Views of Wall Street’s Leading Experts on Staar Surgical Co.

With 1.45 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.76 million shares. During the session, the Medical Instruments & Supplies company that operates in wider Healthcare sector, reached to the highest price of $49.60 whereas the lowest price it dropped to was $47.37. 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 $46.39. Beta for the stock currently stands at 0.84.

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 up-trending over the past week, with a rise of 26.77%, but this was up by 40.96% over a month. Three-month performance surged to 73.89% while six-month performance rose 30.65%. The stock lost -19.59% in the past year, while it has gained 58.57% so far this year. A look at the trailing 12-month EPS for STAA yields 0.43 with Next year EPS estimates of 0.90. For the next quarter, that number is 0.03. This implies an EPS growth rate of -45.19% for this year and 62.18% 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 Mar 15, 2024, short shares totaled 5.43 million, which was 11.12% higher than short shares on Feb 15, 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 107.71% 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 $0.09. This was $0.09 for the TTM, and it was $– for the past five years.