Wall Street analysts expect that VOXX International Corp (NASDAQ:VOXX) will report $0.05 earnings per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for VOXX International’s earnings. The business is scheduled to report its next quarterly earnings results on Monday, May 21st.
On average, analysts expect that VOXX International will report full-year earnings of ($0.58) per share for the current year. For the next fiscal year, analysts anticipate that the company will post earnings of $0.44 per share. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for VOXX International.
VOXX International (NASDAQ:VOXX) last posted its earnings results on Tuesday, January 9th. The auto parts company reported $0.35 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.21. The business had revenue of $156.60 million for the quarter, compared to analyst estimates of $151.00 million. VOXX International had a net margin of 3.79% and a negative return on equity of 2.89%. The business’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.24 EPS.
VOXX has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of VOXX International from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 13th. TheStreet lowered shares of VOXX International from a “c-” rating to a “d+” rating in a report on Tuesday, October 24th.
A number of hedge funds have recently modified their holdings of VOXX. Voya Investment Management LLC acquired a new position in VOXX International in the 2nd quarter worth $102,000. GSA Capital Partners LLP acquired a new position in VOXX International in the 2nd quarter worth $125,000. The Manufacturers Life Insurance Company acquired a new position in VOXX International in the 2nd quarter worth $129,000. New York State Common Retirement Fund acquired a new position in VOXX International in the 2nd quarter worth $175,000. Finally, Royal Bank of Canada lifted its holdings in VOXX International by 0.6% in the 2nd quarter. Royal Bank of Canada now owns 23,250 shares of the auto parts company’s stock worth $190,000 after buying an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 62.29% of the company’s stock.
VOXX International (NASDAQ:VOXX) opened at $6.55 on Friday. VOXX International has a 1-year low of $4.05 and a 1-year high of $9.00. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.70 and a quick ratio of 1.23. The company has a market cap of $158.50, a price-to-earnings ratio of 7.04 and a beta of 0.76.
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About VOXX International
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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