Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Staar Surgical Co.’s stock clocked out at $47.82, down -0.77% from its previous closing price of $48.19. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 0.56 million shares were traded. STAA stock price reached its highest trading level at $49.13 during the session, while it also had its lowest trading level at $47.77.
Ratios:
To gain a deeper understanding of STAA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.08 and its Current Ratio is at 5.62. 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, Stifel on March 11, 2024, Upgraded its rating to Buy and sets its target price to $50 from $30 previously.
On December 04, 2023, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $35.Morgan Stanley initiated its Equal-Weight rating on December 04, 2023, with a $35 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 14 ’24 when WEISNER AIMEE S bought 1,750 shares for $38.11 per share. The transaction valued at 66,692 led to the insider holds 10,864 shares of the business.
BROADWOOD PARTNERS, L.P. bought 4,042 shares of STAA for $109,570 on Jan 08 ’24. The 10% Owner now owns 10,768,430 shares after completing the transaction at $27.11 per share. On Jan 05 ’24, another insider, BROADWOOD PARTNERS, L.P., who serves as the 10% Owner of the company, bought 156,734 shares for $28.48 each. As a result, the insider paid 4,463,231 and bolstered with 10,764,388 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 2336767232 and an Enterprise Value of 2151204608. As of this moment, Staar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 110.62, and their Forward P/E ratio for the next fiscal year is 52.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.25 while its Price-to-Book (P/B) ratio in mrq is 6.05. Its current Enterprise Value per Revenue stands at 6.672 whereas that against EBITDA is 61.761.
Stock Price History:
Over the past 52 weeks, STAA has reached a high of $73.13, while it has fallen to a 52-week low of $26.66. The 50-Day Moving Average of the stock is 23.56%, while the 200-Day Moving Average is calculated to be 22.84%.
Shares Statistics:
It appears that STAA traded 719.88K shares on average per day over the past three months and 510330 shares per day over the past ten days. A total of 48.84M shares are outstanding, with a floating share count of 48.34M. Insiders hold about 1.07% of the company’s shares, while institutions hold 105.58% stake in the company. Shares short for STAA as of 1711584000 were 5270714 with a Short Ratio of 7.32, compared to 1709164800 on 6044645. Therefore, it implies a Short% of Shares Outstanding of 5270714 and a Short% of Float of 22.309999.
