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VUZI

VUZI - Vuzix Corp Stock Price, Fair Value and News

1.27USD+0.06 (+4.96%)Delayed as of 22 Apr 2024, 11:05 am ET

Market Summary

VUZI
USD1.27+0.06
Delayedas of 22 Apr 2024, 11:05 am
4.96%

VUZI Alerts

  • 1 major insider buys recently.

VUZI Stock Price

View Fullscreen

VUZI RSI Chart

VUZI Valuation

Market Cap

78.3M

Price/Earnings (Trailing)

-1.56

Price/Sales (Trailing)

6.46

EV/EBITDA

-1.12

Price/Free Cashflow

-2.48

VUZI Price/Sales (Trailing)

VUZI Profitability

Operating Margin

-21.73%

EBT Margin

-413.47%

Return on Equity

-62.07%

Return on Assets

-58.21%

Free Cashflow Yield

-40.35%

VUZI Fundamentals

VUZI Revenue

Revenue (TTM)

12.1M

Rev. Growth (Yr)

-63.18%

Rev. Growth (Qtr)

-51.06%

VUZI Earnings

Earnings (TTM)

-50.1M

Earnings Growth (Yr)

-84.78%

Earnings Growth (Qtr)

-81.01%

Breaking Down VUZI Revenue

52 Week Range

1.216.06
(Low)(High)

Last 7 days

-2.4%

Last 30 days

-10.4%

Last 90 days

-27.7%

Trailing 12 Months

-69.3%

How does VUZI drawdown profile look like?

VUZI Financial Health

Current Ratio

7.96

Debt/Equity

0.02

Debt/Cashflow

-14.69

VUZI Investor Care

Shares Dilution (1Y)

2.22%

Diluted EPS (TTM)

-0.78

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202313.5M15.2M14.0M12.1M
202211.8M11.8M12.3M11.8M
202114.0M13.8M14.1M13.2M
20206.8M7.7M9.3M11.6M
20197.9M7.5M6.7M6.7M
20185.9M7.2M7.7M8.1M
20173.0M3.7M4.6M5.5M
20162.3M2.4M2.0M2.1M
20153.0M2.7M3.1M2.7M
20142.4M2.5M2.8M3.0M
20132.9M2.9M2.5M2.4M
20126.6M4.9M4.4M3.2M
201114.3M14.7M13.2M9.6M
2010012.0M12.1M12.3M
200900011.9M

Tracking the Latest Insider Buys and Sells of Vuzix Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 18, 2024
travers paul j
bought
10,062
1.34163
7,500
president and ceo
Nov 15, 2023
travers paul j
bought
19,274
2.5699
7,500
president and ceo
Aug 16, 2023
kay edward william jr.
bought
42,300
4.23
10,000
-
Jul 10, 2023
kay edward william jr.
acquired
-
-
19,305
-
Jul 10, 2023
rajgopal raj
acquired
-
-
19,305
-
Jul 10, 2023
harned timothy heydenreich
acquired
-
-
19,305
-
Jul 10, 2023
green emily nagle
acquired
-
-
19,305
-
Jul 10, 2023
arvani azita
acquired
-
-
19,305
-
May 16, 2023
harned timothy heydenreich
bought
9,538
3.8155
2,500
-
Mar 14, 2023
travers paul j
bought
9,895
3.8699
2,557
president and ceo

1–10 of 50

Which funds bought or sold VUZI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 18, 2024
ARK Investment Management LLC
reduced
-10.31
-5,811,530
6,308,710
0.04%
Apr 18, 2024
MV CAPITAL MANAGEMENT, INC.
unchanged
-
-840
1,162
-%
Apr 16, 2024
Keel Point, LLC
sold off
-100
-27,186
-
-%
Apr 15, 2024
Sound Income Strategies, LLC
reduced
-90.91
-65,175
3,630
-%
Apr 11, 2024
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC
unchanged
-
-13,868
19,179
-%
Apr 11, 2024
West Financial Advisors, LLC
unchanged
-
-88.00
121
-%
Apr 11, 2024
SALEM INVESTMENT COUNSELORS INC
unchanged
-
-306
424
-%
Apr 09, 2024
Nalls Sherbakoff Group, LLC
unchanged
-
-154
209
-%
Apr 05, 2024
CWM, LLC
added
7.91
-
-
-%
Apr 05, 2024
NBC SECURITIES, INC.
unchanged
-
-2,000
3,000
-%

1–10 of 44

Are Funds Buying or Selling VUZI?

