CompX International Inc. (CIX) Issues Earnings Results

CompX International Inc. (NYSE:CIX) released its quarterly earnings results on Wednesday. The company reported $0.20 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. CompX International had a net margin of 11.01% and a return on equity of 10.22%. The firm had revenue of $27.00 million for the quarter.

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A hedge fund recently raised its stake in CompX International stock. Vanguard Group Inc. grew its position in CompX International Inc. (NYSE:CIX) by 2.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,747 shares of the company’s stock after acquiring an additional 258 shares during the quarter. Vanguard Group Inc. owned about 0.09% of CompX International worth $164,000 at the end of the most recent reporting period.

Separately, BMO Capital Markets reaffirmed a “hold” rating and set a $29.00 target price on shares of CompX International in a research note on Sunday, September 17th.

About CompX International

CompX International Inc is a manufacturer of security products used in the recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare and other industries, and stainless steel exhaust systems, gauges and throttle controls for the recreational marine industry.

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