FY2024 EPS Estimates for Boxlight Reduced by HC Wainwright

Boxlight Co. (NASDAQ:BOXL) – Equities researchers at HC Wainwright lowered their FY2024 earnings per share (EPS) estimates for shares of Boxlight in a report issued on Thursday, November 14th. HC Wainwright analyst S. Buck now expects that the company will post earnings per share of ($1.47) for the year, down from their previous forecast of ($1.26). HC Wainwright has a “Buy” rating and a $1.00 price objective 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 cut shares of Boxlight from a “buy” rating to a “neutral” rating in a report on Thursday, November 14th.

Boxlight Stock Performance

NASDAQ BOXL opened at $0.40 on Monday. The stock has a market cap of $3.93 million, a PE ratio of -0.13 and a beta of 1.32. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.08 and a current ratio of 2.10. The firm has a 50-day moving average of $0.47 and a 200-day moving average of $0.56. Boxlight has a 52-week low of $0.39 and a 52-week high of $1.13.

About Boxlight

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.