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The price of Staar Surgical Co (NASDAQ: STAA) closed at $23.33 in the last session, down -4.93% from day before closing price of $24.54. In other words, the price has decreased by -$4.93 from its previous closing price. On the day, 1.1 million shares were traded. STAA stock price reached its highest trading level at $25.36 during the session, while it also had its lowest trading level at $22.4.
Ratios:
We take a closer look at STAA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.51. 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:
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 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 1209228928 and an Enterprise Value of 953274880. As of this moment, Staar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.25, and their Forward P/E ratio for the next fiscal year is 29.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.43 while its Price-to-Book (P/B) ratio in mrq is 2.68. Its current Enterprise Value per Revenue stands at 2.794 whereas that against EBITDA is 28.812.
Stock Price History:
The Beta on a monthly basis for STAA is 0.63, which has changed by -0.27823532 over the last 52 weeks, in comparison to a change of 0.24933672 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 $23.55. The 50-Day Moving Average of the stock is -13.49%, while the 200-Day Moving Average is calculated to be -35.84%.
Shares Statistics:
According to the various share statistics, STAA traded on average about 616.62K shares per day over the past 3-months and 542780 shares per day over the past 10 days. A total of 49.27M shares are outstanding, with a floating share count of 48.96M. Insiders hold about 0.65% of the company’s shares, while institutions hold 98.20% stake in the company. Shares short for STAA as of 1734048000 were 3068485 with a Short Ratio of 4.98, compared to 1731628800 on 2831585. Therefore, it implies a Short% of Shares Outstanding of 3068485 and a Short% of Float of 12.41.
