The closing price of Boxlight Corporation (NASDAQ: BOXL) was $0.65 for the day, down -7.89% from the previous closing price of $0.71. In other words, the price has decreased by -$0.0439 from its previous closing price. On the day, 83496 shares were traded.
Ratios:
Our analysis of BOXL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.62. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 2.17. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 1.03.
On October 22, 2019, National Securities started tracking the stock assigning a Buy rating and target price of $4.National Securities initiated its Buy rating on October 22, 2019, with a $4 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 27 ’24 when Marklew Shaun sold 885 shares for $0.79 per share. The transaction valued at 699 led to the insider holds 31,642 shares of the business.
Nance Henry sold 661 shares of BOXL for $522 on Feb 27 ’24. The Chief Operating Officer now owns 42,941 shares after completing the transaction at $0.79 per share. On Feb 27 ’24, another insider, Wiggins Greg, who serves as the Chief Financial Officer of the company, sold 191 shares for $0.79 each. As a result, the insider received 151 and left with 8,327 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BOXL now has a Market Capitalization of 6.91M and an Enterprise Value of 55.08M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 0.31 whereas that against EBITDA is -3.13.
Stock Price History:
Over the past 52 weeks, BOXL has reached a high of $3.43, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is 0.8278, while the 200-Day Moving Average is calculated to be 1.5406.
Shares Statistics:
BOXL traded an average of 55.94K shares per day over the past three months and 102.38k shares per day over the past ten days. A total of 9.70M shares are outstanding, with a floating share count of 8.54M. Insiders hold about 12.17% of the company’s shares, while institutions hold 6.48% stake in the company. Shares short for BOXL as of Mar 15, 2024 were 84.24k with a Short Ratio of 1.51, compared to 103.8k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.87% and a Short% of Float of 0.89%.
Earnings Estimates
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of -$0.86 for the current quarter, with a high estimate of -$0.72 and a low estimate of -$0.93, while EPS last year was -$0.32. The consensus estimate for the next quarter is -$0.37, with high estimates of -$0.22 and low estimates of -$0.45.
Analysts are recommending an EPS of between -$0.68 and -$1.85 for the fiscal current year, implying an average EPS of -$1.39. EPS for the following year is -$0.34, with 2 analysts recommending between $0.25 and -$0.94.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $34.04M to a low estimate of $34M. As of the current estimate, Boxlight Corporation’s year-ago sales were $41.19M, an estimated decrease of -17.40% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $43.7M, a decrease of -7.10% over than the figure of -$17.40% in the same quarter last year. There is a high estimate of $44.51M for the next quarter, whereas the lowest estimate is $42.35M.
A total of 3 analysts have provided revenue estimates for BOXL’s current fiscal year. The highest revenue estimate was $176.55M, while the lowest revenue estimate was $169.38M, resulting in an average revenue estimate of $173.81M. In the same quarter a year ago, actual revenue was $176.72M, down -1.60% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $157.69M in the next fiscal year. The high estimate is $194.18M and the low estimate is $121.19M. The average revenue growth estimate for next year is down -9.30% from the average revenue estimate for this year.
