The asset utilization indicator shows how much revenue a company generates for every dollar of its assets. VOXX International boasts an impressive asset utilization ratio of 105.61 percent, meaning it earns $1.06 for every dollar in assets. This increase in asset utilization indicates that VOXX is becoming more efficient in using its resources for daily operations. In simple terms, the company is getting more bang for its buck, which is a positive sign for investors looking for effective management and growth potential.
Key Arguments
Investors are buzzing about VOXX International (NASDAQ: VOXX) as the stock shows signs of gaining traction in the consumer electronics sector. With a recent quote of
5.49, the stock has demonstrated a promising price percent change of
12.73, hinting at a potential upside of
12.64. The company's ability to maintain a daily balance of power at
0.775 suggests that confidence is building, making it an intriguing option for those looking to capitalize on its upward momentum. As VOXX continues to innovate and capture market interest, it may just be the hidden gem that savvy investors have been waiting for.
The successful prediction of VOXX International
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as VOXX International, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of VOXX International based on VOXX International hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to VOXX International's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to VOXX International's related companies.
Use Technical Analysis to project VOXX expected Price
VOXX International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of VOXX International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VOXX International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...VOXX International Gross Profit
VOXX International Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing VOXX International previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show VOXX International Gross Profit growth over the last 10 years. Please check VOXX International's
gross profit and other
fundamental indicators for more details.
Details
The company reported the previous year's revenue of 468.91
M. Net Loss for the year was (40.85
M) with profit before overhead, payroll, taxes, and interest of 134.3
M.
Current Deferred Revenue Breakdown
VOXX International Current Deferred Revenue yearly trend continues to be fairly stable with very little volatility. Current Deferred Revenue will likely drop to about 3.6
M in 2024. Current Deferred Revenue usually refers to revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. At this time, VOXX International's Current Deferred Revenue is fairly stable compared to the past year.
| 2015 | 4.68 Million |
| 2017 | 2.84 Million |
| 2018 | 1.35 Million |
| 2019 | 4.18 Million |
| 2021 | 4.37 Million |
| 2022 | 3.99 Million |
| 2023 | 3.81 Million |
| 2024 | 3.62 Million |
"Success usually comes to those who are too busy to be looking for it." – Henry David Thoreau. VOXX International (NASDAQ: VOXX) is stirring interest among investors as it showcases a potential turnaround in the consumer electronics sector. With a current valuation of $189.89 million and a price-to-earnings ratio of 7.71X, the stock appears attractively priced compared to its peers. Despite recent losses in return on equity and assets, the company boasts a solid gross profit of $134.3 million and a current ratio of 1.84X, indicating good short-term financial health. Additionally, the stock's price-to-book ratio of 0.43X suggests it may be undervalued, further enticing investors looking for opportunities in a volatile market. As confidence grows, VOXX could be on the verge of winning over a broader base of investors.
Our take on today VOXX International rise
VOXX International has recently improved its risk-adjusted performance, now at 0.09, indicating it’s handling risk fairly well relative to its returns. However, investors should tread carefully, as there are signs that the stock price might drop again. This combination of rising performance and potential price swings creates an intriguing situation for traders, emphasizing the need to monitor market trends closely in the days ahead.
The stock is also showing above-average volatility, which can help investors time their moves. Understanding these volatility patterns is crucial, especially during bear markets, as they can significantly affect VOXX's stock price.
This heightened volatility often leads investors to adjust their portfolios, seeking stability as prices fluctuate.As we look ahead to 2024, the outlook for VOXX International appears precarious. With a market value of
5.49, the stock faces significant challenges, particularly given the analyst consensus leaning towards a strong sell. The highest estimated target price sits at just
8.64, far below the possible upside price of
16.6. Investors should tread carefully, as the naive expected forecast value is only
6.55, suggesting limited growth potential. With the looming possibility of a downside price reaching
0.0549, those considering an investment in VOXX should weigh the risks against the potential rewards very carefully..
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Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of VOXX International. Please refer to our
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