Shares of Boxlight Corp (NASDAQ:BOXL) have received a consensus broker rating score of 2.00 (Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a buy recommendation.
Brokers have set a twelve-month consensus target price of $8.00 for the company and are predicting that the company will post $0.04 EPS for the current quarter, according to Zacks. Zacks has also given Boxlight an industry rank of 163 out of 255 based on the ratings given to related companies.
Several brokerages have commented on BOXL. Taglich Brothers set a $9.00 target price on Boxlight and gave the stock a “buy” rating in a research note on Saturday, June 2nd. Zacks Investment Research downgraded Boxlight from a “hold” rating to a “sell” rating in a research note on Friday, June 1st.
Boxlight (NASDAQ:BOXL) last posted its quarterly earnings results on Thursday, August 16th. The company reported ($0.13) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.14) by $0.01. The company had revenue of $9.66 million during the quarter, compared to analyst estimates of $7.06 million. sell-side analysts predict that Boxlight will post -0.57 earnings per share for the current fiscal year.
Boxlight Company Profile
Boxlight Corporation, a visual display technology company, sells educational products for the learning market in the United States and internationally. The company designs, produces, and distributes a range of interactive classroom technology products primarily targeted at the K-12 education market. Its products include interactive projectors, interactive flat panel displays, interactive touch projectors, touchboards, and MimioTeach that could turn any whiteboard interactive; and accessory document cameras, teacher pads for remote control, and assessment systems.
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