During the last session, Kopin Corp (NASDAQ:KOPN)’s traded shares were 4.19 million, with the beta value of the company hitting 2.69. At the end of the trading day, the stock’s price was $1.72, reflecting an intraday loss of -6.79% or -$0.12. The 52-week high for the KOPN share is $2.82, that puts it down -63.95 from that peak though still a striking 67.44% gain since the share price plummeted to a 52-week low of $0.56. The company’s market capitalization is $272.34M, and the average intraday trading volume over the past 10 days was 4.92 million shares, and the average trade volume was 4.82 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.
Kopin Corp (NASDAQ:KOPN) trade information
Kopin Corp (KOPN) registered a -6.79% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -6.79% in intraday trading to $1.72, hitting a weekly high. The stock’s 5-day price performance is -9.74%, and it has moved by 46.58% in 30 days. Based on these gigs, the overall price performance for the year is -29.71%. 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 14.0% 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 -16.28% off the target high and -16.28% off the low.
Kopin Corp (KOPN) estimates and forecasts
In the rating firms’ projections, revenue will increase 18.82% 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 12.41M as predicted by 4 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 11.14M 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 44.69% and then jump by 11.09% 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 -83.33% in 2025.
KOPN Dividends
Kopin Corp is due to release its next quarterly earnings in March. 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.
Also, the Mutual Funds coming in first place with the largest holdings of Kopin Corp (KOPN) shares are Vanguard Total Stock Market Index Fund and Royce Small-Cap Opportunity Fund . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 3.42 shares. This amounts to just over 2.15 percent of the company’s overall shares, with a $5.86 million market value. The same data shows that the other fund manager holds slightly less at 2.7, or about 1.70% of the stock, which is worth about $4.63 million.
