Staar Surgical Co (NASDAQ: STAA) is -26.22% 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 $18.25 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $17.92, the stock is 1.49% and -11.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing -1.81% at the moment leaves the stock -41.08% off its SMA200. STAA registered -53.35% loss for a year compared to 6-month loss of -44.31%. The firm has a 50-day simple moving average (SMA 50) of $20.1614 and a 200-day simple moving average (SMA200) of $30.41185.
The stock witnessed a 0.84% gain in the last 1 month and extending the period to 3 months gives it a -25.11%, and is 2.93% 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 6.32% over the week and 7.31% over the month.
Staar Surgical Co (STAA) has around 1211 employees, a market worth around $883.91M and $313.90M in sales. Fwd P/E is 136.62. Profit margin for the company is -6.44%. Distance from 52-week low is 32.74% and -65.98% 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 -530.82% this year, but quarterly earnings will post -16.93% year-over-year. Quarterly sales are estimated to shrink -47.87% in year-over-year returns.
303.0 institutions hold shares in Staar Surgical Co (STAA), with institutional investors hold 102.79% of the company’s shares. The shares outstanding are 49.29M, and float is at 48.99M with Short Float at 9.33%. Institutions hold 102.22% of the Float.
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 7.4956 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 108,720 shares of the company’s common stock on Mar 20 ’25 at a price of $17.96 per share for a total of $1.95 million. Following the purchase, the insider now owns 12.18 million shares.
Staar Surgical Co disclosed in a document filed with the SEC on Mar 18 ’25 that BROADWOOD PARTNERS, L.P. (10% Owner) bought a total of 93,124 shares of the company’s common stock. The trade occurred on Mar 18 ’25 and was made at $17.54 per share for $1.63 million. Following the transaction, the insider now directly holds 12.07 million shares of the STAA stock.
Still, SEC filings show that on Mar 04 ’25, BROADWOOD PARTNERS, L.P. (10% Owner) acquired 27,953 shares at an average price of $17.24 for $0.48 million. The insider now directly holds 11,981,151 shares of Staar Surgical Co (STAA).
