Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Staar Surgical Co (NASDAQ: STAA) closed at $21.71 up 0.28% from its previous closing price of $21.65. In other words, the price has increased by $0.28 from its previous closing price. On the day, 0.55 million shares were traded. STAA stock price reached its highest trading level at $22.78 during the session, while it also had its lowest trading level at $21.67.
Ratios:
For a deeper understanding of Staar Surgical Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.68. For the most recent quarter (mrq), Quick Ratio is recorded 5.38 and its Current Ratio is at 5.99. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on July 15, 2024, Downgraded its rating to Underweight and sets its target price to $37 from $50 previously.
On June 11, 2024, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $46.
Stifel Upgraded its Hold to Buy on March 11, 2024, whereas the target price for the stock was revised from $30 to $50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 16 ’24 when BROADWOOD PARTNERS, L.P. bought 53,500 shares for $24.24 per share. The transaction valued at 1,297,084 led to the insider holds 10,821,931 shares of the business.
BROADWOOD PARTNERS, L.P. bought 23,000 shares of STAA for $559,493 on Dec 18 ’24. The 10% Owner now owns 10,848,631 shares after completing the transaction at $24.33 per share. On Dec 17 ’24, another insider, BROADWOOD PARTNERS, L.P., who serves as the 10% Owner of the company, bought 3,700 shares for $24.58 each. As a result, the insider paid 90,963 and bolstered with 10,825,631 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STAA now has a Market Capitalization of 1069779712 and an Enterprise Value of 873473856. As of this moment, Staar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.55, and their Forward P/E ratio for the next fiscal year is 28.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.14 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 2.56 whereas that against EBITDA is 26.4.
Stock Price History:
The Beta on a monthly basis for STAA is 0.64, which has changed by -0.2756775 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, STAA has reached a high of $52.68, while it has fallen to a 52-week low of $21.13. The 50-Day Moving Average of the stock is -16.76%, while the 200-Day Moving Average is calculated to be -39.55%.
Shares Statistics:
For the past three months, STAA has traded an average of 628.28K shares per day and 716460 over the past ten days. A total of 49.27M shares are outstanding, with a floating share count of 48.97M. Insiders hold about 0.63% of the company’s shares, while institutions hold 97.63% stake in the company. Shares short for STAA as of 1735603200 were 3535045 with a Short Ratio of 5.63, compared to 1732838400 on 2761325. Therefore, it implies a Short% of Shares Outstanding of 3535045 and a Short% of Float of 14.299999999999999.
