Professional
Added to YB: 2024-10-10
Pitch date: 2024-10-09
VOXX [bullish]
VOXX International Corporation
+17.17%
current return
Author Info
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Company Info
VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally.
Market Cap
$171.9M
Pitch Price
$6.23
Price Target
10.00 (+37%)
Dividend
N/A
Sector
Household Durables
Category
special_situation
ASB Partners Portfolio Holding: VOXX International Corporation
VOXX: Gentex offered $5.50/share (50% premium) for VOXX, acquired 27% stake. Interested in EyeLock's iris biometrics for auto integration. Likely higher offer coming. Turnaround underway with asset sales, deleveraging. $10/share potential based on recent transactions. Asymmetric upside from $6.30, floor at $5.50.
Read full article (4 min)