VOXX International Corp (NASDAQ: VOXX): Are We Watching A Disaster Or Are We Buying A Gold Mine?

In today’s recent session, 75.22 million shares of the VOXX International Corp (NASDAQ:VOXX) have been traded, and its beta is 1.18. Most recently the company’s share price was $4.97, and it changed around $2.12 or 74.21% from the last close, which brings the market valuation of the company to $111.61M. VOXX at last check was trading at a discount to its 52-week high of $11.74, offering almost -136.22% off that amount. The share price’s 52-week low was $2.27, which indicates that the recent value has risen by an impressive 54.33% since then. We note from VOXX International Corp’s average daily trading volume that its 10-day average is 80050.0 shares, with the 3-month average coming to 157.96K.

VOXX International Corp stock received a consensus recommendation rating of Hold, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended VOXX as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. VOXX International Corp is expected to report earnings per share of 0 for the current quarter.

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VOXX International Corp (NASDAQ:VOXX) trade information

Instantly VOXX has been showing a green trend so far today with a performance of 74.21% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.47 on recent trading dayincreased the stock’s daily price by 9.14%. The company’s shares are currently down -53.51% year-to-date, but still up 73.60% over the last five days. On the other hand, VOXX International Corp (NASDAQ:VOXX) is 79.89% up in the 30-day period. We can see from the shorts that 66986.0 shares have been sold at a short interest cover period of 0.34 day(s).

The consensus price target as assigned by Wall Street analysts is $16, which translates to bulls needing to increase their stock price by 68.94% from its current value. Analyst projections state that VOXX is forecast to be at a low of $16 and a high of $16.

VOXX International Corp (VOXX) estimates and forecasts

The year-over-year growth rate is expected to be 5.80%, up from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 117.9M in revenue for the current quarter. 1 analysts expect VOXX International Corp to make 133.3M in revenue for the current ending quarter.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 1.62%.

VOXX Dividends

VOXX International Corp’s next quarterly earnings report is expected to be released in September.

VOXX International Corp (NASDAQ:VOXX)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 45.28% of VOXX International Corp shares, and 41.71% of them are in the hands of institutional investors. The stock currently has a share float of 76.23%. VOXX International Corp stock is held by 86.0 institutions, with WELL DONE, LLC being the largest institutional investor. By 2024-06-30, it held 14.1337% of the shares, which is about 3.31 million shares worth $10.46 million.

KAHN BROTHERS GROUP INC, with 7.5195% or 1.76 million shares worth $5.57 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and DFA U.S. Small Cap Series were the top two Mutual Funds as of Mar 31, 2024. The former held 389.4 shares worth $1.76 million, making up 1.93% of all outstanding shares. On the other hand, DFA U.S. Small Cap Series held roughly 235.58 shares worth around $1.07 million, which represents about 1.17% of the total shares outstanding.