 million for the quarter, compared to analyst estimates of $10.99 million. Boxlight had a negative return on equity of 58.68% and a negative net margin of 21.64%. On average, analysts expect Boxlight to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
NASDAQ BOXL traded down $0.12 during trading on Thursday, hitting $4.25. The company’s stock had a trading volume of 80,291 shares, compared to its average volume of 940,272. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.46 and a current ratio of 0.79. The company has a market cap of $43.96 million, a PE ratio of -10.90 and a beta of 6.98. Boxlight has a fifty-two week low of $1.14 and a fifty-two week high of $12.40.
An institutional investor recently bought a new position in Boxlight stock. Geode Capital Management LLC bought a new position in shares of Boxlight Corp (NASDAQ:BOXL) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 37,515 shares of the company’s stock, valued at approximately $45,000. Geode Capital Management LLC owned 0.37% of Boxlight as of its most recent SEC filing. Institutional investors own 2.57% of the company’s stock.
Several equities research analysts have weighed in on BOXL shares. Maxim Group set a $11.00 price target on Boxlight and gave the stock a “buy” rating in a report on Wednesday. Zacks Investment Research raised Boxlight from a “hold” rating to a “strong-buy” rating and set a $3.25 price target for the company in a report on Wednesday, April 10th. Finally, Taglich Brothers reissued a “speculative buy” rating on shares of Boxlight in a report on Friday, April 5th.
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Boxlight Company Profile
Boxlight Corporation, a visual display technology company, sells educational products for the learning market in the United States and internationally. The company designs, produces, and distributes 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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