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Staar Surgical Co. (NASDAQ: STAA) closed the day trading at $43.15 down -3.08% from the previous closing price of $44.52. In other words, the price has decreased by -$3.08 from its previous closing price. On the day, 0.57 million shares were traded. STAA stock price reached its highest trading level at $44.78 during the session, while it also had its lowest trading level at $42.96.
Ratios:
For a better understanding of STAA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 101.53. For the most recent quarter (mrq), Quick Ratio is recorded 5.22 and its Current Ratio is at 5.84. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
On March 11, 2024, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $30 to $50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 09 ’24 when BROADWOOD PARTNERS, L.P. bought 1 shares for $42.56 per share. The transaction valued at 43 led to the insider holds 10,768,431 shares of the business.
WEISNER AIMEE S bought 1,750 shares of STAA for $66,692 on Mar 14 ’24. The Director now owns 10,864 shares after completing the transaction at $38.11 per share. On Jan 08 ’24, another insider, BROADWOOD PARTNERS, L.P., who serves as the 10% Owner of the company, bought 4,042 shares for $27.11 each. As a result, the insider paid 109,570 and bolstered with 10,768,430 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 2117796096 and an Enterprise Value of 1907911424. As of this moment, Staar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 139.51, and their Forward P/E ratio for the next fiscal year is 54.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.50 while its Price-to-Book (P/B) ratio in mrq is 5.40. Its current Enterprise Value per Revenue stands at 5.848 whereas that against EBITDA is 63.852.
Stock Price History:
Over the past 52 weeks, STAA has reached a high of $58.82, while it has fallen to a 52-week low of $26.66. The 50-Day Moving Average of the stock is 0.15%, while the 200-Day Moving Average is calculated to be 14.35%.
Shares Statistics:
Over the past 3-months, STAA traded about 619.31K shares per day on average, while over the past 10 days, STAA traded about 837250 shares per day. A total of 48.84M shares are outstanding, with a floating share count of 48.74M. Insiders hold about 0.80% of the company’s shares, while institutions hold 98.13% stake in the company. Shares short for STAA as of 1718323200 were 4098853 with a Short Ratio of 6.62, compared to 1715731200 on 4249694. Therefore, it implies a Short% of Shares Outstanding of 4098853 and a Short% of Float of 16.68.
