Q3 2024 EPS Estimates for Boxlight Co. Raised by HC Wainwright (NASDAQ:BOXL)

Boxlight Co. (NASDAQ:BOXL) – Equities researchers at HC Wainwright boosted their Q3 2024 EPS estimates for shares of Boxlight in a note issued to investors on Thursday, May 9th. HC Wainwright analyst S. Buck now expects that the company will post earnings of $0.06 per share for the quarter, up from their previous forecast of $0.05. HC Wainwright has a “Buy” rating and a $2.00 price target on the stock. The consensus estimate for Boxlight’s current full-year earnings is ($1.64) per share. HC Wainwright also issued estimates for Boxlight’s FY2025 earnings at ($0.51) EPS.

Boxlight (NASDAQ:BOXL) last released its earnings results on Wednesday, March 13th. The company reported ($0.63) earnings per share for the quarter, beating the consensus estimate of ($0.66) by $0.03. The firm had revenue of $38.81 million during the quarter, compared to analyst estimates of $36.48 million. Boxlight had a negative net margin of 22.16% and a negative return on equity of 37.72%. During the same quarter in the previous year, the firm earned ($0.24) earnings per share.

Separately, Alliance Global Partners decreased their price target on Boxlight from $4.50 to $2.50 and set a “buy” rating for the company in a research note on Thursday, March 14th.

Boxlight Stock Performance

BOXL opened at $0.62 on Friday. Boxlight has a twelve month low of $0.49 and a twelve month high of $3.09. The stock has a market cap of $6.02 million, a PE ratio of -0.15 and a beta of 1.28. The business’s 50 day moving average is $0.67 and its 200-day moving average is $0.95. The company has a current ratio of 2.17, a quick ratio of 1.22 and a debt-to-equity ratio of 2.34.

Boxlight Company Profile

Boxlight Corporation designs, produces, and distributes interactive technology solutions for the education, health, corporate, military, and government sectors in the Americas, Europe, the Middle East, Africa, and internationally. The company provides interactive and non-interactive flat panel displays and whiteboards, LED video walls, digital signages, classroom audio and campus communication, cameras and other peripherals, and media players; and accessory document cameras, teacher pads for remote control, assessment systems, and front-of-class display products under the Mimio and Clevertouch brands.