Are funds buying VUZI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own VUZI
No. of Funds

Unveiling Vuzix Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
5.16%
3,267,633
SC 13G/A
Jan 29, 2024
ark investment management llc
9.18%
5,813,065
SC 13G/A
Jan 26, 2024
blackrock inc.
7.6%
4,781,259
SC 13G/A
Jan 22, 2024
state street corp
1.89%
1,195,855
SC 13G/A
Jul 10, 2023
ark investment management llc
10.16%
6,425,119
SC 13G/A
Feb 10, 2023
ark investment management llc
10.15%
6,471,315
SC 13G/A
Feb 09, 2023
vanguard group inc
5.03%
3,204,553
SC 13G
Feb 07, 2023
state street corp
5.48%
3,495,529
SC 13G/A
Feb 01, 2023
blackrock inc.
6.3%
4,024,678
SC 13G/A
Feb 10, 2022
state street corp
4.81%
3,062,499
SC 13G/A

Recent SEC filings of Vuzix Corp

View All Filings
Date Filed Form Type Document
Apr 19, 2024
8-K
Current Report
Apr 18, 2024
4
Insider Trading
Apr 15, 2024
10-K
Annual Report
Apr 01, 2024
NT 10-K
NT 10-K
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
S-3
S-3
Jan 29, 2024
SC 13G/A
Major Ownership Report
Jan 26, 2024
SC 13G/A
Major Ownership Report
Jan 22, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to Vuzix Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.5T
385.7B
-7.69% -1.03%
25.24
6.6
-0.47% 6.03%
66.1B
12.6B
-1.70% 42.82%
34.29
5.27
-0.54% 1.35%
27.9B
6.1B
-7.46% 19.85%
32.25
4.6
4.11% 14.65%
26.7B
12.6B
-4.35% -8.03%
44.49
2.12
-11.28% -55.18%
11.4B
29.4B
-0.11% 30.32%
15.15
0.39
-1.12% -8.06%
MID-CAP
6.6B
837.5M
-6.54% -20.52%
58.3
7.88
-16.75% -47.46%
6.5B
33.1B
2.42% 7.82%
7.24
0.2
-10.82% -36.63%
5.2B
740.8M
12.10% 32.38%
50.71
7
25.07% 42.99%
4.2B
25.6B
-0.62% 12.64%
6.29
0.16
-2.73% -21.96%
2.6B
968.8M
-0.16% 3.23%
28
2.69
9.35% 8.73%
SMALL-CAP
1.7B
2.9B
-3.78% 47.10%
19.89
0.58
-8.78% -6.67%
1.1B
2.8B
3.57% 35.56%
16.48
0.37
-1.64% -5.74%
262.2M
1.0B
-26.61% -62.25%
-4.93
0.26
-8.05% -284.36%
33.5M
56.7M
-18.25% 45.45%
-3.8
0.59
-41.04% -726.48%
26.4M
27.6M
-0.54% -30.94%
19.28
0.96
3.62% -35.71%

Vuzix Corp News

Latest updates
News Channel Nebraska • 6 hours ago
Seeking Alpha • 15 Apr 2024 • 11:31 pm
MarketBeat • 12 Apr 2024 • 07:06 am
InvestorsObserver • 28 Mar 2024 • 07:00 am
InvestorPlace • 27 Feb 2024 • 08:00 am
Seeking Alpha • 4 months ago
Investing.com • 5 months ago

