Kopin Corp. (NASDAQ:KOPN)’s traded shares stood at 0.89 million during the last session, with the company’s beta value hitting 2.47. At the close of trading, the stock’s price was $1.22, to imply a decrease of -3.17% or -$0.04 in intraday trading. The KOPN share’s 52-week high remains $2.82, putting it -131.15% down since that peak but still an impressive 20.49% since price per share fell to its 52-week low of $0.97. The company has a valuation of $144.48M, with an average of 1.98 million shares over the past 3 months.
Kopin Corp. (NASDAQ:KOPN) trade information
After registering a -3.17% downside in the last session, Kopin Corp. (KOPN) has traded red over the past five days. The stock hit a weekly high of 1.4800, dropping -3.17% in its intraday price action. The 5-day price performance for the stock is -18.12%, and -37.11% over 30 days. With these gigs, the year-to-date price performance is -39.90%.
Kopin Corp. (KOPN) estimates and forecasts
Looking at statistics comparing Kopin Corp. share performance against respective industry, we note that the company has outperformed competitors. Kopin Corp. (KOPN) shares are 5.17% up over the last 6 months, with its year-to-date growth rate higher than industry average at 44.44% against 4.80%. Revenue is forecast to shrink -150.00% this quarter before jumping 33.30% for the next one. The rating firms project that company’s revenue will grow 12.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is $9.01 million. Meanwhile, for the quarter ending Jun 2024, a total of 3 analyst(s) estimate revenue growth to $9.95 million.Earnings reports from the last fiscal year show that sales brought in $10.76 million and $10.46 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -16.20% before dropping -4.90% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 17.43% for the past 5-year period. While 2024 is set for a 38.89% return in earnings, projections for the next 5 years are at 20.00% annually.
KOPN Dividends
Kopin Corp. has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Kopin Corp. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
