Glaukos Corporation (NYSE: GKOS) is 26.59% higher on its value in year-to-date trading and has touched a low of $45.38 and a high of $97.77 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 GKOS stock was last observed hovering at around $96.77 in the last trading session, with the day’s gains setting it 3.86%.
Currently trading at $100.63, the stock is 12.48% and 10.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing 3.99% at the moment leaves the stock 30.11% off its SMA200. GKOS registered 108.91% gain for a year compared to 6-month gain of 43.76%. The firm has a 50-day simple moving average (SMA 50) of $16.10 and a 200-day simple moving average (SMA200) of -$61.70.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 13.18% loss in the last 1 month and extending the period to 3 months gives it a 27.20%, and is 8.09% 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 5.31% over the week and 3.66% over the month.
Glaukos Corporation (GKOS) has around 907 employees, a market worth around $4.98B and $314.71M in sales. Profit margin for the company is -42.79%. Distance from 52-week low is 121.75% and 2.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.93%).
Glaukos Corporation quarterly earnings per share for the current quarter are estimated at -$0.58 with sales reaching $79.6M over the same period.The EPS is expected to grow by 8.07% this year, but quarterly earnings will post 13.30% year-over-year. Quarterly sales are estimated to grow 7.70% in year-over-year returns.
Glaukos Corporation (GKOS) Top Institutional Holders
338 institutions hold shares in Glaukos Corporation (GKOS), with institutional investors hold 109.20% of the company’s shares. The shares outstanding are 49.12M, and float is at 47.33M with Short Float at 7.73%. Institutions hold 104.92% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 7.9 million shares valued at $562.66 million. The investor’s holdings represent 16.24% of the GKOS Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 5.26 million shares valued at $374.5 million to account for 10.81% of the shares outstanding. The other top investors are Wellington Management Group, LLP which holds 3.95 million shares representing 8.13% and valued at over $281.55 million, while Brown Capital Management, LLC holds 5.42% of the shares totaling 2.64 million with a market value of $187.79 million.
Glaukos Corporation (GKOS) Insider Activity
The most recent transaction is an insider sale by Thurman Alex R.,the company’sSVP & CHIEF FINANCIAL OFFICER. SEC filings show that Thurman Alex R. sold 434 shares of the company’s common stock on Apr 04 ’24 at a price of $95.33 per share for a total of $41371.0. Following the sale, the insider now owns 54166.0 shares.
Glaukos Corporation disclosed in a document filed with the SEC on Apr 04 ’24 that Gilliam Joseph E (PRESIDENT & COO) sold a total of 200 shares of the company’s common stock. The trade occurred on Apr 04 ’24 and was made at $96.57 per share for $19314.0. Following the transaction, the insider now directly holds 0.1 million shares of the GKOS stock.
Still, SEC filings show that on Apr 03 ’24, Thurman Alex R. (SVP & CHIEF FINANCIAL OFFICER) disposed off 316 shares at an average price of $94.62 for $29900.0. The insider now directly holds 54,600 shares of Glaukos Corporation (GKOS).
