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
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 Ratio13.22
Quick Ratio11.87
Price-To-Earnings
Trailing P/E Ratio-7.45
Forward P/E Ratio-10.86
P/E GrowthN/A
Sales & Book Value
Annual Sales$5.54 million
Price / Sales37.49
Cash FlowN/A
Price / CashN/A
Book Value$0.78 per share
Price / Book9.74
Profitability
EPS (Most Recent Fiscal Year)($1.02)
Net Income$-19,630,000.00
Net Margins-354.57%
Return on Equity-89.53%
Return on Assets-76.95%
Miscellaneous
Employees61
Outstanding Shares27,330,000
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) announced its quarterly earnings data on Thursday, May, 10th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.23) by $0.01. The business had revenue of $1.54 million for the quarter. Vuzix had a negative net margin of 354.57% and a negative return on equity of 89.53%. View Vuzix's Earnings History.
When is Vuzix's next earnings date?
What price target have analysts set for VUZI?
3 brokers have issued 12-month price objectives for Vuzix's shares. Their forecasts range from $10.00 to $11.00. On average, they anticipate Vuzix's share price to reach $10.50 in the next twelve months. View Analyst Ratings for Vuzix.
Who are some of Vuzix's key competitors?
Some companies that are related to Vuzix include Comtech Telecomm. (CMTL), Sierra Wireless (SWIR), Gilat Satellite Networks (GILT), Energous (WATT), Harmonic (HLIT), Ceragon Networks (CRNT), KVH Industries (KVHI), PC Tel (PCTI), SeaChange International (SEAC), Pointer Telocation (PNTR), Aviat Networks (AVNW), Airgain (AIRG), Digital Ally (DGLY), SGOCO Group (SGOC) and ParkerVision (PRKR).
Who are Vuzix's key executives?
Vuzix's management team includes the folowing people:
- Mr. Paul J. Travers, Founder, Chairman, Chief Exec. Officer and Pres (Age 57)
- Mr. Grant Neil Russell CA, CFO, Exec. VP, Treasurer & Director (Age 65)
- Mr. Paul Boris, COO & Director (Age 54)
- Mr. Lance Anderson, VP of Enterprise Sales
- Matt Margolis, Director of Corp. Communications and Investor Relations
Has Vuzix been receiving favorable news coverage?
Media headlines about VUZI stock have trended somewhat positive on Monday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Vuzix earned a news impact score of 0.03 on Accern's scale. They also gave media headlines about the company an impact score of 44.15 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Vuzix's major shareholders?
Vuzix's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Millennium Management LLC (0.66%), ETF Managers Group LLC (0.53%), Granite Investment Partners LLC (0.22%), Tibra Equities Europe Ltd (0.19%), Barclays PLC (0.15%) and Element Capital Management LLC (0.10%). 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 acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Granite Investment Partners LLC, ETF Managers Group LLC, Tibra Equities Europe Ltd, Barclays PLC and Element Capital 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 $7.60.
How big of a company is Vuzix?
Vuzix has a market capitalization of $189.91 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 (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.
