In last trading session, Vuzix Corporation (NASDAQ:VUZI) saw 2.93 million shares changing hands with its beta currently measuring 1.67. Company’s recent per share price level of $2.13 trading at $0.16 or 8.12% at ring of the bell on the day assigns it a market valuation of $169.54M. That closing price of VUZI’s stock is at a discount of -23.47% from its 52-week high price of $2.63 and is indicating a premium of 61.03% from its 52-week low price of $0.83. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.02 million shares which gives us an average trading volume of 1.39 million if we extend that period to 3-months.
For Vuzix Corporation (VUZI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
Vuzix Corporation (NASDAQ:VUZI) trade information
Upright in the green during last session for gaining 8.12%, in the last five days VUZI remained trading in the green while hitting it’s week-highest on Tuesday, 11/26/24 when the stock touched $2.13 price level, adding 19.01% to its value on the day. Vuzix Corporation’s shares saw a change of 2.16% in year-to-date performance and have moved 90.18% in past 5-day. Vuzix Corporation (NASDAQ:VUZI) showed a performance of 82.05% in past 30-days. Number of shares sold short was 11.04 million shares which calculate 12.66 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 29.0% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would drop -40.85% in reaching the projected high whereas dropping to the targeted low would mean a loss of -40.85% for stock’s current value.
Vuzix Corporation (VUZI) estimates and forecasts
This year revenue growth is estimated to fall -50.47% 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 1.52M for the same.
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 1.93% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -26.58% while estimates for its earnings growth in next 5 years are of 20.00%.
Vuzix Corporation (NASDAQ:VUZI)’s Major holders
Insiders are in possession of 17.42% of company’s total shares while institution are holding 13.64 percent of that, with stock having share float percentage of 16.52%. Investors also watch the number of corporate investors in a company very closely, which is 13.64% institutions for Vuzix Corporation that are currently holding shares of the company. ARK INVESTMENT MANAGEMENT LLC is the top institutional holder at VUZI for having 4.63 million shares of worth $6.25 million. And as of 2024-06-30, it was holding 7.156 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 2.86 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.416 of outstanding shares, having a total worth of $3.86 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 1.89 shares of worth $4.02 million or 2.57% of the total outstanding shares. The later fund manager was in possession of 857.11 shares on Jun 30, 2024 , making its stake of worth around $1.83 million in the company or a holder of 1.16% of company’s stock.
