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NASDAQ:VUZIVuzix Stock Price, Forecast & News

$2.49
-0.01 (-0.40 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$2.40
Now: $2.49
$2.53
50-Day Range
$1.49
MA: $1.99
$2.86
52-Week Range
$0.86
Now: $2.49
$5.00
Volume402,234 shs
Average Volume3.39 million shs
Market Capitalization$85.43 million
P/E RatioN/A
Dividend YieldN/A
Beta1.91
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.79 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.67 million
Book Value$0.56 per share

Profitability

Net Income$-26,480,000.00
Net Margins-373.05%

Miscellaneous

Employees82
Market Cap$85.43 million
Next Earnings Date8/14/2020 (Estimated)
OptionableOptionable

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Vuzix (NASDAQ:VUZI) Frequently Asked Questions

How has Vuzix's stock been impacted by COVID-19 (Coronavirus)?

Vuzix's stock was trading at $1.35 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, VUZI shares have increased by 84.4% and is now trading at $2.49. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Vuzix?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vuzix in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Vuzix.

When is Vuzix's next earnings date?

Vuzix is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for Vuzix.

How were Vuzix's earnings last quarter?

Vuzix Corp (NASDAQ:VUZI) issued its quarterly earnings results on Monday, May, 11th. The company reported $1.57 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.14) by $1.71. The business had revenue of $1.53 million for the quarter. Vuzix had a negative net margin of 373.05% and a negative return on equity of 105.14%. View Vuzix's earnings history.

What price target have analysts set for VUZI?

3 brokerages have issued twelve-month price targets for Vuzix's stock. Their forecasts range from $3.50 to $10.00. On average, they anticipate Vuzix's share price to reach $6.75 in the next year. This suggests a possible upside of 171.1% from the stock's current price. View analysts' price targets for Vuzix.

What are Wall Street analysts saying about Vuzix stock?

Here are some recent quotes from research analysts about Vuzix stock:
  • 1. 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. " (9/7/2019)
  • 2. Chardan Capital analysts commented, "We believe that the coming months are critical for the company. Expectations are for a significant acceleration in revenue in the second half as the M series moves from pilots to production deployments and the initial volumes of the Blade becomes a meaningful contributor. However, Vuzix faces competition from Google, which announced a second-gen product that uses an MSRP of $999. Google Glass will be priced at parity to the a significant discount to the M400 list price of $1500, which is scheduled for volume production this summer. Apple is also rumored to be entering the market in the next 24 months." (7/2/2019)

Has Vuzix been receiving favorable news coverage?

Headlines about VUZI stock have been trending very negative on Sunday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Vuzix earned a daily sentiment score of -3.5 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutVuzix.

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 following 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

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 Taylor Frigon Capital Management LLC (3.26%), Taylor Frigon Capital Management LLC (2.64%), GSA Capital Partners LLP (0.27%), Cetera Advisor Networks LLC (0.18%), Capital Counsel LLC NY (0.06%) and KLCM Advisors Inc. (0.06%). Company insiders that own Vuzix stock include Edward William Jr Kay, Grant Russell, 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 Cetera Advisor Networks LLC. View insider buying and selling activity for Vuzix.

Which major investors are buying Vuzix stock?

VUZI stock was bought by a variety of institutional investors in the last quarter, including Taylor Frigon Capital Management LLC, Taylor Frigon Capital Management LLC, GSA Capital Partners LLP, Capital Counsel LLC NY, and KLCM Advisors Inc.. Company insiders that have bought Vuzix stock in the last two years include Edward William Jr Kay, Grant Russell, Paul J Travers, and Timothy Heydenreich Harned. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Vuzix's stock price today?

One share of VUZI stock can currently be purchased for approximately $2.49.

How big of a company is Vuzix?

Vuzix has a market capitalization of $85.43 million and generates $6.67 million in revenue each year. Vuzix employs 82 workers across the globe.

What is Vuzix's official website?

The official website for Vuzix is 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]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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