Wallbox (WBX) Set to Announce Earnings on Wednesday

Wallbox (NYSE:WBX) will be issuing its quarterly earnings data before the market opens on Wednesday, November 6th. Parties that are interested in participating in the company’s conference call can do so using this link.

Wallbox Price Performance

Shares of WBX opened at $0.96 on Wednesday. The business has a fifty day moving average of $1.22 and a 200 day moving average of $1.35. Wallbox has a 52-week low of $0.82 and a 52-week high of $2.09. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.68 and a current ratio of 1.16.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Canaccord Genuity Group decreased their target price on Wallbox from $4.00 to $3.25 and set a “buy” rating for the company in a research report on Tuesday, July 9th. Stifel Nicolaus decreased their target price on Wallbox from $4.00 to $3.00 and set a “buy” rating for the company in a research report on Monday, August 12th. Finally, UBS Group decreased their target price on Wallbox from $1.75 to $1.25 and set a “neutral” rating for the company in a research report on Tuesday, October 15th.

Wallbox Company Profile

Wallbox N.V., a technology company, designs, manufactures, and distributes charging solutions for residential, business, and public use worldwide. The company operates in three segments: Europe-Middle East and Asia, North America, and Asia-Pacific. It offers EV charging hardware products, such as Pulsar Plus, Pulsar Plus Socket, Pulsar Max, and Pulsar Pro, an AC smart chargers for home and shared spaces; Commander 2, an AC smart charger for fleets and businesses with a 7-inch touchscreen display that provides a personalized and secure user interface for multiple users; Copper SB, an AC smart charger for fleets and businesses with an integrated socket that makes it compatible with both type 1 and type 2 charging cables; Quasar 2, a DC bi-directional charger for home-use that allows to charge and discharge electric vehicle; Supernova, a DC fast charger equipment designed for public use; and Hypernova that allows to optimize available power and adapt to the number of EVs connected for public charging along highways and transcontinental road networks; as well as Wallbox ABL eM4 Single and Twin chargers and eMC3 charging pole.