Should I buy or sell Vuzix stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vuzix in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" VUZI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VUZI, but not buy additional shares or sell existing shares. View VUZI analyst ratings or view top-rated stocks .

How have VUZI shares performed in 2023?

Vuzix's stock was trading at $3.64 at the beginning of 2023. Since then, VUZI shares have decreased by 42.3% and is now trading at $2.10. View the best growth stocks for 2023 here .

When is Vuzix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024. View our VUZI earnings forecast .

How were Vuzix's earnings last quarter?

Vuzix Co. (NASDAQ:VUZI) released its quarterly earnings data on Thursday, November, 9th. The company reported ($0.17) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by $0.03. The business earned $2.18 million during the quarter, compared to analyst estimates of $4.73 million. Vuzix had a negative net margin of 293.90% and a negative trailing twelve-month return on equity of 38.58%. Vuzix's revenue was down 36.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.15) EPS.

What ETFs hold Vuzix's stock?

ETFs with the largest weight of Vuzix (NASDAQ:VUZI) stock in their portfolio include ProShares Metaverse ETF (VERS) , SoFi Web 3 ETF (TWEB) , ARK Autonomous Technology & Robotics ETF (ARKQ) , Direxion Moonshot Innovators ETF (MOON) , ARK Next Generation Internation ETF (ARKW) , Fidelity Digital Health ETF (FDHT) , Fidelity Metaverse ETF (FMET) and SPDR S&P Kensho New Economies Composite ETF (KOMP) .

What other stocks do shareholders of Vuzix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Vuzix investors own include VEREIT (VER) , Advanced Micro Devices (AMD) , Himax Technologies (HIMX) , OPKO Health (OPK) , Intel (INTC) , NVIDIA (NVDA) , Alibaba Group (BABA) , Kratos Defense & Security Solutions (KTOS) and Aqua Metals (AQMS) .

Who are Vuzix's major shareholders?

Vuzix's stock is owned by many different institutional and retail investors. Top institutional investors include ARK Investment Management LLC (9.86%), Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (1.34%), Essex Investment Management Co. LLC (0.83%), Northern Trust Corp (0.76%), Taylor Frigon Capital Management LLC (0.53%) and Mirae Asset Global Investments Co. Ltd. (0.40%). Insiders that own company stock include Corp Intel, Edward William Jr Kay, Grant Russell, Paul J Travers, Peter Hamilton Jameson, Raj Rajgopal and Timothy Heydenreich Harned. View institutional ownership trends .

How do I buy shares of Vuzix?

Shares of VUZI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Vuzix Stock Price, News & Analysis (NASDAQ:VUZI)

$2.10

-0.05 (-2.33%)

(As of 11/30/2023 ET)

Compare

Today's Range: $2.09
▼
$2.21
50-Day Range: $1.93
▼
$3.63
52-Week Range: $1.87
▼
$6.06

Volume: 427,189 shs
Average Volume: 753,573 shs
Market Capitalization: $132.99 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Vuzix MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
18.94% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.94
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$19,275 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.58) to ($0.48) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.34 out of 5 stars

Computer And Technology Sector

566th out of 601 stocks

Radio & T.V. Communications Equipment Industry

22nd out of 23 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Vuzix.

1.0

Short Interest

Percentage of Shares Shorted
18.94% of the float of Vuzix has been sold short.
Short Interest Ratio / Days to Cover
Vuzix has a short interest ratio ("days to cover") of 20.8, which indicates bearish sentiment.
Change versus previous month
Short interest in Vuzix has recently decreased by 1.42%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Vuzix does not currently pay a dividend.
Dividend Growth
Vuzix does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for VUZI.

