Kopin Corporation (NASDAQ: KOPN) is 387.65% higher on its value in year-to-date trading and has touched a low of $0.19 and a high of $13.62 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KOPN stock was last observed hovering at around $10.12 in the last trading session, with the day’s gains setting it 1.73% off its average median price target of $4.50 for the next 12 months. It is also -115.45% off the consensus price target high of $5.50 offered by 2 analysts, but current levels are -238.57% lower than the price target low of $3.50 for the same period.
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Currently trading at $11.85, the stock is 59.10% and 165.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.11 million and changing 17.09% at the moment leaves the stock 449.66% off its SMA200. KOPN registered 2894.69% gain for a year compared to 6-month gain of 706.12%. The firm has a 50-day simple moving average (SMA 50) of $5.95 and a 200-day simple moving average (SMA200) of $2.63.
The stock witnessed a 221.14% loss in the last 1 month and extending the period to 3 months gives it a 771.32%, and is 26.60% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 17.05% over the week and 17.40% over the month.
Kopin Corporation (KOPN) has around 153 employees, a market worth around $860.67M and $34.90M in sales. Profit margin for the company is -37.10%. Distance from 52-week low is 6136.84% and -13.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-92.60%).
Kopin Corporation (KOPN) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Kopin Corporation (KOPN) is a “Buy”. 2 analysts offering their recommendations for the stock have an average rating of 1.50, where 0 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Kopin Corporation is expected to release its quarterly report on 05/11/2021 and quarterly earnings per share for the current quarter are estimated at -$0.01 with sales reaching $9.33M over the same period.The EPS is expected to grow by 22.10% this year, but quarterly earnings will post 20.40% year-over-year. Quarterly sales are estimated to grow 6.90% in year-over-year returns.
Kopin Corporation (KOPN) Top Institutional Holders
59 institutions hold shares in Kopin Corporation (KOPN), with 15.28M shares held by insiders accounting for 18.48% while institutional investors hold 23.09% of the company’s shares. The shares outstanding are 82.60M, and float is at 69.40M with Short Float at 1.86%. Institutions hold 18.83% of the Float.
The top institutional shareholder in the company is AWM Investment Company, Inc. with over 5.55 million shares valued at $7.66 million. The investor’s holdings represent 6.53% of the KOPN Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 3.11 million shares valued at $4.29 million to account for 3.66% of the shares outstanding. The other top investors are Millennium Management LLC which holds 1.86 million shares representing 2.19% and valued at over $2.57 million, while Blackrock Inc. holds 1.46% of the shares totaling 1.24 million with a market value of $3.02 million.
Kopin Corporation (KOPN) Insider Activity
A total of 33 insider transactions have happened at Kopin Corporation (KOPN) in the last six months, with sales accounting for 18 and purchases happening 15 times. The most recent transaction is an insider sale by Baker Paul Christopher, the company’s Strategic Business Officer. SEC filings show that Baker Paul Christopher sold 16,250 shares of the company’s common stock on Feb 01 at a price of $5.13 per share for a total of $83363.0. Following the sale, the insider now owns 0.25 million shares.
Kopin Corporation disclosed in a document filed with the SEC on Jan 22 that SNEIDER RICHARD (Chief Financial Officer) sold a total of 45,000 shares of the company’s common stock. The trade occurred on Jan 22 and was made at $4.50 per share for $0.2 million. Following the transaction, the insider now directly holds 0.32 million shares of the KOPN stock.
Still, SEC filings show that on Jan 22, SNEIDER RICHARD (Chief Financial Officer) disposed off 45,000 shares at an average price of $4.00 for $0.18 million. The insider now directly holds 364,006 shares of Kopin Corporation (KOPN).
Kopin Corporation (KOPN): Who are the competitors?
The company’s main competitors (and peers) include eMagin Corporation (EMAN) that is trading 910.34% up over the past 12 months. Skyworks Solutions Inc. (SWKS) is 63.55% up on the 1-year trading charts. Short interest in the company’s stock has risen 36.86% from the last report on Dec 30, 2020 to stand at a total of 0.81 million short shares sold with a short interest ratio of 0.37.