In the last trading session, 2.28 million shares of the Kopin Corp (NASDAQ:KOPN) were traded, and its beta was 2.73. Most recently the company’s share price was $1.27, and it changed around -$0.11 or -7.97% from the last close, which brings the market valuation of the company to $201.67M. KOPN currently trades at a discount to its 52-week high of $2.77, offering almost -118.11% off that amount. The share price’s 52-week low was $0.56, which indicates that the current value has risen by an impressive 55.91% since then.
Kopin Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended KOPN as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Kopin Corp is expected to report earnings per share of -0.01 for the current quarter.
Kopin Corp (NASDAQ:KOPN) trade information
Instantly KOPN has showed a red trend with a performance of -7.97% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.5100 on recent trading dayincreased the stock’s daily price by 15.89%. The company’s shares are currently down -6.62% year-to-date, but still down -8.63% over the last five days. On the other hand, Kopin Corp (NASDAQ:KOPN) is -24.85% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $2, which translates to bulls needing to increase their stock price by 36.5% from its current value. Analyst projections state that KOPN is forecast to be at a low of $2 and a high of $2.
Kopin Corp (KOPN) estimates and forecasts
The year-over-year growth rate is expected to be 18.82%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 12.41M in revenue for the current quarter. 1 analysts expect Kopin Corp to make 11.14M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 8.58M and 10.03M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 44.69%. Forecasts for the next quarter put sales growth at 11.09%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 17.43%.
KOPN Dividends
Kopin Corp’s next quarterly earnings report is expected to be released in April.
VANGUARD GROUP INC, with 4.3436% or 5.22 million shares worth $4.38 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Royce Small-Cap Opportunity Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 3.42 shares worth $4.34 million, making up 2.15% of all outstanding shares. On the other hand, Royce Small-Cap Opportunity Fund held roughly 2.7 shares worth around $3.43 million, which represents about 1.70% of the total shares outstanding.