3.3

News and Social Media Coverage

News Sentiment
Vuzix has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Vuzix this week, compared to 2 articles on an average week.
Search Interest
7 people have searched for VUZI on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.
MarketBeat Follows
3 people have added Vuzix to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Vuzix insiders have bought more of their company's stock than they have sold. Specifically, they have bought $19,275.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 8.20% of the stock of Vuzix is held by insiders.
Percentage Held by Institutions
43.51% of the stock of Vuzix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Vuzix are expected to grow in the coming year, from ($0.58) to ($0.48) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Vuzix is -3.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Vuzix is -3.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Vuzix has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Vuzix Stock (NASDAQ:VUZI)

Vuzix Corporation, together with its subsidiaries, designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets in North America, Europe, the Asia-Pacific, and internationally. It provides M400, and M4000 series of smart glasses for enterprise, industrial, commercial, and medical markets; Vuzix Blade smart glasses; waveguide optics and related coupling optics; Vuzix Shield smart glasses; Vuzix Ultralite smart glasses; and Mobilium logistics mobility software, which removes traditional middleware and supports various ERP systems, as well as custom and engineering solutions. The company sells its products through resellers, distributors, direct to commercial customers, and online stores, as well as various Vuzix operated web stores in the United States, Europe, and Japan. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in September 2007. Vuzix Corporation was incorporated in 1997 and is headquartered in West Henrietta, New York.

VUZI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

VUZI Stock News Headlines

November 30, 2023 | americanbankingnews.com

Contrasting Vuzix (NASDAQ:VUZI) and Sonic Foundry (NASDAQ:SOFO)

November 20, 2023 | finance.yahoo.com

Vuzix (VUZI) Unveils Its Latest Ultralite Smart Glass Model

December 1, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 16, 2023 | finance.yahoo.com

Vuzix Unveils Sports & Fitness Configuration of Ultralite Smart Glasses Platform with New Award Winning Ultralite S

November 15, 2023 | msn.com

Vuzix announces partnership with Quanta Computer

November 13, 2023 | marketwatch.com

Vuzix Shares Drop 26%, Hit Another 52-Week Low

November 11, 2023 | msn.com

BTIG Downgrades Vuzix (VUZI)

November 10, 2023 | marketwatch.com

Vuzix Shares Hit 52-Week Low After Wider-Than-Expected 3Q Loss

December 1, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 10, 2023 | finanznachrichten.de

Vuzix Corporation: Vuzix Reports Third Quarter 2023 Results

November 10, 2023 | marketwatch.com

Vuzix Shares Drop 19% After Wider-Than-Expcted 3Q Loss

November 10, 2023 | finance.yahoo.com

Vuzix Corporation (NASDAQ:VUZI) Q3 2023 Earnings Call Transcript

November 10, 2023 | finance.yahoo.com

Vuzix (VUZI) Q3 2023 Earnings Call Transcript

November 9, 2023 | msn.com

Vuzix GAAP EPS of -$0.17 misses by $0.02, revenue of $2.18M misses by $2.53M

November 9, 2023 | msn.com

Vuzix down 14% on Q3 earnings misses

November 9, 2023 | finance.yahoo.com

Vuzix Reports Third Quarter 2023 Results

November 8, 2023 | finance.yahoo.com

While institutions own 45% of Vuzix Corporation (NASDAQ:VUZI), retail investors are its largest shareholders with 48% ownership

November 6, 2023 | finance.yahoo.com

Vuzix Advances its Leadership Position in Waveguide Performance with New Vuzix INCOGNITO Technology

November 3, 2023 | uk.finance.yahoo.com

Vuzix Corporation (VUZI)

November 3, 2023 | finance.yahoo.com

Vuzix Completes Delivery to Tier-1 Aerospace and Defense Firm

October 30, 2023 | markets.businessinsider.com

Elev8 New Media Celebrates Dual Media Relations Campaign Victories at PRSA-LA’s 59th Annual PRism Awards

October 26, 2023 | finance.yahoo.com

Vuzix Schedules Conference Call to Discuss Third Quarter 2023 Financial Results and Business Update

October 16, 2023 | finance.yahoo.com

Vuzix Continues to Receive Follow-on and New Design Orders from Multiple Tier-1 Aerospace and Defense Firms

October 10, 2023 | finance.yahoo.com

Identiv Inc (INVN.DU)

September 26, 2023 | benzinga.com

AR Glasses Market Projected to Reach US$883.4 Million by 2025, Fueled by Enterprise Adoption

September 26, 2023 | finance.yahoo.com

Vuzix New State-of-the-Art Manufacturing Plant for Optical Waveguides Opens

September 17, 2023 | msn.com

Vuzix: Better Top-Line Growth Still Not Moving The Needle (Technical Analysis)

