The price of Kopin Corp. (NASDAQ: KOPN) closed at $1.80 in the last session, down -2.70% from day before closing price of $1.85. In other words, the price has decreased by -$0.0500 from its previous closing price. On the day, 938148 shares were traded. KOPN stock price reached its highest trading level at $1.8700 during the session, while it also had its lowest trading level at $1.7700.
Ratios:
We take a closer look at KOPN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.03 and its Current Ratio is at 2.51. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.06.
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 this company, Stifel on June 02, 2023, initiated with a Buy rating and assigned the stock a target price of $3.
On December 16, 2021, H.C. Wainwright Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $6.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 17 ’23 when FAN JOHN C C bought 23,293 shares for $1.35 per share. The transaction valued at 31,446 led to the insider holds 5,531,099 shares of the business.
FAN JOHN C C bought 25,000 shares of KOPN for $31,250 on May 16 ’23. The Director now owns 5,507,806 shares after completing the transaction at $1.25 per share. On May 16 ’23, another insider, BREWINGTON JAMES K, who serves as the Director of the company, bought 5,000 shares for $1.35 each. As a result, the insider paid 6,750 and bolstered with 115,000 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, KOPN now has a Market Capitalization of 213.17M and an Enterprise Value of 198.25M. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.28 while its Price-to-Book (P/B) ratio in mrq is 6.85. Its current Enterprise Value per Revenue stands at 4.91 whereas that against EBITDA is -11.97.
Stock Price History:
Over the past 52 weeks, KOPN has reached a high of $2.82, while it has fallen to a 52-week low of $0.95. The 50-Day Moving Average of the stock is 2.2288, while the 200-Day Moving Average is calculated to be 1.7730.
Shares Statistics:
According to the various share statistics, KOPN traded on average about 2.09M shares per day over the past 3-months and 1.89M shares per day over the past 10 days. A total of 112.25M shares are outstanding, with a floating share count of 110.01M. Insiders hold about 7.11% of the company’s shares, while institutions hold 28.43% stake in the company. Shares short for KOPN as of Mar 15, 2024 were 4.47M with a Short Ratio of 2.15, compared to 3.92M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.78% and a Short% of Float of 4.03%.
Earnings Estimates
The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.04, while EPS last year was -$0.02. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.05 and -$0.05 for the fiscal current year, implying an average EPS of -$0.05. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $9.01M. It ranges from a high estimate of $9.42M to a low estimate of $8.5M. As of the current estimate, Kopin Corp.’s year-ago sales were $10.76M, an estimated decrease of -16.20% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $9.95M, a decrease of -4.90% over than the figure of -$16.20% in the same quarter last year. There is a high estimate of $10.22M for the next quarter, whereas the lowest estimate is $9.5M.
A total of 3 analysts have provided revenue estimates for KOPN’s current fiscal year. The highest revenue estimate was $46.2M, while the lowest revenue estimate was $45M, resulting in an average revenue estimate of $45.49M. In the same quarter a year ago, actual revenue was $40.39M, up 12.60% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $54.62M in the next fiscal year. The high estimate is $54.62M and the low estimate is $54.62M. The average revenue growth estimate for next year is up 20.10% from the average revenue estimate for this year.
