Shares of Boxlight Corp (NASDAQ:BOXL) have earned an average broker rating score of 2.00 (Buy) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a buy recommendation.
Analysts have set a one year consensus target price of $8.00 for the company and are expecting that the company will post $0.04 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Boxlight an industry rank of 103 out of 255 based on the ratings given to related companies.
Separately, Zacks Investment Research downgraded Boxlight from a “buy” rating to a “hold” rating in a research report on Monday, August 13th.
Boxlight (NASDAQ:BOXL) last released its quarterly earnings results on Thursday, August 16th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.01. The company had revenue of $9.66 million for the quarter, compared to analysts’ expectations of $7.06 million. On average, analysts forecast that Boxlight will post -0.57 EPS 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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