Kopin (NASDAQ: KOPN) has been improved by Zacks funding analysis from a “pending” observe to a “buy” observe in a report printed on Saturday, Zacks.com reviews. The corporate presently has a worth goal of $ 2.00 on the share. Zacks funding analysisThe corporate’s goal worth suggests a possible rise of 4.71% from the corporate’s present worth.
Based on Zacks, “Kopin Company is a number one developer and provider of revolutionary transportable applied sciences and options for integration into transportable pc and show techniques for navy, industrial and client clients. Kopin Applied sciences and Options can be found as parts providing particular person capabilities or as reference techniques offering built-in options. Kopin has a protracted historical past of growing the applied sciences required for wearable pc headsets for the navy, client or trade. Kopin contributed to the event of headscreens for the F-35 Joint Strike Fighter, created the Golden-i, an trade benchmark wearable helmet design, and collaborated on quite a few wearable merchandise with a variety of corporations similar to Vuzix, Motorola Options and Recon Devices. Kopin has developed and marketed revolutionary applied sciences such the than the Bipolar Heterojunction Transistors (HBTs) that energy billions of cell telephones and micro-displays that ha I introduced vivid pictures. “
Various different brokerages have additionally lately commented on KOPN. ValuEngine demoted Kopin from a “purchase” observe to a “maintain” observe in a analysis observe on Tuesday, September 1. HC Wainwright supplied protection on Kopin in a analysis report on Tuesday, August 25. They set a “purchase” score and a worth goal of $ 2.00 for the corporate.
Kopin inventory opened at $ 1.91 on Friday. Kopin has a 12 month low of $ 0.19 and a 12 month excessive of $ 2.16. The corporate has a fifty-day shifting common worth of $ 1.54 and a two hundred-day shifting common worth of $ 1.47. The corporate has a market cap of $ 162.45 million, a PE ratio of -12.73 and a beta of two.42.
Kopin (NASDAQ: KOPN) final launched its quarterly outcomes on Sunday, November 8. The corporate reported earnings per share (EPS) of ($ 0.01) for the quarter, beating the Zacks consensus estimate of ($ 0.02) by $ 0.01. Kopin had a unfavourable web margin of 37.11% and a unfavourable return on fairness of 51.37%. The corporate posted income of $ 9.51 million for the quarter, in comparison with the consensus estimate of $ 8.70 million. Throughout the identical interval final yr, the corporate posted EPS of $ 0.08. On common, analysis analysts predict that Kopin will submit -0.09 EPS for the present yr.
Various massive buyers have lately modified their holdings of shares. Jane Avenue Group LLC acquired a brand new place in Kopin through the 2nd quarter valued at roughly $ 47,000. WealthTrust Axiom LLC bought a brand new stake in Kopin shares through the third quarter valued at roughly $ 150,000. GSA Capital Companions LLP bought a brand new stake in Kopin shares through the third quarter valued at roughly $ 386,000. Zeke Capital Advisors LLC acquired a brand new place in Kopin shares through the third quarter valued at roughly $ 34,000. Lastly, Morgan Stanley elevated its holdings in Kopin by 37.0% within the third quarter. Morgan Stanley now owns 412,935 shares of the corporate valued at $ 570,000 after buying a further 111,443 shares within the final quarter. Hedge funds and different institutional buyers maintain 18.62% of the corporate’s shares.
Kopin Firm Profile
Kopin Company invents, develops, manufactures and sells parts, subassemblies, transportable and transportable techniques in america, Asia-Pacific, Europe and internationally. It presents miniature energetic matrix liquid crystal shows, silicon liquid crystal shows / spatial mild modulators, natural mild emitting diode shows, utility particular built-in circuits, backlights and optical lenses; and headphone techniques.
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