NASDAQ:VUZI

Vuzix - VUZI Stock Forecast, Price & News

$4.00

-0.11 (-2.68%)

(As of 12/9/2022 01:12 PM ET)

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Today's Range: $3.96
▼
$4.09
50-Day Range: $4.01
▼
$6.26
52-Week Range: $3.86
▼
$10.60

Volume: 12,144 shs
Average Volume: 748,492 shs
Market Capitalization: $254.96 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.00

Vuzix MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 170.3% Upside
$11.00 Price Target
Short Interest: Bearish
24.26% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$52,466 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.62) to ($0.61) Per Share

Overall MarketRank^™

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

1.88 out of 5 stars

Computer And Technology Sector

468th out of 621 stocks

Radio & T.V. Communications Equipment Industry

21st out of 26 stocks

3.5

Analyst's Opinion

Consensus Rating
Vuzix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.00, Vuzix has a forecasted upside of 170.3% from its current price of $4.07.
Amount of Analyst Coverage
Vuzix has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
24.26% 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 22.8, which indicates bearish sentiment.
Change versus previous month
Short interest in Vuzix has recently increased by 0.34%, indicating that investor sentiment is decreasing.

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.

2.7

News and Social Media Coverage

News Sentiment
Vuzix has a news sentiment score of 0.84. 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 0.45 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Vuzix this week, compared to 4 articles on an average week.
Search Interest
Only 8 people have searched for VUZI on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
MarketBeat Follows
26 people have added Vuzix to their MarketBeat watchlist in the last 30 days. This is an increase of 550% 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 $52,466.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 7.60% of the stock of Vuzix is held by insiders.
Percentage Held by Institutions
42.20% 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 ($0.62) to ($0.61) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Vuzix is -5.50, 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 -5.50, 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 1.80. 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 (NASDAQ:VUZI) Stock

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, the Asia-Pacific, Europe, and internationally. It provides M300XL, M400, and M4000 series of smart glasses for enterprise, industrial, commercial, and medical markets; Vuzix Blade smart glasses; waveguide optics and related coupling optics; and Vuzix Shield smart glasses, as well as custom and engineering solutions. The company sells its products through resellers, direct to commercial customers, and via online stores, as well as various Vuzix operated web stores in 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.

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VUZI Stock News Headlines

December 3, 2022 | americanbankingnews.com

Grant Russell Acquires 5,000 Shares of Vuzix Co. (NASDAQ:VUZI) Stock

November 17, 2022 | finance.yahoo.com

Vuzix to Introduce its New Award Winning Ultralite™ Smart Glasses Platform at CES 2023

November 12, 2022 | finance.yahoo.com

Vuzix Third Quarter 2022 Earnings: Revenues Disappoint

November 8, 2022 | benzinga.com

Augmented Reality Market Size (2021-2028) Worth USD 97.76 Billion, 48.6% CAGR

November 4, 2022 | finance.yahoo.com

Vuzix Announces General Availability of M400C Smart Glasses

November 3, 2022 | finance.yahoo.com

Vuzix Leases New Manufacturing Space to Support the Expansion of Its Waveguide Production Capacity

November 1, 2022 | finance.yahoo.com

Vuzix Acquires SAP Software Solution Provider Moviynt™

October 19, 2022 | globenewswire.com

Elev8 New Media Wins Two Media Relations Awards at the 58th Annual Public Relations Society of America (PRSA) Los Angeles Award Ceremony - GlobeNewswire

October 19, 2022 | finance.yahoo.com

Vuzix to Demonstrate its Industry-Leading Smart Glasses Solutions at Upcoming AES and AWE-EU Trade Show Conferences

October 19, 2022 | finance.yahoo.com

Sales Veteran Bill Beltz Joins Vuzix in the New Position of Vice President of Global Sales

October 17, 2022 | finance.yahoo.com

Vuzix Blade Smart Glasses Support Xpertinc's Closed Captioning C-Sound Solution for the Deaf and Hearing Impaired

October 13, 2022 | seekingalpha.com

Vuzix expands Asia-Pacific presence - Seeking Alpha

October 11, 2022 | finance.yahoo.com

4 Computer Peripheral Stocks to Watch Amid Industry Headwinds - Yahoo Finance

October 11, 2022 | finance.yahoo.com

Vuzix Expands Asia-Pacific Presence with Volume Smart Glasses Order from Distribution Partner HongKe

October 6, 2022 | finance.yahoo.com

Vuzix Smart Glasses Selected to Support NSION's Seamless Situational Awareness Solution for DOD and First Responders

October 3, 2022 | finance.yahoo.com

Hodei Technology Partners with Vuzix to Support Its New Klabra Platform and Places Initial Volume Purchase Order

September 28, 2022 | marketwatch.com

Virtual Reality Market Research on Present State and Future Growth Prospects of Key Players, Forecast by 2022 To 2027

September 28, 2022 | finance.yahoo.com

Vuzix Announces General Availability of Blade 2™ Smart Glasses

September 27, 2022 | finance.yahoo.com

Human Augmentation Market Size is Predicted to Reach USD 500.61 Billion by 2028 and SWOT Analysis by Key Players - BrainGate, Ekso Bionics, Temia, Google - Yahoo Finance

