Kopin Corporation (NASDAQ: KOPN) Volatility Spurs A Quest For Clarity


With over 0.53 million Kopin Corporation (KOPN) shares trading Thursday and a closing price of $1.29 on the day, the dollar volume was approximately $0.68 million. The shares have shown a negative weekly performance of -2.27% and its price on 07/09/20 gained nearly 0.78%. Currently, there are 82.54M common shares owned by the public and among those 69.44M shares have been available to trade.

An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 1 analysts who have offered their price forecasts for KOPN have a consensus price objective of $1.50. The analysts have set the share’s price value over the next 12 months at a high of $1.50 and a low of $1.50 should the stock experience a downside. Incidentally, analysts’ outlook for the Kopin Corporation stock is 1.00 for the next 12 months. The average price target is 14.0% above its last price level and an upside to the estimated low will see the stock gain 14.0% over that period. But an upside of 14.0% will see the stock hit the forecast high price target while mean target price for the stock is $1.50.

Insiders at the company have transacted a total of 18 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 17 of these insider trades were purchases, accounting for 690,000 shares. Insider sales of the common stock occurred on 1 occasions, with total insider shares sold totaling 17,500 shares.

Shares of Kopin Corporation (NASDAQ: KOPN) opened at $1.29, up $0.01 from a prior closing price of $1.28. However, the script later closed the day at $1.29, up 0.78%. The company’s stock has a 5-day price change of -2.27% and 244.18% over the past three months. KOPN shares are trading 221.62% year to date (YTD), with the 12-month market performance up to 11.21% higher. It has a 12-month low price of $0.19 and touched a high of $1.64 over the same period. Currently, 0.53 million shares have been traded, compared to an average intraday trading volume of 1.47 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.41%, 22.56%, and 115.02% respectively.

Institutional ownership of Kopin Corporation (NASDAQ: KOPN) shares accounts for 21.20% of the company’s 82.54M shares outstanding.

It has a market capitalization of $103.29M and a beta (3y monthly) value of 1.67. The stock’s earnings-per-share (ttm) stands at -$0.27. The company has a Quick Ratio of 2.50 with the debt-to-equity ratio at 0.01. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.69% over the week and 10.12% over the month.

Analysts forecast that Kopin Corporation (KOPN) will achieve an EPS of -$0.05 for the current quarter, -$0.05 for the next quarter and $0 for 2021. The lowest estimate earnings-per-share for the quarter is -$0.05 while analysts give the company a high EPS estimate of -$0.05. Comparatively, EPS for the current quarter was -$0.05 a year ago. Earnings per share for the fiscal year are expected to increase by 22.10%. EPS should grow at an annualized rate of 20.00% over the next five years, compared to 4.00% over the past 5-year period.

If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate Kopin Corporation (KOPN) as a “Strong Buy” at a consensus score of 1.00. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”

Looking at the support for the KOPN, a number of firms have released research notes about the stock. Ladenburg Thalmann stated their Buy rating for the stock in a research note on February 04, 2019, with the firm’s price target at $2.20. Wunderlich coverage for the Kopin Corporation (KOPN) stock in a research note released on August 03, 2016 offered a Hold rating with a price target of $2. Wunderlich was of a view on April 01, 2015 that the stock is Buy, while Wunderlich gave the stock Hold rating on February 18, 2014, issuing a price target of $3.50- $4.50. Needham on their part issued Hold rating on March 14, 2012.


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