Kopin Corp (NASDAQ:KOPN) has a beta value of 2.75 and has seen 1.28 million shares traded in the last trading session. The company, currently valued at $194.52M, closed the last trade at $1.18 per share which meant it gained $0.09 on the day or 8.26% during that session. The KOPN stock price is -138.98% off its 52-week high price of $2.82 and 52.54% above the 52-week low of $0.56. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.27 million shares traded. The 3-month trading volume is 1.38 million shares.
The consensus among analysts is that Kopin Corp (KOPN) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.01.
Kopin Corp (NASDAQ:KOPN) trade information
Sporting 8.26% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the KOPN stock price touched $1.18 or saw a rise of 3.28%. Year-to-date, Kopin Corp shares have moved -41.87%, while the 5-day performance has seen it change 2.61%. Over the past 30 days, the shares of Kopin Corp (NASDAQ:KOPN) have changed 32.14%. Short interest in the company has seen 2.2 million shares shorted with days to cover at 3.16.
Kopin Corp (KOPN) estimates and forecasts
Figures show that Kopin Corp shares have underperformed across the wider relevant industry. The company’s shares have gained 67.42% over the past 6 months, with this year growth rate of -94.44%, compared to 7.70% for the industry. Revenue growth from the last financial year stood is estimated to be 19.72%.
4 analysts offering their estimates for the company have set an average revenue estimate of 12.77M for the current quarter. 2 have an estimated revenue figure of 12.3M for the next ending quarter. Year-ago sales stood 8.58M and 10.03M respectively for this quarter and the next, and analysts expect sales will grow by 48.86% for the current quarter and 19.72% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 17.43% over the past 5 years. Earnings growth for 2024 is a modest -90.28% while over the next 5 years, the company’s earnings are expected to increase by 20.00%.
KOPN Dividends
Kopin Corp is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Kopin Corp (NASDAQ:KOPN)’s Major holders
Insiders own 8.64% of the company shares, while shares held by institutions stand at 19.02% with a share float percentage of 20.82%. Investors are also buoyed by the number of investors in a company, with Kopin Corp having a total of 100.0 institutions that hold shares in the company. The top two institutional holders are AWM INVESTMENT COMPANY, INC. with over 5.34 million shares worth more than $4.48 million. As of 2024-06-30, AWM INVESTMENT COMPANY, INC. held 4.4447% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 5.22 million shares as of 2024-06-30. The firm’s total holdings are worth over $4.38 million and represent 4.3436% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Royce Small-Cap Opportunity Fund . As of Sep 30, 2024 , the former fund manager holds about 2.15% shares in the company for having 3.42 shares of worth $4.03 million while later fund manager owns 2.7 shares of worth $3.18 million as of Sep 30, 2024 , which makes it owner of about 1.70% of company’s outstanding stock.
