Shares of Kopin Co. (NASDAQ:KOPN) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokers have set a 1-year consensus target price of $2.20 for the company, according to Zacks. Zacks has also given Kopin an industry rank of 107 out of 255 based on the ratings given to related companies.
A number of analysts have weighed in on KOPN shares. ValuEngine upgraded Kopin from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Zacks Investment Research lowered Kopin from a “buy” rating to a “hold” rating in a report on Thursday, October 10th.
Kopin (NASDAQ:KOPN) last posted its earnings results on Thursday, November 7th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02). The company had revenue of $6.14 million for the quarter. Kopin had a negative return on equity of 67.79% and a negative net margin of 132.18%. During the same period in the prior year, the company posted ($0.12) EPS. As a group, equities research analysts predict that Kopin will post -0.27 earnings per share for the current fiscal year.
A number of institutional investors have recently bought and sold shares of the business. Arizona State Retirement System lifted its holdings in Kopin by 10.4% during the second quarter. Arizona State Retirement System now owns 104,408 shares of the company’s stock worth $114,000 after buying an additional 9,860 shares during the period. Round Table Services LLC increased its position in shares of Kopin by 2.6% during the second quarter. Round Table Services LLC now owns 395,380 shares of the company’s stock worth $431,000 after purchasing an additional 10,000 shares in the last quarter. AMG National Trust Bank increased its position in shares of Kopin by 7.7% during the second quarter. AMG National Trust Bank now owns 140,000 shares of the company’s stock worth $153,000 after purchasing an additional 10,000 shares in the last quarter. Weybosset Research & Management LLC increased its position in shares of Kopin by 43.4% during the second quarter. Weybosset Research & Management LLC now owns 37,835 shares of the company’s stock worth $41,000 after purchasing an additional 11,445 shares in the last quarter. Finally, FormulaFolio Investments LLC increased its position in shares of Kopin by 89.3% during the third quarter. FormulaFolio Investments LLC now owns 41,827 shares of the company’s stock worth $28,000 after purchasing an additional 19,736 shares in the last quarter. Institutional investors own 36.27% 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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