Vuzix Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-51.1%1,067,0002,180,0074,690,8354,191,0002,898,0003,426,8233,007,7582,503,0003,314,0003,019,0002,917,0003,915,0004,233,0002,779,0003,037,0001,532,0001,953,0001,159,0002,186,0001,373,0001,979,000
Cost Of Revenue119.7%5,312,5142,417,5513,718,4493,315,3553,024,4222,558,6022,742,3492,027,3833,533,1892,622,8122,337,1662,835,7984,860,6652,430,7512,240,9231,451,1996,321,0831,390,3392,033,8221,333,4811,679,426
Gross Profit-1687.0%-4,245,000-237,544972,386876,006-126,000868,221265,409475,668-12,000363,000359,000860,000371,00016,000464,000-252,000-4,369,000-231,000152,00040,000300,000
Operating Expenses44.4%16,168,58111,195,00010,580,01811,723,21111,725,82810,833,62110,266,39010,889,56011,096,02710,767,8249,786,66810,165,5564,175,6745,096,1945,033,7945,419,7595,256,7245,290,4085,221,4336,389,5575,912,051
  S&GA Expenses70.6%4,830,1882,832,0312,509,9222,539,6592,203,4831,980,7481,850,5952,023,4351,813,2971,653,0131,349,1891,303,4301,153,901936,206796,8571,152,8081,198,922775,975822,7491,417,966775,849
  R&D Expenses20.9%3,520,6232,912,5622,836,5523,069,7973,136,4163,440,6852,996,1443,103,4443,348,5243,397,1182,723,9942,205,3181,874,5051,874,2431,796,2682,023,0582,060,8312,336,7781,987,1292,516,1003,255,373
EBITDA Margin-42.2%-3.82-2.69-2.40-2.81-3.29-3.29-3.52-3.47-2.97-2.27-1.87-1.49-1.45--------
Interest Expenses---------------------204
Income Taxes----------------------
Earnings Before Taxes-81.0%-19,880,566-10,983,008-9,044,920-10,240,583-10,758,905-9,476,999-10,021,668-10,506,001-11,492,770-10,487,548-9,245,472-9,151,370-3,591,072-4,760,810-4,238,666-5,361,624-9,583,985-5,476,690-5,055,934-6,359,761-5,563,861
EBT Margin-40.7%-4.13-2.94-2.60-2.99-3.44-3.39-3.59-3.55-3.07-2.31-1.93-1.56-1.55--------
Net Income-81.0%-19,880,000-10,983,008-9,044,920-10,240,583-10,759,000-9,476,999-10,021,668-10,506,001-11,493,000-10,488,000-9,245,000-9,151,000-3,590,000-4,761,000-4,239,000-5,362,000-9,583,000-5,477,000-5,056,000-6,360,000-5,564,000
Net Income Margin-40.7%-4.13-2.94-2.60-2.99-3.44-3.39-3.59-3.55-3.07-2.31-1.93-1.56-1.55--------
Free Cashflow11.5%-7,858,863-8,882,224-8,410,525-6,449,695-3,105,767-8,617,097-8,029,003-6,492,837-8,287,548-8,674,264-7,591,257-6,236,610-2,733,210--------
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-14.7%86,148100,988110,563122,473132,313138,758145,895140,350148,467155,467159,709151,45352,47142,05531,10223,02828,44636,35023,00628,41235,134
  Current Assets-30.4%41,50059,61068,32179,91191,241109,011116,941129,497137,150143,988151,035144,08945,05534,21722,92314,30719,07428,04714,42319,65527,383
    Cash Equivalents-30.2%26,55638,04948,58263,23672,56490,374100,582113,330120,204128,747137,604132,72236,07024,93913,2296,14310,60615,6413,36010,08617,264
  Inventory-20.4%9,00011,30210,87010,86211,26812,22911,79212,55912,1529,8807,8846,9596,1016,5636,2565,6685,7088,8098,4288,1107,282
  Net PPE14.5%8,0737,0506,8146,1403,8799,5248,0515,0425,1905,3392,9022,7142,8373,2173,5023,8804,3284,5984,6154,5174,292
  Goodwill-100.0%-1,6011,6011,6011,601----------------
Liabilities0.8%5,3545,3127,02413,09315,58313,15014,3593,3944,7394,3383,9664,5174,1685,0464,9683,9394,2062,7573,2153,9024,677
  Current Liabilities1.4%5,2165,1446,82512,86415,2778,2187,7912,9404,1563,6503,1293,5753,0953,2582,8142,4992,6352,7253,0513,5754,677
  Long Term Debt--------------1,7882,154-1,571----
    LT Debt, Current--------------945684------
    LT Debt, Non Current--------------611872------
Shareholder's Equity-15.6%80,79495,676103,539109,379116,730125,609131,536136,956143,728151,129155,742146,93648,30337,00926,13419,08924,24033,59319,79024,51130,457
  Retained Earnings-7.3%-293,984-274,104-263,121-254,076-243,835-233,076-223,599-213,578-203,072-191,579-181,091-171,846-162,694-159,103-154,343-150,104-144,742-135,158-129,682-124,626-118,266
  Additional Paid-In Capital1.3%377,190372,192369,073365,868362,508358,873355,323350,721346,736342,645336,771318,720210,952196,070180,438169,160168,950168,719149,445149,109148,696
Shares Outstanding2.2%64,72563,32863,31963,20863,31963,77663,71863,69563,67260,27958,63154,142---------
Float---299,000---409,000---1,082,000---83,000---97,000--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations23.7%-6,144-8,047-7,920-4,164-6,585-6,918-4,581-6,435-8,070-5,800-7,187-5,921-2,704-2,388-4,672-4,198-4,303-6,368-5,808-5,874-4,608
  Share Based Compensation-11.6%2,9143,2972,8333,6683,7593,8163,8814,3204,4724,1694,0434,6187971,077639282297330382490541
Cashflow From Investing-114.7%-5,349-2,491-6,747-4,692-9,479-3,288-8,185-217-512-3,101-588-650-322-518-379-264-730-205-917-1,303-1,600
Cashflow From Financing-100.0%-7.0015.00-470-1,745-19.00-22140.0045.0012,657103,22514,15814,617---18,855---
  Buy Backs----471---251-------------

