Vuzix (VUZI) Stock Price, News & Analysis

Company Overview

Vuzix Corporation designs, manufactures, and markets smart glasses and augmented reality (AR) technologies and products for the enterprise, medical, defense, and consumer markets. The company's products include head-mounted smart personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as original equipment manufacturer waveguide optical components and display engines. It also provides certified ERP SaaS logistics solution to support hand-held mobile phones and scanners used in logistics, warehousing, and manufacturing applications. It holds approximately 375 patents and patents pending and various IP licenses in the fields of optics, head-mounted displays, and augmented reality Video Eyewear field. It sells its products through resellers, distributors, direct to commercial customers, and online stores, as well as various Vuzix operated web stores in North America, Europe, the Asia-Pacific, and internationally. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in September 2007. Vuzix Corporation was incorporated in 1997 and is headquartered in West Henrietta, New York.

Key Stats

• Today's Range: $1.03 to $1.13
• 50-Day Range: $0.91 to $1.47
• 52-Week Range: $0.83 to $2.50
• Volume: 442,066 shs
• Average Volume: 886,025 shs
• Market Capitalization: $82.44 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.00
• Consensus Rating: Buy

Vuzix Stock Analysis - MarketRank™

Vuzix scored higher than 29% of companies evaluated by MarketBeat, and ranked 509th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Vuzix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Vuzix has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Vuzix is -0.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Vuzix is -0.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Vuzix has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

18.58% of the float of Vuzix has been sold short.

Short Interest Ratio / Days to Cover

Vuzix has a short interest ratio ("days to cover") of 9.9.

Change versus previous month

Short interest in Vuzix has recently increased by 8.45%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Vuzix does not currently pay a dividend.

Dividend Growth

Vuzix does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

18.58% of the float of Vuzix has been sold short.

Short Interest Ratio / Days to Cover

Vuzix has a short interest ratio ("days to cover") of 9.9.

Change versus previous month

Short interest in Vuzix has recently increased by 8.45%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.22

News Sentiment

Vuzix has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Vuzix this week, compared to 3 articles on an average week.

Search Interest

3 people have searched for VUZI on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

6 people have added Vuzix to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Vuzix insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.30% of the stock of Vuzix is held by insiders.

Percentage Held by Institutions

Only 35.87% of the stock of Vuzix is held by institutions.

VUZI Stock Analysis - Frequently Asked Questions

How have VUZI shares performed this year?

Vuzix's stock was trading at $2.09 at the beginning of the year. Since then, VUZI stock has decreased by 46.4% and is now trading at $1.12.
View the best growth stocks for 2024 here.

How were Vuzix's earnings last quarter?

Vuzix Co. (NASDAQ:VUZI) posted its earnings results on Wednesday, August, 14th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.52. The company had revenue of $1.09 million for the quarter. Vuzix had a negative trailing twelve-month return on equity of 139.39% and a negative net margin of 1,437.17%.

Who are Vuzix's major shareholders?

Vuzix's top institutional shareholders include Geode Capital Management LLC (0.91%), Taylor Frigon Capital Management LLC (1.03%), GSA Capital Partners LLP (0.68%) and BNP Paribas Financial Markets (0.31%). Insiders that own company stock include Paul J Travers, Grant Russell, Edward William Jr Kay, Peter Hamilton Jameson, Timothy Heydenreich Harned and Raj Rajgopal.
View institutional ownership trends.

How do I buy shares of Vuzix?

Shares of VUZI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Vuzix own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Vuzix investors own include Block (SQ), Digital Turbine (APPS), Palantir Technologies (PLTR), SoFi Technologies (SOFI), Canoo (GOEV), ChargePoint (CHPT) and Archer Aviation (ACHR).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Radio & t.v. communications equipment
• Sub-Industry: N/A
• Current Symbol: NASDAQ:VUZI
• CUSIP: N/A
• CIK: 1463972
• Web: www.vuzix.com
• Phone: (585) 359-5900
• Fax: 585-359-4172
• Employees: 94
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.00
• High Stock Price Target: $2.00
• Low Stock Price Target: $2.00
• Potential Upside/Downside: +78.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.24)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-50,150,000.00
• Net Margins: -1,437.17%
• Pretax Margin: -1,437.15%
• Return on Equity: -139.39%
• Return on Assets: -131.18%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 13.16
• Quick Ratio: 8.66

Sales & Book Value

• Annual Sales: $12.13 million
• Price / Sales: 6.80
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.54 per share
• Price / Book: 2.07

Miscellaneous

• Outstanding Shares: 73,610,000
• Free Float: 67,505,000
• Market Cap: $82.44 million
• Optionable: Optionable
• Beta: 1.51