Professional
Added to YB: 2024-09-24
Pitch date: 2024-09-24
VOXX [neutral]
VOXX International Corporation
+20.97%
current return
Author Info
Special Situation Investments focuses on event-driven trades and low risk arbitrage opportunities with short term catalysts. Sign up for the newsletter.
Company Info
VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally.
Market Cap
$169.0M
Pitch Price
$6.20
Price Target
9.70 (+29%)
Dividend
N/A
EV/EBITDA
-6.67
P/E
-2.42
EV/Sales
0.35
Sector
Household Durables
Category
special_situation
VOXX International: Strategic Review Sparks Sale Potential Amid Shareholder Maneuvers
VOXX: Strategic review ongoing, GNTX bid $5.50/share rejected. GNTX now owns 32%. Potential sale likely in months. Upside to $9.70/share based on $30M EBITDA, 8x multiple. Klipsch business valuable. Risks: founder control, cyclical nature, weak visibility, 70% price rise post-review, large shareholder sold at $5.
Read full article (2 min)