September 27, 2022 | bloomberg.com

Human Augmentation Market Size is Predicted to Reach USD 500.61 Billion by 2028 and SWOT Analysis by Key Players - BrainGate, - Bloomberg

September 14, 2022 | finance.yahoo.com

Vuzix Receives Award from Deutsche Telekom at Digital X 2022 for Enterprise Technology of the Year, Connected Workforce

September 9, 2022 | finance.yahoo.com

Vuzix Smart Glasses Supporting Deutsche Telekom's Enhanced Telephony for Connected Workers at Digital X 2022

September 8, 2022 | investing.com

Vuzix Corp Cmn Stk (VUZI)

September 7, 2022 | finance.yahoo.com

Toppan's RemoPick System Uses Vuzix Smart Glasses to Support Remote Order Picking Trial for Homebound Seniors in Japan

September 6, 2022 | seekingalpha.com

Vuzix: Leading An Innovative Industry (NASDAQ:VUZI) - Seeking Alpha

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30 days | 90 days | 365 days | Advanced Chart

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VUZI Company Calendar

Last Earnings: 11/07/2021
Today: 12/09/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 3/07/2023

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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: 108
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $11.00
High Stock Price Forecast: $15.00
Low Stock Price Forecast: $7.00
Forecasted Upside/Downside: +175.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.74)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-40,380,000.00
Net Margins: -383.76%
Pretax Margin: -338.70%
Return on Equity: -34.97%
Return on Assets: -32.79%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 13.27
Quick Ratio: 11.78

Sales & Book Value

Annual Sales: $13.16 million
Price / Sales: 19.37
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.26 per share
Price / Book: 1.77

Miscellaneous

Outstanding Shares: 63,740,000
Free Float: 58,896,000
Market Cap: $254.96 million
Optionable: Optionable
Beta: 1.99

Key Executives

Mr. Paul J. Travers (Age 61)
Founder, Chairman, CEO & Pres
Comp: $593.21k

Mr. Grant Neil Russell CA (Age 69)
CFO, Exec. VP, Treasurer & Director
Comp: $467.25k

Mr. Pete Jameson
Chief Operating Officer

Ed McGregor
Director of Investor Relations

Mr. Eric Black
Gen. Counsel

Ms. Charlotte Walker
VP of Corp. Communications

Mr. Bill Beltz
VP of Global Sales

Mr. Brad Craig
Head of Developer Relations Activities

Mr. Pano A. Spiliotis
Managing Director of Integrated Solutions Bus. Unit

Mr. Alex Kelly
Director of Innovation & Strategic Partnerships

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VUZI Stock - Frequently Asked Questions

Should I buy or sell Vuzix stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Vuzix in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" VUZI shares.
View VUZI analyst ratings or view top-rated stocks.
What is Vuzix's stock price forecast for 2023?: 1 analysts have issued 1-year price objectives for Vuzix's shares. Their VUZI share price forecasts range from $7.00 to $15.00. On average, they predict the company's share price to reach $11.00 in the next year. This suggests a possible upside of 171.6% from the stock's current price.
View analysts price targets for VUZI or view top-rated stocks among Wall Street analysts.
How have VUZI shares performed in 2022?: Vuzix's stock was trading at $8.67 at the beginning of 2022. Since then, VUZI shares have decreased by 53.3% and is now trading at $4.05.
View the best growth stocks for 2022 here.
When is Vuzix's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
View our VUZI earnings forecast.
How were Vuzix's earnings last quarter?: Vuzix Co. (NASDAQ:VUZI) posted its quarterly earnings data on Sunday, November, 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.13). The business had revenue of $3.02 million for the quarter, compared to analysts' expectations of $3.79 million. Vuzix had a negative net margin of 383.76% and a negative trailing twelve-month return on equity of 34.97%. The firm's revenue was up 8.6% compared to the same quarter last year.
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).

What is Vuzix's stock symbol?: Vuzix trades on the NASDAQ under the ticker symbol "VUZI."
Who are Vuzix's major shareholders?: Vuzix's stock is owned by a number of institutional and retail investors. Top institutional shareholders include ARK Investment Management LLC (10.27%), BlackRock Inc. (6.19%), State Street Corp (5.91%), Vanguard Group Inc. (4.98%), Essex Investment Management Co. LLC (0.57%) and Bank of New York Mellon Corp (0.31%). Insiders that own company stock include Corp Intel, Edward William Jr Kay, Grant Russell, Paul J Travers, 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.
What is Vuzix's stock price today?: One share of VUZI stock can currently be purchased for approximately $4.05.
How much money does Vuzix make?: Vuzix (NASDAQ:VUZI) has a market capitalization of $258.15 million and generates $13.16 million in revenue each year. The company earns $-40,380,000.00 in net income (profit) each year or ($0.74) on an earnings per share basis.
How many employees does Vuzix have?: The company employs 108 workers across the globe.
How can I contact Vuzix?: Vuzix's mailing address is 25 HENDRIX ROAD SUITE A, WEST HENRIETTA NY, 14586. The official website for the company is www.vuzix.com. The company can be reached via phone at (585) 359-5900, via email at vuzi@irthcommunications.com, or via fax at 585-359-4172.

This page (NASDAQ:VUZI) was last updated on 12/9/2022 by MarketBeat.com Staff

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