Kopin Co. (KOPN) Given $2.20 Consensus Target Price by Brokerages

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 stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Brokerages have set a one year consensus price objective of $2.20 for the company, according to Zacks. Zacks has also given Kopin an industry rank of 199 out of 255 based on the ratings given to related companies.

Several brokerages have weighed in on KOPN. LADENBURG THALM/SH SH began coverage on shares of Kopin in a research note on Monday, February 4th. They issued a “buy” rating and a $2.20 target price for the company. Langenberg & Company began coverage on shares of Kopin in a research note on Monday, February 4th. They issued a “buy” rating and a $1.32 target price for the company.

In other Kopin news, insider Bor Yeu Tsaur sold 250,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 13th. The shares were sold at an average price of $1.13, for a total value of $282,500.00. Following the completion of the sale, the insider now directly owns 429,188 shares in the company, valued at $484,982.44. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 10.00% of the stock is owned by company insiders.

Large investors have recently bought and sold shares of the company. D. E. Shaw & Co. Inc. acquired a new stake in shares of Kopin during the fourth quarter worth $47,000. Virtu Financial LLC acquired a new stake in shares of Kopin during the fourth quarter worth $65,000. Jane Street Group LLC acquired a new stake in shares of Kopin during the fourth quarter worth $74,000. SG Americas Securities LLC acquired a new stake in shares of Kopin during the fourth quarter worth $91,000. Finally, Barclays PLC lifted its stake in shares of Kopin by 21.8% during the fourth quarter. Barclays PLC now owns 128,099 shares of the company’s stock worth $128,000 after buying an additional 22,905 shares during the period. Institutional investors and hedge funds own 44.51% of the company’s stock.

Shares of NASDAQ KOPN traded up $0.08 during midday trading on Friday, reaching $1.34. 956,800 shares of the company’s stock traded hands, compared to its average volume of 553,972. Kopin has a one year low of $0.96 and a one year high of $3.81. The company has a market cap of $96.11 million, a PE ratio of -2.79 and a beta of 1.63.

Kopin (NASDAQ:KOPN) last released its quarterly earnings data on Tuesday, March 12th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.11) by $0.01. Kopin had a negative net margin of 142.50% and a negative return on equity of 49.85%. The firm had revenue of $7.74 million for the quarter. As a group, equities research analysts expect that Kopin will post -0.33 earnings per share for the current year.

Kopin Company Profile

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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