Analysts Say That VOXX International Corp (NASDAQ:VOXX) Is Likely To Make It To 16 In 12 Months

In last trading session, VOXX International Corp (NASDAQ:VOXX) saw 0.34 million shares changing hands with its beta currently measuring 1.23. Company’s recent per share price level of $5.84 trading at $0.04 or 0.69% at ring of the bell on the day assigns it a market valuation of $131.28M. That closing price of VOXX’s stock is at a discount of -101.03% from its 52-week high price of $11.74 and is indicating a premium of 61.13% from its 52-week low price of $2.27. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 17.08 million shares which gives us an average trading volume of 2.85 million if we extend that period to 3-months.

VOXX International Corp (NASDAQ:VOXX) trade information

Upright in the green during last session for gaining 0.69%, in the last five days VOXX remained trading in the green while hitting it’s week-highest on Tuesday, 09/03/24 when the stock touched $5.84 price level, adding 8.03% to its value on the day. VOXX International Corp’s shares saw a change of -45.32% in year-to-date performance and have moved 19.92% in past 5-day. VOXX International Corp (NASDAQ:VOXX) showed a performance of 146.41% in past 30-days. Number of shares sold short was 75883.0 shares which calculate 0.46 days to cover the short interests.

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Wall Street analysts have assigned a consensus price target of 16 to the stock, which implies a rise of 63.5% to its current value. Analysts have been projecting 16 as a low price target for the stock while placing it at a high target of 16. It follows that stock’s current price would drop -173.97% in reaching the projected high whereas dropping to the targeted low would mean a loss of -173.97% for stock’s current value.

VOXX International Corp (VOXX) estimates and forecasts

This year revenue growth is estimated to rise 5.80% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 117.9M for the same. And 1 analysts are in estimates of company making revenue of 133.3M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 1.62% during past 5 years.

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

Insiders are in possession of 45.28% of company’s total shares while institution are holding 41.68 percent of that, with stock having share float percentage of 76.17%. Investors also watch the number of corporate investors in a company very closely, which is 41.68% institutions for VOXX International Corp that are currently holding shares of the company. WELL DONE, LLC is the top institutional holder at VOXX for having 3.31 million shares of worth $10.46 million. And as of 2024-06-30, it was holding 14.1337 of the company’s outstanding shares.

The second largest institutional holder is KAHN BROTHERS GROUP INC, which was holding about 1.76 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.5195 of outstanding shares, having a total worth of $5.57 million.