VOXX International - VOXX Stock Forecast, Price & News

VOXX International Corporation, together with its subsidiaries, designs, manufactures, and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. Its Automotive Electronics segment offers mobile multi-media infotainment products, including overhead, seat-back, and headrest systems; automotive security, vehicle access, and remote start systems; satellite radios comprising plug and play, and direct connect models; smart phone telematics applications; automotive power accessories; rear observation and collision avoidance systems; driver distraction products; power lift gates; mobile interface modules; turn signal switches; automotive lighting products; automotive sensing and camera systems; USB ports; cruise control systems; and heated seats. The company's Consumer Electronics segment provides speakers; home theater, business music, and streaming music systems; on-ear and in-ear headphones; wired and wireless headphones and ear buds; Bluetooth headphones and ear buds; soundbars; digital living network alliance compatible devices; high-definition television and wireless fidelity antennas; high-definition multimedia interface accessories; karaoke and infant/nursery products; home electronic accessories, such as cabling and power cords; other connectivity products; performance enhancing electronics; TV universal remotes; flat panel TV mounting systems; power supply systems and charging products; electronic equipment cleaning products; personal sound amplifiers; set-top boxes; and home and portable stereos. Its Biometrics segment offers iris identification and biometric security related products. The company was formerly known as Audiovox Corporation and changed its name to VOXX International Corporation in December 2011. VOXX International Corporation was founded in 1960 and is headquartered in Orlando, Florida.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. TheStreet cut shares of VOXX International from a "c-" rating to a "d+" rating in a report on Wednesday, June 1st. DA Davidson cut their target price on shares of VOXX International from $20.00 to $16.00 and set a "buy" rating for the company in a research report on Wednesday, July 13th. Finally, StockNews.com upgraded shares of VOXX International from a "sell" rating to a "hold" rating in a research report on Tuesday.

VOXX International Stock Up 3.4 %

NASDAQ:VOXX traded up $0.32 during trading hours on Friday, hitting $9.66. 994 shares of the company's stock traded hands, compared to its average volume of 212,179. The business's fifty day moving average price is $8.64 and its two-hundred day moving average price is $9.22. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.65 and a current ratio of 1.73. VOXX International has a 52 week low of $5.85 and a 52 week high of $13.41.

VOXX International (NASDAQ:VOXX - Get Rating) last posted its quarterly earnings results on Monday, July 11th. The auto parts company reported ($0.27) earnings per share for the quarter. The firm had revenue of $128.73 million during the quarter. VOXX International had a negative return on equity of 8.51% and a negative net margin of 5.03%.

Insiders Place Their Bets

In other news, Director Beat Kahli purchased 10,000 shares of the company's stock in a transaction on Wednesday, August 10th. The stock was acquired at an average cost of $9.30 per share, for a total transaction of $93,000.00. Following the completion of the transaction, the director now directly owns 4,930,000 shares in the company, valued at approximately $45,849,000. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, Director Beat Kahli purchased 10,000 shares of the company's stock in a transaction on Wednesday, August 10th. The stock was acquired at an average cost of $9.30 per share, for a total transaction of $93,000.00. Following the completion of the transaction, the director now directly owns 4,930,000 shares in the company, valued at approximately $45,849,000. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Patrick M. Lavelle purchased 15,200 shares of the company's stock in a transaction on Thursday, July 14th. The stock was purchased at an average price of $6.31 per share, with a total value of $95,912.00. Following the completion of the transaction, the chief executive officer now owns 521,740 shares of the company's stock, valued at $3,292,179.40. The disclosure for this purchase can be found here. Insiders bought a total of 369,867 shares of company stock worth $2,982,778 over the last three months. 37.57% of the stock is currently owned by company insiders.