Wallbox N.V. (NYSE:WBX) Given Average Rating of “Hold” by Brokerages

Shares of Wallbox N.V. (NYSE:WBX) have earned a consensus rating of “Hold” from the six research firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $9.00.

WBX has been the topic of a number of recent research reports. UBS Group set a $4.00 target price on Wallbox and gave the stock a “neutral” rating in a research note on Thursday, December 4th. Canaccord Genuity Group decreased their price objective on Wallbox from $9.00 to $5.00 and set a “buy” rating on the stock in a report on Monday, November 10th.

Wallbox Stock Up 2.0%

Shares of WBX opened at $2.60 on Monday. The company’s 50-day moving average is $2.95 and its 200-day moving average is $4.02. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.89 and a quick ratio of 0.52. Wallbox has a fifty-two week low of $2.30 and a fifty-two week high of $12.30.

Wallbox (NYSE:WBX) last announced its quarterly earnings results on Wednesday, November 5th. The company reported ($0.07) EPS for the quarter. The company had revenue of $41.64 million for the quarter.

Wallbox Company Profile

Wallbox is a global provider of electric vehicle (EV) charging solutions, offering hardware and software designed to simplify and optimize the charging experience for residential, commercial and public applications. The company’s product lineup includes smart home chargers, DC fast chargers for fleet and commercial use, and energy management systems that integrate with solar panels and battery storage. Through its myWallbox software platform, users can remotely monitor and control charging sessions, track energy consumption and set custom charging schedules.

Headquartered in Barcelona, Spain, Wallbox has expanded its operations across Europe, North America, Asia and Australia, establishing regional offices and service centers to support customers and channel partners.