NASDAQ:VUZI - Vuzix Stock Price, News, & Analysis

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$2.57 -0.20 (-7.22 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$2.57
Today's Range$2.54 - $2.89
52-Week Range$2.31 - $8.45
Volume414,194 shs
Average Volume259,172 shs
Market Capitalization$70.93 million
P/E RatioN/A
Dividend YieldN/A
Beta0.6
Vuzix Corporation designs, manufactures, markets, and sells augmented reality (AR) wearable display devices in North America, the Asia-Pacific, Europe, and internationally. The company offers its products in the form of smart glasses and AR glasses. Its products include monocular smart glasses for enterprise, industrial, commercial, and medical markets; and blade smart sunglasses for applications ranging from basic text messaging and answering the phone to overlaying mapping directions, menus, weather, events, stock quotes, video conferencing, sports updates, social feeds, bio-metrics, and others. The company is also developing a binocular AR smart glasses product that provides the user a live, direct, or indirect view of a real-world environment. Its AR wearable display devices are worn like eyeglasses or attach to a head worn mount to view, record, and interact with video and digital content, such as computer data, the Internet, social media, and entertainment applications. In addition, the company offers an app store on its Websites, which enables users to download and purchase applications, including third party applications; VUZIX Basics, an application that provides the benefits of smart glasses to users; and VUZIX Basics Video that offers remote telepresence capabilities. Further, it provides waveguide optics and design reference kits; custom and engineering solutions; and defense and security products. Vuzix Corporation offers its products directly to end customers, as well as through specialty retailers, online retailers, distributors, value-added resellers, and Webstores. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in 2007. Vuzix Corporation was founded in 1997 and is headquartered in West Henrietta, New York.

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Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:VUZI
CUSIPN/A
Phone585-359-5900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.09 million
Book Value$0.89 per share

Profitability

Net Income$-21,880,000.00
Net Margins-288.62%

Miscellaneous

Employees82
Market Cap$70.93 million
Next Earnings Date8/8/2019 (Estimated)
OptionableOptionable

Vuzix (NASDAQ:VUZI) Frequently Asked Questions

What is Vuzix's stock symbol?

Vuzix trades on the NASDAQ under the ticker symbol "VUZI."

How were Vuzix's earnings last quarter?

Vuzix Corp (NASDAQ:VUZI) issued its quarterly earnings results on Thursday, May, 9th. The company reported ($0.25) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.20) by $0.05. The firm earned $1.37 million during the quarter. Vuzix had a negative net margin of 288.62% and a negative return on equity of 68.94%. View Vuzix's Earnings History.

When is Vuzix's next earnings date?

Vuzix is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for Vuzix.

What price target have analysts set for VUZI?

2 Wall Street analysts have issued 12-month target prices for Vuzix's shares. Their forecasts range from $10.00 to $10.00. On average, they anticipate Vuzix's stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 289.1% from the stock's current price. View Analyst Price Targets for Vuzix.

What is the consensus analysts' recommendation for Vuzix?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vuzix in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Vuzix.

What are Wall Street analysts saying about Vuzix stock?

Here are some recent quotes from research analysts about Vuzix stock:
  • 1. Chardan Capital analysts commented, "We expect the joint development and production agreement could take 18-24 months before a product is brought to market and will be less expensive, brighter and less power hungry than current iterations of smart glasses." (5/10/2019)
  • 2. According to Zacks Investment Research, "Vuzix is a supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and virtual and augmented reality. " (3/22/2019)
  • 3. Maxim Group analysts commented, "Revenue disappoints; but inventory and rising backlog indicate manufacturing, not demand was the issue. S&M decline is a concern, which leads us to reducing our Dec Q and CY19 estimates. Given our deep dive on optical train R&D roadmap, we continue to believe VUZI waveguide can become the de factor optical train technology, thus we are maintaining our long-term estimates for a 12-month price target of $11 and Buy Rating." (11/9/2018)

Has Vuzix been receiving favorable news coverage?

Media stories about VUZI stock have trended somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Vuzix earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are some of Vuzix's key competitors?

What other stocks do shareholders of Vuzix own?

Who are Vuzix's key executives?

Vuzix's management team includes the folowing people:
  • Mr. Paul J. Travers, Founder, Chairman, CEO & Pres (Age 58)
  • Mr. Grant Neil Russell, CFO, Exec. VP, Treasurer & Director (Age 66)
  • Mr. Zach Stone, VP of Operations
  • Matt Margolis, Director of Corp. Communications & Investor Relations
  • Mr. Nathaniel S. Bank, Corp. Counsel

Who are Vuzix's major shareholders?

Vuzix's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.84%), Taylor Frigon Capital Management LLC (1.71%), Morgan Stanley (0.28%), ETF Managers Group LLC (0.25%), Parametric Portfolio Associates LLC (0.24%) and Bank of Montreal Can (0.20%). Company insiders that own Vuzix stock include Edward William Jr Kay, Grant Russell, Paul A Boris, Paul J Travers and Timothy Heydenreich Harned. View Institutional Ownership Trends for Vuzix.

Which major investors are selling Vuzix stock?

VUZI stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, BlackRock Inc., ETF Managers Group LLC and Janney Montgomery Scott LLC. View Insider Buying and Selling for Vuzix.

Which major investors are buying Vuzix stock?

VUZI stock was purchased by a variety of institutional investors in the last quarter, including Taylor Frigon Capital Management LLC, Parametric Portfolio Associates LLC, Bank of Montreal Can, Renaissance Technologies LLC, Advisor Group Inc., B. Riley Wealth Management Inc. and Dimensional Fund Advisors LP. Company insiders that have bought Vuzix stock in the last two years include Edward William Jr Kay, Grant Russell, Paul A Boris, Paul J Travers and Timothy Heydenreich Harned. View Insider Buying and Selling for Vuzix.

How do I buy shares of Vuzix?

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

What is Vuzix's stock price today?

One share of VUZI stock can currently be purchased for approximately $2.57.

How big of a company is Vuzix?

Vuzix has a market capitalization of $70.93 million and generates $8.09 million in revenue each year. The company earns $-21,880,000.00 in net income (profit) each year or ($0.85) on an earnings per share basis. Vuzix employs 82 workers across the globe.

What is Vuzix's official website?

The official website for Vuzix is http://www.vuzix.com.

How can I contact Vuzix?

Vuzix's mailing address is 25 HENDRIX ROAD SUITE A, WEST HENRIETTA NY, 14586. The company can be reached via phone at 585-359-5900 or via email at [email protected]


MarketBeat Community Rating for Vuzix (NASDAQ VUZI)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  261 (Vote Outperform)
Underperform Votes:  221 (Vote Underperform)
Total Votes:  482
MarketBeat's community ratings are surveys of what our community members think about Vuzix and other stocks. Vote "Outperform" if you believe VUZI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VUZI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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