Zacks: Kopin Co. (NASDAQ:KOPN) Given $2.20 Average Price Target by Brokerages

Share on StockTwits

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.

Shares of KOPN stock traded up $0.02 during trading hours on Friday, hitting $0.51. The stock had a trading volume of 158,700 shares, compared to its average volume of 589,130. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.28 and a quick ratio of 3.00. The stock has a market capitalization of $47.42 million, a price-to-earnings ratio of -1.06 and a beta of 1.30. The stock’s 50-day moving average price is $0.60 and its two-hundred day moving average price is $0.98. Kopin has a one year low of $0.46 and a one year high of $1.97.

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.

About Kopin

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.

Further Reading: Dividend Aristocrat Index

Get a free copy of the Zacks research report on Kopin (KOPN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Kopin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kopin and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.