Staar Surgical Co. (NASDAQ: STAA) is 51.68% higher on its value in year-to-date trading and has touched a low of $26.66 and a high of $58.82 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 STAA stock was last observed hovering at around $46.00 in the last trading session, with the day’s gains setting it 1.34%.
Currently trading at $47.34, the stock is 10.22% and 10.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.84 million and changing 2.91% at the moment leaves the stock 25.26% off its SMA200. STAA registered -9.79% loss for a year compared to 6-month gain of 39.24%.
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The stock witnessed a 24.35% loss in the last 1 month and extending the period to 3 months gives it a -7.32%, and is 9.82% 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 8.95% over the week and 6.26% over the month.
Staar Surgical Co. (STAA) has around 1115 employees, a market worth around $2.33B and $326.24M in sales. Current P/E ratio is 153.06 and Fwd P/E is 60.10. Profit margin for the company is 4.69%. Distance from 52-week low is 77.60% and -19.52% from its 52-week high. The company has generated returns on investments over the last 12 months (3.61%).
The EPS is expected to shrink by -40.30% this year
The shares outstanding are 48.84M, and float is at 48.74M with Short Float at 8.66%.
Staar Surgical Co. (STAA) Insider Activity
The most recent transaction is an insider purchase by BROADWOOD PARTNERS, L.P., the company’s 10% Owner. SEC filings show that BROADWOOD PARTNERS, L.P. bought 1 shares of the company’s common stock on May 09 ’24 at a price of $42.56 per share for a total of $43.0. Following the purchase, the insider now owns 10.77 million shares.
Staar Surgical Co. disclosed in a document filed with the SEC on Mar 14 ’24 that WEISNER AIMEE S (Director) bought a total of 1,750 shares of the company’s common stock. The trade occurred on Mar 14 ’24 and was made at $38.11 per share for $66692.0. Following the transaction, the insider now directly holds 10864.0 shares of the STAA stock.
Still, SEC filings show that on Jan 08 ’24, BROADWOOD PARTNERS, L.P. (10% Owner) acquired 4,042 shares at an average price of $27.11 for $0.11 million. The insider now directly holds 10,768,430 shares of Staar Surgical Co. (STAA).
