A History of Outperforming Analyst Forecasts and Beating the Odds: Staar Surgical Co. (STAA)

With 0.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.73 million shares. The 52-week range on STAA shows that it touched its highest point at $73.13 and its lowest point at $26.66 during that stretch. It currently has a 1-year price target of $43.72. Beta for the stock currently stands at 0.85.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of STAA was down-trending over the past week, with a drop of -3.20%, but this was up by 21.23% over a month. Three-month performance surged to 15.39% while six-month performance fell -5.66%. The stock lost -41.43% in the past year, while it has gained 19.13% so far this year. A look at the trailing 12-month EPS for STAA yields 0.43 with Next year EPS estimates of 0.89. For the next quarter, that number is 0.02. This implies an EPS growth rate of -47.87% for this year and 68.44% for next year. EPS is expected to grow by 30.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 31.51%.

Float and Shares Shorts:

At present, 48.84 million STAA shares are outstanding with a float of 48.34 million shares on hand for trading. On Feb 29, 2024, short shares totaled 6.04 million, which was 12.37% higher than short shares on Jan 31, 2024. In addition to Mr. Thomas G. Frinzi as the firm’s President, CEO & Chairman, Mr. Patrick F. Williams serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 107.67% of STAA’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for STAA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, STAA has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and STAA currently yields $0.00. In the past year, STAA’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, STAA has a current buyback yield of $0.12. This was $0.12 for the TTM, and it was $– for the past five years.