After finishing at $2.44 in the prior trading day, Kopin Corp. (NASDAQ: KOPN) closed at $2.41, down -1.23%. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 691891 shares were traded.
Ratios:
Our goal is to gain a better understanding of KOPN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.26 and its Current Ratio is at 2.82. 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:
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 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 269.07M and an Enterprise Value of 250.63M. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.27 while its Price-to-Book (P/B) ratio in mrq is 7.74. Its current Enterprise Value per Revenue stands at 5.70 whereas that against EBITDA is -15.61.
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 $0.94. The 50-Day Moving Average of the stock is 2.2734, while the 200-Day Moving Average is calculated to be 1.7736.
Shares Statistics:
The stock has traded on average 1.88M shares per day over the past 3-months and 1.31M shares per day over the last 10 days, according to various share statistics. A total of 114.45M shares are outstanding, with a floating share count of 106.30M. Insiders hold about 7.12% of the company’s shares, while institutions hold 29.41% stake in the company. Shares short for KOPN as of Feb 15, 2024 were 3.92M with a Short Ratio of 2.08, compared to 1.84M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.54% and a Short% of Float of 3.80%.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.02, while EPS last year was -$0.06. The consensus estimate for the next quarter is -$0.02, with high estimates of -$0.02 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.12 and -$0.15 for the fiscal current year, implying an average EPS of -$0.13. EPS for the following year is -$0.03, with 2 analysts recommending between -$0.03 and -$0.04.
Revenue Estimates
3 analysts predict $9.03M in revenue for the current quarter. It ranges from a high estimate of $10.37M to a low estimate of $8M. As of the current estimate, Kopin Corp.’s year-ago sales were $12.18M, an estimated decrease of -25.90% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $11.52M, an increase of 7.10% over than the figure of -$25.90% in the same quarter last year. There is a high estimate of $11.93M for the next quarter, whereas the lowest estimate is $11.12M.
A total of 3 analysts have provided revenue estimates for KOPN’s current fiscal year. The highest revenue estimate was $42.19M, while the lowest revenue estimate was $38.9M, resulting in an average revenue estimate of $40.54M. In the same quarter a year ago, actual revenue was $47.4M, down -14.50% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $47.41M in the next fiscal year. The high estimate is $48.92M and the low estimate is $45M. The average revenue growth estimate for next year is up 16.90% from the average revenue estimate for this year.
