Staar Surgical Co (NASDAQ: STAA) is -31.29% 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 $17.81 in the last trading session, with the day’s loss setting it -1.12%.
Currently trading at $16.69, the stock is -10.85% and -6.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing -6.29% at the moment leaves the stock -31.69% off its SMA200. STAA registered -58.42% loss for a year compared to 6-month loss of -40.52%. The firm has a 50-day simple moving average (SMA 50) of $17.8664 and a 200-day simple moving average (SMA200) of $24.5334.
The stock witnessed a -9.00% gain in the last 1 month and extending the period to 3 months gives it a 1.34%, and is -10.65% down 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 3.35% over the week and 3.91% over the month.
Staar Surgical Co (STAA) has around 1211 employees, a market worth around $826.59M and $279.13M in sales. Fwd P/E is 59.93. Profit margin for the company is -25.46%. Distance from 52-week low is 23.63% and -66.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.55%).
The EPS is expected to shrink by -514.07% this year.
Staar Surgical Co (STAA) Top Institutional Holders
275.0 institutions hold shares in Staar Surgical Co (STAA), with institutional investors hold 110.35% of the company’s shares. The shares outstanding are 49.52M, and float is at 49.16M with Short Float at 11.41%. Institutions hold 109.78% 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 15.2438 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).