VUZI Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Sales:   
Total Sales$ 12,129,139$ 11,835,882$ 13,164,933
Cost of Sales:   
Cost of Sales - Depreciation and Amortization886,117799,3171,321,467
Total Cost of Sales14,763,86910,352,75611,596,443
Gross Profit (Loss)(2,634,730)1,483,1261,568,490
Operating Expenses:   
Research and Development12,339,53412,676,68811,674,954
Selling and Marketing12,711,8008,078,5386,118,929
General and Administrative18,592,18521,038,56222,502,833
Depreciation and Amortization3,844,4281,788,584988,104
Loss on Goodwill and Other Intangible Asset Impairment2,136,993  
Loss on Fixed Asset Disposal035,350183,614
Impairment of Patents and Trademarks41,86997,67580,163
Total Operating Expenses49,666,80943,715,39741,548,597
Loss From Operations(52,301,539)(42,232,271)(39,980,107)
Other Income (Expense):   
Investment Income2,219,2261,395,57953,511
Income and Other Taxes(230,973)(212,997)(307,368)
Foreign Exchange Loss(44,062)(180,589)(143,196)
Utility Improvement Refund/Employee Retention Credit Refund208,271466,705 
Total Other Income, Net2,152,4621,468,698(397,053)
Loss Before Provision for Income Taxes(50,149,077)(40,763,573)(40,377,160)
Provision for Income Taxes
Net Loss$ (50,149,077)$ (40,763,573)$ (40,377,160)
Basic Loss per Common Share$ (0.79)$ (0.64)$ (0.66)
Diluted Loss per Common Share$ (0.79)$ (0.64)$ (0.66)
Weighted-average Shares Outstanding - Basic63,432,42263,708,98661,125,215
Weighted-average Shares Outstanding - Diluted63,432,42263,708,98661,125,215
Sales of Products   
Sales:   
Total Sales$ 10,760,352$ 10,505,763$ 12,784,600
Cost of Sales:   
Cost of Goods and Services Sold8,839,2798,737,8529,709,268
Inventory Reserve for Obsolescence   
Cost of Sales:   
Cost of Goods and Services Sold4,358,062290,405519,950
Sales of Engineering Services   
Sales:   
Total Sales1,368,7871,330,119380,333
Cost of Sales:   
Cost of Goods and Services Sold$ 680,411$ 525,182$ 45,758

