VOXX International Corp (VOXX) shares projected to rise by 175.39%

A share price of VOXX International Corp [VOXX] is currently trading at $5.81, down -0.17%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VOXX shares have gain 8.19% over the last week, with a monthly amount glided 125.19%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

VOXX International Corp [NASDAQ: VOXX] stock has seen the most recent analyst activity on October 13, 2022, when Imperial Capital downgraded its rating to a In-line but kept the price target unchanged to $10 for it. Previously, Imperial Capital started tracking the stock with Outperform rating on November 04, 2021, and set its price target to $15. On June 30, 2021, DA Davidson initiated with a Buy rating and assigned a price target of $21 on the stock. Oppenheimer reiterated its Outperform rating and decreased its price target to $8 on January 13, 2016. Oppenheimer initiated its recommendation with a Outperform and recommended $9 as its price target on November 12, 2015. Needham downgraded its rating to Buy for this stock on May 16, 2014, and downed its price target to $13. In a note dated December 06, 2013, Needham initiated an Strong Buy rating and provided a target price of $23 on this stock.

VOXX International Corp experienced fluctuations in its stock price throughout the past year between $2.27 and $11.74. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. VOXX International Corp [NASDAQ: VOXX] shares were valued at $5.81 at the most recent close of the market. An investor can expect a potential return of 175.39% based on the average VOXX price forecast.

Analyzing the VOXX fundamentals

Trailing Twelve Months sales for VOXX International Corp [NASDAQ:VOXX] were 448.65M which represents -18.11% decline. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.13 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.24.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.58 points at the first support level, and at 5.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.19, and for the 2nd resistance point, it is at 6.56.

Ratios To Look Out For

To put it in perspective, the Current Ratio for VOXX International Corp [NASDAQ:VOXX] is 2.41. Also, the Quick Ratio is 1.06, while the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 0.29, the price to book ratio is 0.44.

Transactions by insiders

Recent insider trading involved GENTEX CORP, 10% Owner, that happened on Aug 23 ’24 when 3.15 million shares were purchased. Director, Kahli Beat completed a deal on Aug 23 ’24 to sell 3.13 million shares. Meanwhile, Director Kahli Beat sold 20000.0 shares on Aug 23 ’24.

Related Posts