In today’s recent session, 0.98 million shares of the Kopin Corp. (NASDAQ:KOPN) have been traded, and its beta is 2.46. Most recently the company’s share price was $1.23, and it changed around -$0.06 or -5.04% from the last close, which brings the market valuation of the company to $145.08M. KOPN at last check was trading at a discount to its 52-week high of $2.82, offering almost -129.27% off that amount. The share price’s 52-week low was $0.97, which indicates that the recent value has risen by an impressive 21.14% since then. We note from Kopin Corp.’s average daily trading volume that its 3-month average coming to 1.99 million.
Kopin Corp. stock received a consensus recommendation rating of Hold, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended KOPN as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Kopin Corp. is expected to report earnings per share of -$0.05 for the current quarter.
Kopin Corp. (NASDAQ:KOPN) trade information
Instantly KOPN has been showing red trend so far today with a performance of -5.04% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -39.66% year-to-date, but still down -10.58% over the last five days. On the other hand, Kopin Corp. (NASDAQ:KOPN) is -35.53% down in the 30-day period.
Kopin Corp. (KOPN) estimates and forecasts
Kopin Corp. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 7.46 percent over the past six months and at a 44.44% annual growth rate that is well above the industry average of 5.70%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -150.00% in revenue this quarter, and will report an increase of 33.30% in the next quarter. The year-over-year growth rate is expected to be 12.60%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of $9.01 million in revenue for the current quarter. 3 analysts expect Kopin Corp. to make $9.95 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $10.76 million and $10.46 million respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -16.20%. Forecasts for the next quarter put sales growth at -4.90%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 17.43%. Kopin Corp. earnings are expected to increase by 38.89% in 2024, but the outlook is positive 20.00% per year for the next five years.
