In the last trading session, 1.75 million Boxlight Corporation (NASDAQ:BOXL) shares changed hands as the company’s beta touched 1.54. With the company’s per share price at $3.10 changed hands at $1.05 or 51.22% during last session, the market valuation stood at $6.11M. BOXL’s last price was a discount, traded about -243.55% off its 52-week high of $10.65. The share price had its 52-week low at $1.52, which suggests the last value was 50.97% up since then.
Boxlight Corporation (NASDAQ:BOXL) trade information
Instantly BOXL was in green as seen at the end of in last trading. With action 22.65%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 62.47%, with the 5-day performance at 22.65% in the green. However, in the 30-day time frame, Boxlight Corporation (NASDAQ:BOXL) is -36.73% down.
The consensus price target for the stock as assigned by Wall Street analysts is 0.12, meaning bulls need a downside of -2483.33% from its current market value. According to analyst projections, BOXL’s forecast low is 0.125 with 0.125 as the target high. To hit the forecast high, the stock’s price needs a 95.97% surge from its current level, while the stock would need to tank 95.97% for it to hit the projected low.
Boxlight Corporation (BOXL) estimates and forecasts
Year-over-year growth is forecast to reach -19.66% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 30.08M. 1 analysts are of the opinion that Boxlight Corporation’s revenue for the current quarter will be 33.38M. The company’s revenue for the corresponding quarters a year ago was 38.81M and 37.09M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -22.50%. The estimates for the next quarter sales put growth at -10.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.88%. The 2025 estimates are for Boxlight Corporation earnings to increase by 61.92%, but the outlook for the next 5-year period is at 61.72% per year.
Boxlight Corporation (NASDAQ:BOXL)’s Major holders
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. With 17.56 shares estimated at $54435.0 under it, the former controlled 0.18% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.06% of the shares, roughly 6.3 shares worth around $19529.0.
