Shares of Boxlight Corp (NASDAQ:BOXL) have received an average broker rating score of 2.00 (Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a buy rating.
Analysts have set a 12-month consensus target price of $8.00 for the company and are forecasting that the company will post $0.04 EPS for the current quarter, according to Zacks. Zacks has also given Boxlight an industry rank of 177 out of 255 based on the ratings given to related companies.
Separately, Zacks Investment Research cut shares of Boxlight from a “buy” rating to a “hold” rating in a report on Monday, August 13th.
Boxlight (NASDAQ:BOXL) last released its quarterly earnings results on Thursday, August 16th. The company reported ($0.13) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.14) by $0.01. The firm had revenue of $9.66 million for the quarter, compared to analyst estimates of $7.06 million. As a group, sell-side analysts forecast that Boxlight will post -0.57 EPS for the current year.
Boxlight Company Profile
Boxlight Corporation, a visual display technology company, sells educational products for the learning market in the United States and internationally. The company designs, produces, and distributes a range of interactive classroom technology products primarily targeted at the K-12 education market. Its products include interactive projectors, interactive flat panel displays, interactive touch projectors, touchboards, and MimioTeach that could turn any whiteboard interactive; and accessory document cameras, teacher pads for remote control, and assessment systems.
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