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In the latest session, Staar Surgical Co (NASDAQ: STAA) closed at $27.30 down -4.03% from its previous closing price of $28.44. In other words, the price has decreased by -$4.03 from its previous closing price. On the day, 0.58 million shares were traded. STAA stock price reached its highest trading level at $28.7 during the session, while it also had its lowest trading level at $27.27.
Ratios:
For a deeper understanding of Staar Surgical Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.14. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 12 ’24 when Butcher Arthur C bought 1,315 shares for $37.99 per share. The transaction valued at 49,957 led to the insider holds 4,208 shares of the business.
BROADWOOD PARTNERS, L.P. bought 1 shares of STAA for $43 on May 09 ’24. The 10% Owner now owns 10,768,431 shares after completing the transaction at $42.56 per share. On Mar 14 ’24, another insider, WEISNER AIMEE S, who serves as the Director of the company, bought 1,750 shares for $38.11 each. As a result, the insider paid 66,692 and bolstered with 10,864 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 1344985728 and an Enterprise Value of 1148590336. As of this moment, Staar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.30, and their Forward P/E ratio for the next fiscal year is 34.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.94 while its Price-to-Book (P/B) ratio in mrq is 3.14. Its current Enterprise Value per Revenue stands at 3.366 whereas that against EBITDA is 34.715.
Stock Price History:
Over the past 52 weeks, STAA has reached a high of $52.68, while it has fallen to a 52-week low of $26.66. The 50-Day Moving Average of the stock is -13.02%, while the 200-Day Moving Average is calculated to be -27.42%.
Shares Statistics:
For the past three months, STAA has traded an average of 725.39K shares per day and 661370 over the past ten days. A total of 49.28M shares are outstanding, with a floating share count of 48.95M. Insiders hold about 0.67% of the company’s shares, while institutions hold 93.53% stake in the company. Shares short for STAA as of 1730332800 were 2918559 with a Short Ratio of 4.02, compared to 1727654400 on 5058411. Therefore, it implies a Short% of Shares Outstanding of 2918559 and a Short% of Float of 11.799999999999999.