VUZI Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current Assets  
Cash and Cash Equivalents$ 26,555,592$ 72,563,943
Accounts Receivable, net of allowance for credit losses of $1,574,000 and $0 in 2023 and 2022, respectively3,827,6863,558,971
Accrued Revenues in Excess of Billings165,771269,129
Utility Improvement Refund/Employee Retention Credit Receivable208,271466,705
Inventories, Net9,000,43011,267,969
Manufacturing Vendor Prepayments403,801998,671
Prepaid Expenses and Other Assets1,338,8601,506,697
Total Current Assets41,500,41190,632,085
Long-Term Assets  
Fixed Assets, Net8,072,8303,878,505
Operating Lease Right-of-Use Asset301,185956,165
Patents and Trademarks, Net2,627,0182,220,094
Technology Licenses, Net26,851,00130,158,689
Intangible Asset, Net 675,313
Goodwill 1,601,400
Cost Method Investment in Atomistic5,784,126 
Other Assets, Net1,011,111950,000
Total Assets86,147,681131,072,251
Current Liabilities  
Accounts Payable1,570,6301,211,747
Unearned Revenue18,83929,064
Accrued Expenses2,416,4431,670,539
Licensing Fees Commitment1,000,00011,500,000
Income and Other Taxes Payable46,727214,997
Operating Lease Right-of-Use Liability163,513651,011
Total Current Liabilities5,216,15215,277,358
Long-Term Liabilities  
Operating Lease Right-of-Use Liability137,672305,154
Total Liabilities5,353,82415,582,512
Stockholders' Equity  
Common Stock - $0.001 Par Value, 100,000,000 shares authorized; 65,304,780 shares issued and 64,725,108 shares outstanding as of December 31, 2023 and 63,783,779 shares issued and 63,319,107 shares outstanding as of December 31, 2022.65,30463,783
Additional Paid-in Capital377,189,847361,267,416
Accumulated Deficit(293,984,793)(243,835,716)
Treasury Stock, at cost, 579,672 shares as of December 31, 2023 and 464,672 shares as of December 31, 2022.(2,476,501)(2,005,744)
Total Stockholders' Equity80,793,857115,489,739
Total Liabilities and Stockholders' Equity$ 86,147,681$ 131,072,251
VUZI
Vuzix Corporation, together with its subsidiaries, designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets in North America, Europe, the Asia-Pacific, and internationally. It provides M400, and M4000 series of smart glasses for enterprise, industrial, commercial, and medical markets; Vuzix Blade smart glasses; waveguide optics and related coupling optics; Vuzix Shield smart glasses; Vuzix Ultralite smart glasses; and Mobilium logistics mobility software, which removes traditional middleware and supports various ERP systems, as well as custom and engineering solutions. The company sells its products through resellers, distributors, direct to commercial customers, and online stores, as well as various Vuzix operated web stores in the United States, Europe, and Japan. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in September 2007. Vuzix Corporation was incorporated in 1997 and is headquartered in West Henrietta, New York.
 CEO
 WEBSITEvuzix.com
 INDUSTRYConsumer Electronics
 EMPLOYEES109

Vuzix Corp Frequently Asked Questions


What is the ticker symbol for Vuzix Corp? What does VUZI stand for in stocks?

VUZI is the stock ticker symbol of Vuzix Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Vuzix Corp (VUZI)?

As of Fri Apr 19 2024, market cap of Vuzix Corp is 78.32 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VUZI stock?

You can check VUZI's fair value in chart for subscribers.

What is the fair value of VUZI stock?

You can check VUZI's fair value in chart for subscribers. The fair value of Vuzix Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Vuzix Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VUZI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Vuzix Corp a good stock to buy?

The fair value guage provides a quick view whether VUZI is over valued or under valued. Whether Vuzix Corp is cheap or expensive depends on the assumptions which impact Vuzix Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VUZI.

What is Vuzix Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, VUZI's PE ratio (Price to Earnings) is -1.56 and Price to Sales (PS) ratio is 6.46. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VUZI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Vuzix Corp's stock?

In the past 10 years, Vuzix Corp has provided -0.086 (multiply by 100 for percentage) rate of return.