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 11/30/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/06/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Radio & t.v. communications equipment
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:VUZI
CUSIP: N/A
CIK: 1463972
Web: www.vuzix.com
Phone: (585) 359-5900
Fax: 585-359-4172
Employees: 109
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.64)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-40,760,000.00
Net Margins: -293.90%
Pretax Margin: -293.90%
Return on Equity: -38.58%
Return on Assets: -35.19%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 11.59
Quick Ratio: 9.39

Sales & Book Value

Annual Sales: $11.84 million
Price / Sales: 11.23
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.51 per share
Price / Book: 1.39

Miscellaneous

Outstanding Shares: 63,330,000
Free Float: 58,135,000
Market Cap: $132.99 million
Optionable: Optionable
Beta: 2.02

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Key Executives

Mr. Paul J. Travers (Age 62)
Founder, Chairman, CEO & President
Comp: $713.1k
Mr. Grant Neil Russell CA (Age 70)
CFO, Executive VP, Treasurer & Director
Comp: $565.61k
Mr. Pete Jameson
Chief Operating Officer
Ed McGregor
Director of Investor Relations
Mr. Eric Black
General Counsel & Corporate Secretary
Ms. Charlotte Walker
Vice President of Corporate Communications
Mr. Bill Beltz
Vice President of Global Sales
Mr. Brad Craig
Head of Developer Relations Activities
Mr. Pano A. Spiliotis
Managing Director of Integrated Solutions Business Unit
Shen-Fang Cheng
Senior Application Engineer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VUZI Stock Analysis - Frequently Asked Questions

Should I buy or sell Vuzix stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vuzix in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" VUZI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VUZI, but not buy additional shares or sell existing shares.
View VUZI analyst ratings or view top-rated stocks.
How have VUZI shares performed in 2023?: Vuzix's stock was trading at $3.64 at the beginning of 2023. Since then, VUZI shares have decreased by 42.3% and is now trading at $2.10.
View the best growth stocks for 2023 here.
When is Vuzix's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024.
View our VUZI earnings forecast.
How were Vuzix's earnings last quarter?: Vuzix Co. (NASDAQ:VUZI) released its quarterly earnings data on Thursday, November, 9th. The company reported ($0.17) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by $0.03. The business earned $2.18 million during the quarter, compared to analyst estimates of $4.73 million. Vuzix had a negative net margin of 293.90% and a negative trailing twelve-month return on equity of 38.58%. Vuzix's revenue was down 36.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.15) EPS.

What ETFs hold Vuzix's stock?: ETFs with the largest weight of Vuzix (NASDAQ:VUZI) stock in their portfolio include ProShares Metaverse ETF (VERS), SoFi Web 3 ETF (TWEB), ARK Autonomous Technology & Robotics ETF (ARKQ), Direxion Moonshot Innovators ETF (MOON), ARK Next Generation Internation ETF (ARKW), Fidelity Digital Health ETF (FDHT), Fidelity Metaverse ETF (FMET) and SPDR S&P Kensho New Economies Composite ETF (KOMP).
What other stocks do shareholders of Vuzix own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Vuzix investors own include VEREIT (VER), Advanced Micro Devices (AMD), Himax Technologies (HIMX), OPKO Health (OPK), Intel (INTC), NVIDIA (NVDA), Alibaba Group (BABA), Kratos Defense & Security Solutions (KTOS) and Aqua Metals (AQMS).
Who are Vuzix's major shareholders?: Vuzix's stock is owned by many different institutional and retail investors. Top institutional investors include ARK Investment Management LLC (9.86%), Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (1.34%), Essex Investment Management Co. LLC (0.83%), Northern Trust Corp (0.76%), Taylor Frigon Capital Management LLC (0.53%) and Mirae Asset Global Investments Co. Ltd. (0.40%). Insiders that own company stock include Corp Intel, Edward William Jr Kay, Grant Russell, Paul J Travers, Peter Hamilton Jameson, Raj Rajgopal and Timothy Heydenreich Harned.
View institutional ownership trends.
How do I buy shares of Vuzix?: Shares of VUZI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:VUZI) was last updated on 12/1/2023 by MarketBeat.com Staff

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