Do You Still Have A Reason To Buy Kopin Corp (NASDAQ: KOPN) After A 10.16% Jump In The Last Week?

During the recent session, Kopin Corp (NASDAQ:KOPN)’s traded shares were 0.92 million, with the beta value of the company hitting 2.70. At the last check today, the stock’s price was $1.41, reflecting an intraday gain of 3.68% or $0.05. The 52-week high for the KOPN share is $2.82, that puts it down -100.0 from that peak though still a striking 60.28% gain since the share price plummeted to a 52-week low of $0.56. The company’s market capitalization is $223.91M, and the average intraday trading volume over the past 10 days was 2.85 million shares, and the average trade volume was 1.33 million shares over the past three months.

Kopin Corp (KOPN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. KOPN has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.01.

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Kopin Corp (NASDAQ:KOPN) trade information

Kopin Corp (KOPN) registered a 3.68% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.68% in intraday trading to $1.41, hitting a weekly high. The stock’s 5-day price performance is 10.16%, and it has moved by 20.51% in 30 days. Based on these gigs, the overall price performance for the year is -31.22%. The short interest in Kopin Corp (NASDAQ:KOPN) is 2.2 million shares and it means that shorts have 3.16 day(s) to cover.

The consensus price target of analysts on Wall Street is $2, which implies an increase of 29.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $2 respectively. As a result, KOPN is trading at a discount of -41.84% off the target high and -41.84% off the low.

Kopin Corp (KOPN) estimates and forecasts

Statistics show that Kopin Corp has underperformed its competitors in share price, compared to the industry in which it operates. Kopin Corp (KOPN) shares have gone up 53.31% during the last six months, with a year-to-date growth rate less than the industry average at -94.44% against 5.50. In the rating firms’ projections, revenue will increase 19.03% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 12.48M as predicted by 5 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 12.3M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 8.58M and 10.03M respectively. In this case, analysts expect current quarter sales to grow by 45.46% and then jump by 22.58% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 17.43%. While earnings are projected to return -90.28% in 2025, the next five years will return 20.00% per annum.

KOPN Dividends

Kopin Corp is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Kopin Corp (NASDAQ:KOPN)’s Major holders

Kopin Corp insiders own 8.64% of total outstanding shares while institutional holders control 19.02%, with the float percentage being 20.82%. AWM INVESTMENT COMPANY, INC. is the largest shareholder of the company, while 100.0 institutions own stock in it. As of 2024-06-30, the company held over 5.34 million shares (or 4.4447% of all shares), a total value of $4.48 million in shares.

The next largest institutional holding, with 5.22 million shares, is of VANGUARD GROUP INC’s that is approximately 4.3436% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.38 million.