In the last trading session, 1.73 million Kopin Corp (NASDAQ:KOPN) shares changed hands as the company’s beta touched 2.89. With the company’s per share price at $1.38 changed hands at -$0.1 or -6.76% during last session, the market valuation stood at $224.66M. KOPN’s last price was a discount, traded about -57.25% off its 52-week high of $2.17. The share price had its 52-week low at $0.56, which suggests the last value was 59.42% up since then.
Analysts gave the Kopin Corp (KOPN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended KOPN as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Kopin Corp’s EPS for the current quarter is expected to be -0.01.
Kopin Corp (NASDAQ:KOPN) trade information
Instantly KOPN was in red as seen at the end of in last trading. With action -10.97%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 1.47%, with the 5-day performance at -10.97% in the red. However, in the 30-day time frame, Kopin Corp (NASDAQ:KOPN) is 52.42% up.
The consensus price target for the stock as assigned by Wall Street analysts is 2, meaning bulls need an upside of 31.0% from its current market value. According to analyst projections, KOPN’s forecast low is 2 with 2 as the target high. To hit the forecast high, the stock’s price needs a -44.93% plunge from its current level, while the stock would need to soar -44.93% for it to hit the projected low.
Kopin Corp (KOPN) estimates and forecasts
Year-over-year growth is forecast to reach 5.92% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 10.57M. 3 analysts are of the opinion that Kopin Corp’s revenue for the current quarter will be 15.06M. The company’s revenue for the corresponding quarters a year ago was 12.34M and 13.32M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -14.31%. The estimates for the next quarter sales put growth at 13.06%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 2.12%. The 2025 estimates are for Kopin Corp earnings to increase by 88.89%.
Kopin Corp (NASDAQ:KOPN)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 4.2976% or 5.22 million shares worth $4.38 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and ROYCE FUND-Royce Small-Cap Opportunity Fund. With 3.42 shares estimated at $4.72 million under it, the former controlled 2.10% of total outstanding shares. On the other hand, ROYCE FUND-Royce Small-Cap Opportunity Fund held about 1.66% of the shares, roughly 2.7 shares worth around $3.72 million.
