Vuzix Corporation designs, manufactures, markets, and sells wearable display devices in the United States and internationally. Its wearable display products include augmented reality (AR) smart glasses for various enterprise and commercial users and applications; and video viewing glasses for on-the-go users as mobile displays for entertainment and gaming. The company's products also include binocular wearable displays that contain two micro displays mounted in a frame attached to eyeglass-style temples or stereo headphones; monocular smart glasses products for the enterprise, industrial, and commercial markets, as well as video headphones; AR wearable products, which provide users with a live, direct, or indirect view of a physical real-world environment. Its products are worn as eyeglasses that enable the user to view video and digital content, such as movies, computer data, the Internet, or video games. In addition, it offers an app store on its Websites where users can download and purchase applications, including third party applications; VUZIX Basics, an application that provides the fundamental benefits of smart glasses to users; and VUZIX Basics Video provides remote telepresence capabilities. Further, the company provides waveguide optics and design reference kits, and custom and engineering solutions. Vuzix Corporation offers its products directly to consumers, 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:VUZI
CUSIPN/A
Phone585-359-5900
Debt
Debt-to-Equity RatioN/A
Current Ratio8.01
Quick Ratio6.89
Price-To-Earnings
Trailing P/E Ratio-5.86
Forward P/E Ratio-7.08
P/E GrowthN/A
Sales & Book Value
Annual Sales$5.54 million
Price / Sales29.46
Cash FlowN/A
Price / CashN/A
Book Value$0.78 per share
Price / Book7.63
Profitability
EPS (Most Recent Fiscal Year)($1.02)
Net Income$-19,630,000.00
Net Margins-318.25%
Return on Equity-74.46%
Return on Assets-65.39%
Miscellaneous
Employees61
Outstanding Shares27,430,000
Market Cap$160.44 million
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) released its quarterly earnings results on Thursday, August, 9th. The company reported ($0.22) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.21) by $0.01. The business earned $2.65 million during the quarter. Vuzix had a negative return on equity of 74.46% and a negative net margin of 318.25%. View Vuzix's Earnings History.
When is Vuzix's next earnings date?
What price target have analysts set for VUZI?
3 equities research analysts have issued 12-month target prices for Vuzix's shares. Their forecasts range from $10.00 to $11.00. On average, they anticipate Vuzix's stock price to reach $10.50 in the next year. This suggests a possible upside of 76.5% from the stock's current price. View Analyst Price Targets for Vuzix.
What is the consensus analysts' recommendation for Vuzix?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vuzix in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Vuzix.
Who are some of Vuzix's key competitors?
Some companies that are related to Vuzix include Gilat Satellite Networks (GILT), Harmonic (HLIT), Energous (WATT), Ceragon Networks (CRNT), KVH Industries (KVHI), Airgain (AIRG), Pointer Telocation (PNTR), Aviat Networks (AVNW), PC Tel (PCTI), SeaChange International (SEAC), Digital Ally (DGLY), SGOCO Group (SGOC), ParkerVision (PRKR), Technical Communications (TCCO) and Sonic Foundry (SOFO).
Who are Vuzix's key executives?
Vuzix's management team includes the folowing people:
- Mr. Paul J. Travers, Founder, Chairman, CEO & resident (Age 57)
- Mr. Grant Neil Russell, CFO, Exec. VP, Treasurer & Director (Age 65)
- Mr. Zach Stone, VP of Operations
- Matt Margolis, Director of Corp. Communications and Investor Relations
- Ms. Charlotte Walker, VP of Corp. Communications
Has Vuzix been receiving favorable news coverage?
News coverage about VUZI stock has trended somewhat positive on Wednesday, according to Accern Sentiment. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Vuzix earned a daily sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Vuzix.
Who are Vuzix's major shareholders?
Vuzix's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.78%), Northern Trust Corp (0.93%), Taylor Frigon Capital Management LLC (0.85%), Bank of New York Mellon Corp (0.24%), Bank of New York Mellon Corp (0.24%) and Schwab Charles Investment Management Inc. (0.19%). 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 institutional investors are buying Vuzix stock?
VUZI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Taylor Frigon Capital Management LLC, Northern Trust Corp, Schwab Charles Investment Management Inc., PEAK6 Investments L.P., Bank of New York Mellon Corp, Bank of New York Mellon Corp and Belpointe Asset Management LLC. 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 $5.95.
How big of a company is Vuzix?
Vuzix has a market capitalization of $160.44 million and generates $5.54 million in revenue each year. The company earns $-19,630,000.00 in net income (profit) each year or ($1.02) on an earnings per share basis. Vuzix employs 61 workers across the globe.
How can I contact Vuzix?
Vuzix's mailing address is 25 HENDRIX ROAD SUITE A, WEST HENRIETTA NY, 14583. The company can be reached via phone at 585-359-5900 or via email at [email protected]
MarketBeat Community Rating for Vuzix (NASDAQ VUZI)
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.
