VOXX International (NASDAQ:VOXX) Announces Earnings Results

VOXX International (NASDAQ:VOXX) issued its quarterly earnings results on Monday. The auto parts company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.16, Fidelity Earnings reports. VOXX International had a return on equity of 10.28% and a net margin of 6.01%.

Shares of VOXX International stock opened at $11.05 on Wednesday. The business has a 50 day simple moving average of $11.17 and a two-hundred day simple moving average of $13.79. VOXX International has a 12 month low of $8.50 and a 12 month high of $27.78. The stock has a market capitalization of $265.08 million, a P/E ratio of 7.22 and a beta of 1.38. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.45 and a quick ratio of 1.31.

Separately, DA Davidson assumed coverage on VOXX International in a research report on Tuesday, June 29th. They set a “buy” rating and a $21.00 price target on the stock.

In other news, major shareholder Beat Kahli bought 10,000 shares of VOXX International stock in a transaction on Tuesday, July 27th. The stock was acquired at an average price of $10.24 per share, with a total value of $102,400.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have acquired 54,900 shares of company stock valued at $618,171 in the last three months. Insiders own 37.57% of the company’s stock.

About VOXX International

Voxx International Corp. engages in the manufacture and distribution of consumer electronic products. It operates through the following segments: Automotive Electronics, Consumer Electronics, and Biometrics. The Automotive Electronics segment offers products including entertainment devices, automotive security, remote start systems, mobile multimedia devices, and car-link smartphone telematics applications.

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Earnings History for VOXX International (NASDAQ:VOXX)

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