VOXX International (NASDAQ:VOXX) Releases Earnings Results, Beats Expectations By $0.16 EPS

VOXX International (NASDAQ:VOXX) issued its quarterly earnings data on Monday. The auto parts company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.16, Fidelity Earnings reports. VOXX International had a net margin of 6.01% and a return on equity of 10.28%.

NASDAQ:VOXX opened at $11.05 on Wednesday. The firm’s fifty day moving average is $11.17 and its two-hundred day moving average is $13.79. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.31 and a current ratio of 2.45. VOXX International has a one year low of $8.50 and a one year high of $27.78. The firm has a market cap of $265.08 million, a price-to-earnings ratio of 7.22 and a beta of 1.38.

Separately, DA Davidson initiated coverage on VOXX International in a research report on Tuesday, June 29th. They set a “buy” rating and a $21.00 price target on the stock.

In related news, Director Beat Kahli acquired 5,000 shares of the stock in a transaction that occurred on Friday, August 13th. The stock was purchased at an average price of $11.87 per share, with a total value of $59,350.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last three months, insiders have bought 54,900 shares of company stock worth $618,171. Corporate insiders own 37.57% of the company’s stock.

About VOXX International

Voxx International Corp. engages in the manufacture and distribution of consumer electronic products. It operates through the following segments: Automotive Electronics, Consumer Electronics, and Biometrics. The Automotive Electronics segment offers products including entertainment devices, automotive security, remote start systems, mobile multimedia devices, and car-link smartphone telematics applications.

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Earnings History for VOXX International (NASDAQ:VOXX)

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