Staar Surgical Co (NASDAQ: STAA) is -30.63% lower on its value in year-to-date trading and has touched a low of $13.50 and a high of $52.68 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The STAA stock was last observed hovering at around $17.77 in the last trading session, with the day’s loss setting it -0.92%.
Currently trading at $16.85, the stock is -21.42% and -26.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing -5.18% at the moment leaves the stock -48.81% off its SMA200. STAA registered -45.38% loss for a year compared to 6-month loss of -55.99%.
The stock witnessed a -26.77% gain in the last 1 month and extending the period to 3 months gives it a -36.80%, and is 2.25% 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 9.95% over the week and 6.65% over the month.
Staar Surgical Co (STAA) has around 1115 employees, a market worth around $830.30M and $313.90M in sales. Fwd P/E is 128.71. Profit margin for the company is -6.44%. Distance from 52-week low is 24.81% and -68.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.68%).
with sales reaching $40.33M over the same period.The EPS is expected to shrink by -530.83% this year, but quarterly earnings will post -16.85% year-over-year. Quarterly sales are estimated to shrink -47.87% in year-over-year returns.
The shares outstanding are 49.28M, and float is at 48.96M with Short Float at 8.06%.
The top institutional shareholder in the company is BROADWOOD CAPITAL INC with over 10.77 million shares valued at $512.68 million. The investor’s holdings represent 21.9196 of the STAA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 7.49 million shares valued at $356.54 million to account for 15.3123 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.49 million shares representing 11.2311 and valued at over $261.51 million, while BAILLIE GIFFORD & CO holds 7.5294 of the shares totaling 3.68 million with a market value of $175.32 million.
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 259,616 shares of the company’s common stock on Feb 12 ’25 at a price of $14.96 per share for a total of $3.88 million. Following the purchase, the insider now owns 11.14 million shares.
Staar Surgical Co disclosed in a document filed with the SEC on Feb 13 ’25 that BROADWOOD PARTNERS, L.P. (10% Owner) bought a total of 115,282 shares of the company’s common stock. The trade occurred on Feb 13 ’25 and was made at $15.84 per share for $1.83 million. Following the transaction, the insider now directly holds 11.25 million shares of the STAA stock.
Still, SEC filings show that on Feb 14 ’25, BROADWOOD PARTNERS, L.P. (10% Owner) acquired 36,532 shares at an average price of $15.49 for $0.57 million. The insider now directly holds 11,289,437 shares of Staar Surgical Co (STAA).
