Boxlight (NASDAQ:BOXL – Get Free Report)‘s stock had its “buy” rating reissued by equities researchers at HC Wainwright in a research note issued on Thursday, Benzinga reports. They presently have a $2.00 target price on the stock. HC Wainwright’s price objective would suggest a potential upside of 256.44% from the stock’s current price.
Separately, Alliance Global Partners reduced their price target on shares of Boxlight from $4.50 to $2.50 and set a “buy” rating for the company in a research report on Thursday, March 14th.
Read Our Latest Analysis on BOXL
Boxlight Stock Performance
Boxlight (NASDAQ:BOXL – Get Free Report) last announced its quarterly 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. Boxlight had a negative return on equity of 37.72% and a negative net margin of 22.16%. The firm had revenue of $38.81 million for the quarter, compared to analysts’ expectations of $36.48 million. During the same period in the prior year, the business posted ($0.24) earnings per share. Research analysts predict that Boxlight will post -1.64 EPS for the current year.
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.
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