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VOXX International Corporation (VOXX)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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10.52+0.36 (+3.54%)
At close: 04:00PM EST
10.52 0.00 (0.00%)
After hours: 04:00PM EST
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  • v
    veronica
    Going back to $14
  • D
    DeJay
    CEO stood strong and came right out about details of contract breach in the earnings call. And answered questions from analysts regarding that issue with more details than expected. I'm starting to see the "greener" grass. This is the confidence we need from them
  • M
    MartinK
    Looks like a bad earnings report is about to be announced
  • T
    TradingBuzz
    Typical. Great earnings report beating the pants off estimates. So this means take the price down.
  • v
    veronica
    I tould you my friends. Hope that some of you bought under 9. Stock will return over 14 in the next quarter results
  • L
    Luke
    I like this. Insider buys in November. Buy there is a form 8 submitted today? What do you conclude about this? I'm bullish and expect this to go up at least 15 after earnings call in January.
  • M
    MartinK
    As of 9/30/21 the largest holder of VOXX was the Kahn brother portfolio. They had over $22M invested.
    The 3rd quarter showed some significant outflows by the institutions. The 3rd quarter results will be reported in early January. They are expecting a 7 cent earnings. That ain't much. Earnings are down by almost 97% compared to last year.
    Today's and the next few days will show depressed stock values because of the new Covid virus. Do not be fooled the new virus is already here. Simply look at city's that have large international airports like NY and compare the infection rate with the rest of the country.
    Voxx's P/E is at a 5 year high. Can someone tell me why this stock is worth an even higher multiple than it's already selling for?
  • Y
    Yahoo Finance Insights
    VOXX is down 6.40% to 9.65
  • M
    MartinK
    Fidelity's "equity summary score" jumped from a mediocre 5.9 to a 9.4 out of ten.
    The 3rd quarter report in January is key. My guess is that these analysts who improved their outlook for VOXX expect another earnings beat.
  • H
    HSV83
    VOXX is just way too cheap. Wouldn't VOXX be an active takeover candidate for Sonos or Bose? then they would finally have really good speakers in their range. Nice greetings from Germany
  • M
    MartinK
    Although still negative for the current quarter it appears that there is some interest from the mutual funds in VOXX as they are buying back in at these depressed levels. I'm hoping for another earnings beat when they announce earnings in January
  • t
    tom
    Nice rise today in share price. This stock should be in the high 20's based on book value alone.
  • v
    veronica
    Time to buy more 💪🏼
  • J
    Jonathan
    Love this company. I'll be holding long term
  • S
    Sage
    I use EBITDA multiples rather than multiple of sales. If you like 9x (seems reasonable to me, but predicated on growth rate and whether annualizing a single quarter is "reasonable") , the 24M x 4 x 9 = 864. Subtract debt of 6M results in market cap of 858M divided by 27M shares = $31.77.
  • t
    titan
    Looks like this stock had an amazing run $1.83 to $23 in a short period.
    So, looking at the SEC filing today. Company is warning about difficulties in some segments even though revenue is higher. The big problem seem to be drain in the cash balance.
    Cash balance went down from $58 million 9 months ago to just $21 million now.
    At this rate, expect cash raise thru equity offer, imo.
    Probably, this is a good short. But, watch it closely.
  • R
    Raj
    Insiders hold 31% and institution 51% is perhaps a suppressing reason for this great growing company. They need to do more on analyst coverage and highlight accomplishment more often. Six months ago the stock was $24 to $17 three months ago to $12 now with growth since then, clearly a disconnect.
  • S
    Sage
    I was reviewing the recent filings and realized that I had not fully appreciated what was going on. The Company has said it has accepted the IOI from Kahli to acquire 60% of Eyelock. (I'd previously thought they were more still in discussions. This is the outcome from the process that VOXX had engaged an investment banker for. Thomas Kahn had pushed for an IPO but I'd guess revenues were too low at 260k for the last quarter for that to be feasible.)
    So now they are in diligence process. Let's assume for this discussion that Kahli acquires the 60% of Eyelock in exchange for some of his 4.5M shares, which the Company then retires.
    Let's see what happens to valuation metrics. I'm going to assume an EBITDA multiple of 9 for annualized Q1 numbers, and 1M of Mr. Kahli's shares for this example - you should use your own estimates.
    EBITDA for Q1 was 11.3M x 4 x 9 = 406M - 27M in debt = 380M market cap => $15.82/share based on 24M shares.
    Eyelock had (1.6M) of EBITDA for the quarter on 263k of sales and no gross margin. So now we add about 1M of EBITDA (60% of 1.6) to get 12.3M of new EBITDA x4 x9 = 443M - 27M =$19.25/share based on the now 23M shares.
    The numbers get better if you use a higher multiple of EBITDA, or a higher EBITDA which the Company has guided. And I'm just guessing/using as example the purchase price.
    The base numbers would improve further if they sold all of Eyelock, but if you think that Eyelock has great potential, well, VOXX will still have 40% of it.
    Bottom line - the standstill agreement foretells a significant improvement in VOXX's fundamental metrics.
    Sage
  • J
    J0E
    Being reported $0.38 profit and $162.5 mil for the quarter quite impressive.

    “ Voxx International Corp. (VOXX) on Thursday reported fiscal fourth-quarter net income of $9.4 million, after reporting a loss in the same period a year earlier.

    The Orlando, Florida-based company said it had profit of 38 cents per share.

    The consumer electronics maker posted revenue of $162.5 million in the period.”
  • G
    GOTBBQ
    Fundamentals have this as a $30+ stock easy...eyelok news would add to that. Holding....