A significant driver of top-line growth: Staar Surgical Co. (STAA)

With 1.0 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.75 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 0.84.

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 5.19%, but this was up by 26.20% over a month. Three-month performance surged to 12.10% while six-month performance fell -12.01%. The stock lost -38.41% in the past year, while it has gained 20.86% 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 STLA as the firm’s Stellantis N.V., STAG serves as its Stag Industrial, Inc.

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 $0.11. This was $0.11 for the TTM, and it was $– for the past five years.