Shares of Kopin Co. (NASDAQ:KOPN) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Analysts have set a 1 year consensus target price of $2.20 for the company, according to Zacks. Zacks has also assigned Kopin an industry rank of 200 out of 256 based on the ratings given to its competitors.
A number of research analysts have recently commented on the company. ValuEngine cut Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Zacks Investment Research upgraded Investors Real Estate Trust Reit from a “sell” rating to a “hold” rating in a research note on Thursday, May 23rd.
Shares of KOPN traded up $0.02 during trading hours on Friday, reaching $1.10. The stock had a trading volume of 301,800 shares, compared to its average volume of 558,229. Kopin has a 12 month low of $0.96 and a 12 month high of $3.15. The company has a market cap of $92.54 million, a PE ratio of -2.29 and a beta of 1.39. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.71 and a quick ratio of 3.39. The stock has a 50-day moving average price of $1.16.
Kopin (NASDAQ:KOPN) last announced its quarterly earnings results on Tuesday, May 7th. The company reported ($0.15) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.04). Kopin had a negative net margin of 169.82% and a negative return on equity of 68.84%. The firm had revenue of $5.54 million during the quarter. On average, research analysts predict that Kopin will post -0.35 EPS for the current year.
Institutional investors and hedge funds have recently made changes to their positions in the company. Weybosset Research & Management LLC bought a new position in shares of Kopin in the 1st quarter valued at $35,000. D. E. Shaw & Co. Inc. acquired a new stake in Kopin in the fourth quarter valued at $47,000. Oppenheimer & Co. Inc. acquired a new stake in Kopin in the first quarter valued at $61,000. Jane Street Group LLC acquired a new stake in Kopin in the fourth quarter valued at $74,000. Finally, Barclays PLC increased its holdings in Kopin by 21.8% in the fourth quarter. Barclays PLC now owns 128,099 shares of the company’s stock valued at $128,000 after purchasing an additional 22,905 shares during the period. Institutional investors own 41.25% of the company’s stock.
Kopin Corporation invents, develops, manufactures, and sells various components and systems in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, application specific integrated circuits, backlights, optical lenses, and audio integrated circuits, as well as SOLOS smart glasses, which are hands-free head-worn devices that obtain information from sensors or the Internet via a smartphone and displays the information on the sunglass lens.
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