Voxx International Stock Intrinsic Value – VOXX International Corporation Sets Earnings Guidance for Q4 2023
January 30, 2023
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Voxx International Stock Intrinsic Value – VOXX ($NASDAQ:VOXX) International Corporation, commonly known as VOXX, is a publicly traded company that specializes in the automotive, audio, and consumer electronics industries. The company, based out of Hauppauge, New York, designs, manufactures, and distributes a variety of products such as car audio systems, smart home systems, video surveillance systems, and other consumer electronics. VOXX recently announced their earnings guidance for the fourth quarter of 2023. The company attributed the increase to an anticipated increase in their core business and the success of their new product launches. VOXX plans to launch several new products in the upcoming quarter that are expected to help drive the company’s growth.
They also plan to continue investing in marketing and research and development activities to ensure that their products remain competitive in the markets they serve. He stated, “We believe that our commitment to innovation and product development, coupled with our ability to deliver value-added solutions to our customers, will allow us to continue to be successful in the fourth quarter of 2023 and beyond.” Overall, the guidance provided by VOXX International Corporation is positive news for both investors and customers alike. The company’s strong performance in the upcoming quarter could help drive its stock price higher, while customers should benefit from an increased selection of innovative products.
Price History
This news came as the stock opened at $10.3 and closed at $10.1, down by 2.1% from their previous closing price of 10.3. VOXX INTERNATIONAL Corporation is optimistic about the future and expects to see positive growth in the fourth quarter and beyond. The company’s near-term outlook is positive, with the potential to meet or exceed the current earnings guidance for the fourth quarter of 2023. However, the market’s response to this news has been mixed, with many investors feeling uncertain about the company’s future prospects. While the company remains confident in its ability to perform well in the fourth quarter and beyond, it will be interesting to see how the market responds to their upcoming earnings report. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Voxx International. More…
| Total Revenues | Net Income | Net Margin |
| 561.37 | -6.56 | -0.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Voxx International. More…
| Operations | Investing | Financing |
| -41.25 | -3.79 | 27.59 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Voxx International. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 566.41 | 237.9 | 15.31 |
Key Ratios Snapshot
Some of the financial key ratios for Voxx International are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.8% | -27.6% | -2.0% |
| FCF Margin | ROE | ROA |
| -8.0% | -2.0% | -1.2% |
VI Analysis – Voxx International Stock Intrinsic Value
VOXX International Corporation is a company whose fundamentals reflect its long term potential. A simple analysis of its stock using the VI Line app shows that its intrinsic value is around $10.0. Currently, the stock is trading at $10.1, indicating that it is slightly overvalued by 1%. This could be attributed to investor sentiment and market conditions. VOXX International Corporation is a diversified consumer electronics and automotive supplier, providing an array of products in the areas of vehicle security and remote start systems, premium audio, automotive accessories, consumer electronics, and digital imaging. The company is well-positioned for growth due to its broad product portfolio, strong presence in the automotive industry and diversified customer base. Additionally, its focus on innovation has enabled it to bring new products to market quickly and remain competitive in the face of changing technology trends. With a strong balance sheet and a disciplined approach to capital allocation, VOXX International Corporation is well-positioned to continue to grow and create value for shareholders. More…
VI Peers
The competition in the market for electronic devices is fierce. One company that has been competing against some of the biggest names in the industry is VOXX International Corp. While they may not be as big as their competitors, Casio Computer Co Ltd, Emerson Radio Corp, and Cystech Electronics Corp, they have been able to hold their own in the market.
– Casio Computer Co Ltd ($TSE:6952)
Casio Computer Co Ltd is a Japanese multinational consumer electronics and commercial electronics manufacturing company headquartered in Shibuya, Tokyo, Japan. Its products include calculators, mobile phones, digital cameras, electronic musical instruments, and digital watches. The company was founded in 1946 by Tadao Kashio, an engineer and self-taught inventor.
Casio’s market cap is $321.42B as of 2022 and its ROE is 6.45%. The company is a leading manufacturer of consumer electronics and commercial electronics. Its products are sold in over 160 countries and regions. Casio has a strong research and development capability and a history of innovation. It is committed to improving the quality of life through its products and services.
– Emerson Radio Corp ($NYSEAM:MSN)
Emerson Radio Corp is a publicly traded company that designs, manufactures, and markets radio and audio products under the Emerson, Grundig, and Audiovox brands. The company has a market capitalization of 12.73 million as of 2022 and a return on equity of -9.06%.
Emerson Radio was founded in 1948 and is headquartered in Parsippany, New Jersey. The company’s products are sold worldwide through a variety of retailers, including mass merchants, electronics stores, and online retailers. Emerson Radio is a leading provider of radios and audio products for the home, office, and car. The company’s products include clock radios, portable radios, CD players, and home theater systems.
Emerson Radio has a long history of innovation and is committed to providing quality products at an affordable price. The company’s products are backed by a commitment to customer service and satisfaction. Emerson Radio is a publicly traded company on the Nasdaq Global Market under the ticker symbol EMR.
– Cystech Electronics Corp ($TPEX:6651)
Cystech Electronics Corp is a global electronics company with a market cap of 1.95B as of 2022. The company has a return on equity of 26.16% and offers a wide range of electronics products and services. Cystech Electronics Corp is a publicly traded company on the NASDAQ stock exchange.
Summary
VOXX International Corporation, a global consumer electronic products provider, has announced its earnings guidance for the fourth quarter of 2023. This guidance indicates that the company is expecting to grow its sales compared to the same quarter in the previous year. Investors should consider the company’s guidance when making decisions about investing in VOXX International, as it provides insight into the company’s financial expectations.
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