HC Wainwright Reduces Earnings Estimates for Boxlight

Boxlight Co. (NASDAQ:BOXL) – Investment analysts at HC Wainwright dropped their FY2024 earnings estimates for shares of Boxlight in a research note issued to investors on Thursday, November 14th. HC Wainwright analyst S. Buck now anticipates that the company will post earnings per share of ($1.47) for the year, down from their previous forecast of ($1.26). HC Wainwright currently has a “Buy” rating and a $1.00 price target on the stock. The consensus estimate for Boxlight’s current full-year earnings is ($1.47) per share. HC Wainwright also issued estimates for Boxlight’s FY2025 earnings at ($1.20) EPS.

Separately, Alliance Global Partners lowered Boxlight from a “buy” rating to a “neutral” rating in a research note on Thursday.

Boxlight Trading Down 18.0 %

NASDAQ:BOXL opened at $0.41 on Monday. The company has a market capitalization of $4.04 million, a P/E ratio of -0.13 and a beta of 1.32. The company has a current ratio of 2.21, a quick ratio of 1.23 and a debt-to-equity ratio of 4.96. Boxlight has a 12 month low of $0.41 and a 12 month high of $1.16. The firm has a fifty day simple moving average of $0.47 and a 200-day simple moving average of $0.56.

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.