VOXX International Corporation (VOXX) Earning Somewhat Positive Press Coverage, Accern Reports

Headlines about VOXX International Corporation (NASDAQ:VOXX) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. VOXX International Corporation earned a news impact score of 0.06 on Accern’s scale. Accern also gave press coverage about the auto parts company an impact score of 48.4783177961677 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

VOXX International Corporation (NASDAQ:VOXX) last released its quarterly earnings results on Tuesday, October 10th. The auto parts company reported ($0.74) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.73). The firm had revenue of $113.50 million during the quarter, compared to analysts’ expectations of $163.00 million. VOXX International Corporation had a negative return on equity of 3.77% and a net margin of 3.10%. The business’s quarterly revenue was down 4.1% on a year-over-year basis. During the same quarter last year, the business earned $0.12 earnings per share.

Several equities research analysts have recently commented on the company. Zacks Investment Research upgraded VOXX International Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, September 19th. Cowen and Company reaffirmed a “hold” rating and set a $7.00 target price on shares of VOXX International Corporation in a research report on Friday, July 14th.

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About VOXX International Corporation

VOXX International Corporation is an international manufacturer and distributor in the automotive, audio and consumer accessories industries. The Company’s segments include Automotive, Premium Audio and Consumer Accessories. The Automotive segment designs, manufactures, distributes and markets rear-seat entertainment devices, satellite radio products, remote start systems, digital television tuners, mobile antennas, mobile multimedia devices, car link-smartphone telematics application, collision avoidance systems and others.

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