Vuzix Corporation (VUZI) can make a big difference with a little luck

With 0.74 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.1 million shares. During the session, the Consumer Electronics company that operates in wider Technology sector, reached to the highest price of $1.0993 whereas the lowest price it dropped to was $0.9901. The 52-week range on VUZI shows that it touched its highest point at $2.50 and its lowest point at $0.83 during that stretch. It currently has a 1-year price target of $2.00. Beta for the stock currently stands at 1.50.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VUZI was up-trending over the past week, with a rise of 1.90%, but this was down by -17.05% over a month. Three-month performance surged to 20.33% while six-month performance fell -30.52%. The stock lost -54.37% in the past year, while it has lost -48.68% so far this year. A look at the trailing 12-month EPS for VUZI yields -1.22 with Next year EPS estimates of -0.47. For the next quarter, that number is -0.12. This implies an EPS growth rate of -26.58% for this year and 53.00% for next year. EPS is expected to grow by 20.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.93%.

Float and Shares Shorts:

At present, 64.73 million VUZI shares are outstanding with a float of 60.89 million shares on hand for trading. On 2024-10-31, short shares totaled 11.04 million, which was 1499.0 higher than short shares on 1727654400. In addition to Mr. Paul J. Travers as the firm’s Founder, CEO & President, Mr. Grant Neil Russell CA serves as its CFO, Executive VP, Treasurer & Director.

Institutional Ownership:

Through their ownership of 0.13644 of VUZI’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, VUZI reported revenue of $1385714.0 and operating income of -$9162308.0. The EBITDA in the recently reported quarter was -$8459567.0 and diluted EPS was -$0.14.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VUZI since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With VUZI analysts setting a high price target of 2.0 and a low target of 2.0, the average target price over the next 12 months is 2.0. Based on these targets, VUZI could surge 86.92% to reach the target high and rise by 86.92% to reach the target low. Reaching the average price target will result in a growth of 86.92% from current levels.

Analysts have provided yearly estimates in a range of -$1 being high and -$1 being low. For VUZI, this leads to a yearly average estimate of -$1. The surprise factor in the prior quarter was -$0.08. Based on analyst estimates, the high estimate for the next quarter is -$1.0 and the low estimate is -$1.0. The average estimate for the next quarter is thus -$1.0.