Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Kopin Corp. (NASDAQ: KOPN) was $0.78 for the day, down -3.62% from the previous closing price of $0.81. In other words, the price has decreased by -$3.62 from its previous closing price. On the day, 3.61 million shares were traded. KOPN stock price reached its highest trading level at $0.8999 during the session, while it also had its lowest trading level at $0.7706.
Ratios:
Our analysis of KOPN’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 92823864 and an Enterprise Value of 76391552. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.30 while its Price-to-Book (P/B) ratio in mrq is 2.98. Its current Enterprise Value per Revenue stands at 1.891 whereas that against EBITDA is -4.61.
Stock Price History:
The Beta on a monthly basis for KOPN is 2.54, which has changed by -0.2352941 over the last 52 weeks, in comparison to a change of 0.22363698 over the same period for the S&P500. Over the past 52 weeks, KOPN has reached a high of $2.82, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -59.93%, while the 200-Day Moving Average is calculated to be -54.16%.
Shares Statistics:
KOPN traded an average of 2.35M shares per day over the past three months and 3558180 shares per day over the past ten days. A total of 112.25M shares are outstanding, with a floating share count of 110.36M. Insiders hold about 6.82% of the company’s shares, while institutions hold 28.28% stake in the company. Shares short for KOPN as of 1713139200 were 3451123 with a Short Ratio of 1.47, compared to 1710460800 on 4474748. Therefore, it implies a Short% of Shares Outstanding of 3451123 and a Short% of Float of 3.11.
Earnings Estimates
The market rating of Kopin Corp. (KOPN) is currently shaped by the ongoing analysis conducted by 3.0 analysts closely monitoring its performance.On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.06, while EPS last year was -$0.02. The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.03 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.05 and -$0.17 for the fiscal current year, implying an average EPS of -$0.1. EPS for the following year is $0.01, with 1.0 analysts recommending between $0.01 and $0.01.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. 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 $10.76MFor the next quarter, 3 analysts are estimating revenue of $9.95M. 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 $40.39MBased 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.
