Zagg Inc (ZAGG) shares are up $0.85 to $7.44 in after-hours trading Tuesday after the company reported its fourth quarter earnings results.
The firm reported earnings of $0.49 per share on revenues of $102.40 million, up 53% from a year ago. Analysts were expecting EPS of $0.38 on revenues of $93.08 million.
For FY 2015, the company issued revenue projection of $263.27 million, compared to the consensus revenue estimate of $260-$270 million.
On valuation measures, ZAGG Inc. shares, which currently have an average 3-month trading volume of 253,743 shares, trade at a forward P/E of 13.45 and a P/E to growth ratio of 2.14. The median Wall Street price target on the name is $7.50 with a high target of $9.25. Currently ticker boasts 2 ‘Buy’ endorsements, compared to 3 ’Holds’ and no ‘Sell’.
Profitability-wise, ZAGG has a t-12 profit and operating margin of (2.03%) and 6.59%, respectively. The $199.90 million market cap company reported $7.10 million in cash vs. $813.00K in debt in its most recent quarter.
ZAGG currently prints a one year return of about 55.45%, and a year-to-date loss of around 3.40%.
The chart below shows where the equity has traded over the last 52 weeks.
ZAGG Inc. is a Salt Lake City, Utah-based designer and producer of mobile accessory solutions.