In recent trading session, Vuzix Corporation (NASDAQ:VUZI) saw 0.75 million shares changing hands at last check today with its beta currently measuring 1.59. Company’s recent per share price level of $3.87 trading at $0.47 or 13.82% at last check today assigns it a market valuation of $284.89M. That most recent trading price of VUZI’s stock is at a discount of -49.61% from its 52-week high price of $5.79 and is indicating a premium of 78.55% 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 1.56 million shares which gives us an average trading volume of 2.45 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 today for gaining 13.82%, in the last five days VUZI remained trading in the green while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $3.87 price level, adding 0.26% to its value on the day. Vuzix Corporation’s shares saw a change of -1.78% in year-to-date performance and have moved 5.45% in past 5-day. Vuzix Corporation (NASDAQ:VUZI) showed a performance of -26.29% 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 fall of -29.0% to its recent value today. 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 jump 22.48% in reaching the projected high whereas dropping to the targeted low would mean a gain of 22.48% 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.
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 Sep 30, 2024, the former fund manager was holding 1.89 shares of worth $7.25 million or 2.57% of the total outstanding shares. The later fund manager was in possession of 857.11 shares on Sep 30, 2024, making its stake of worth around $3.29 million in the company or a holder of 1.16% of company’s stock.
