Tate Sullivan, an analyst from Maxim Group, reiterated the Buy rating on Vox Royalty. The associated price target remains the same with $6.00.
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Tate Sullivan’s rating is based on several positive indicators for Vox Royalty. The company reported a higher than expected free cash flow for the second quarter of 2025, which exceeded Sullivan’s estimates. This financial performance, coupled with the company’s maintained guidance for increased royalty revenue in 2025, suggests a strong growth trajectory. Vox Royalty’s ability to repay a significant portion of its debt post-quarter-end also reflects its solid financial management.
Additionally, Sullivan notes that Vox Royalty is poised for future growth with revenue expected from new royalties in the coming years. Despite an ongoing litigation matter, the anticipated costs are not expected to be significant. The company’s strategic focus on expanding its royalty portfolio and increasing dividends further supports the Buy rating, with a price target of $6.00 based on a discounted cash flow analysis of its assets.
Sullivan covers the Industrials sector, focusing on stocks such as United Maritime Corp., Performance Shipping, and Euroseas. According to TipRanks, Sullivan has an average return of -4.5% and a 42.94% success rate on recommended stocks.
In another report released yesterday, BMO Capital also maintained a Buy rating on the stock with a $4.25 price target.