Staar Surgical Co (NASDAQ: STAA) is -19.97% lower on its value in year-to-date trading and has touched a low of $13.50 and a high of $49.86 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 $18.64 in the last trading session, with the day’s gains setting it 0.8%.
Currently trading at $19.44, the stock is 10.63% and 10.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing 4.29% at the moment leaves the stock -25.85% off its SMA200. STAA registered -57.28% loss for a year compared to 6-month loss of -31.93%.
The stock witnessed a 20.45% gain in the last 1 month and extending the period to 3 months gives it a -17.73%, and is 6.46% 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 4.84% over the week and 6.02% over the month.
Staar Surgical Co (STAA) has around 1211 employees, a market worth around $962.79M and $313.90M in sales. Fwd P/E is 377.70. Profit margin for the company is -6.44%. Distance from 52-week low is 44.00% and -61.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.68%).
The EPS is expected to shrink by -530.21% this year
The shares outstanding are 49.29M, and float is at 49.16M with Short Float at 12.65%.
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 15.2438 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.49 million shares representing 11.1809 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 178,127 shares of the company’s common stock on Apr 08 ’25 at a price of $15.32 per share for a total of $2.73 million. Following the purchase, the insider now owns 13.51 million shares.
Staar Surgical Co disclosed in a document filed with the SEC on Apr 09 ’25 that BROADWOOD PARTNERS, L.P. (10% Owner) bought a total of 8,200 shares of the company’s common stock. The trade occurred on Apr 09 ’25 and was made at $15.08 per share for $0.12 million. Following the transaction, the insider now directly holds 13.52 million shares of the STAA stock.
Still, SEC filings show that on Apr 10 ’25, BROADWOOD PARTNERS, L.P. (10% Owner) acquired 900 shares at an average price of $15.18 for $13658.0. The insider now directly holds 13,519,491 shares of Staar Surgical Co (STAA).
