NASDAQ:STAA

STAAR Surgical - STAA Stock Forecast, Price & News

$77.97

-1.37 (-1.73%)

(As of 02/3/2023 12:00 AM ET)

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Today's Range: $76.59
▼
$79.43
50-Day Range: $46.82
▼
$79.34
52-Week Range: $46.35
▼
$112.27

Volume: 453,165 shs
Average Volume: 789,718 shs
Market Capitalization: $3.76 billion

P/E Ratio: 102.59
Dividend Yield: N/A
Price Target: $82.70

Institutional Ownership

STAAR Surgical MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.90 Rating Score
Upside/Downside: 6.1% Upside
$82.70 Price Target
Short Interest: Bearish
9.83% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.73
Upright™ Environmental Score
News Sentiment: 0.48
Based on 12 Articles This Week
Insider Trading: Acquiring Shares
$4.36 M Bought Last Quarter
Proj. Earnings Growth: 24.10%
From $0.83 to $1.03 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Medical Sector

185th out of 1,028 stocks

Ophthalmic Goods Industry

2nd out of 7 stocks

2.5

Analyst's Opinion

Consensus Rating
STAAR Surgical has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $82.70, STAAR Surgical has a forecasted upside of 6.1% from its current price of $77.97.
Amount of Analyst Coverage
STAAR Surgical has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
9.83% of the outstanding shares of STAAR Surgical have been sold short.
Short Interest Ratio / Days to Cover
STAAR Surgical has a short interest ratio ("days to cover") of 6.2.
Change versus previous month
Short interest in STAAR Surgical has recently increased by 14.22%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
STAAR Surgical does not currently pay a dividend.
Dividend Growth
STAAR Surgical does not have a long track record of dividend growth.

4.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
STAAR Surgical has received a 58.64% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is driven by its "Intraocular lenses" product. See details.
Environmental Sustainability
The Environmental Impact score for STAAR Surgical is -0.73.

1.9

News and Social Media Coverage

News Sentiment
STAAR Surgical has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for STAAR Surgical this week, compared to 3 articles on an average week.
Search Interest
Only 6 people have searched for STAA on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added STAAR Surgical to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, STAAR Surgical insiders have bought more of their company's stock than they have sold. Specifically, they have bought $4,364,185.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.60% of the stock of STAAR Surgical is held by insiders.
Percentage Held by Institutions
97.55% of the stock of STAAR Surgical is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for STAAR Surgical are expected to grow by 24.10% in the coming year, from $0.83 to $1.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of STAAR Surgical is 102.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of STAAR Surgical is 102.59, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 117.21.
Price to Book Value per Share Ratio
STAAR Surgical has a P/B Ratio of 14.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About STAAR Surgical (NASDAQ:STAA) Stock

STAAR Surgical Co. engages in the development, manufacture, production, marketing, and sale of implantable lenses for the eye and delivery systems used to deliver the lenses into the eye. It specializes in refractive and cataract solutions. Its products include intraocular lens and implantable collamer lens. The company was founded in 1982 and is headquartered in Lake Forest, CA.

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STAA Stock News Headlines

February 3, 2023 | finance.yahoo.com

Staar Surgical (STAA) Dips More Than Broader Markets: What You Should Know

February 3, 2023 | finance.yahoo.com

STAAR Surgical (STAA) to Report Q4 Earnings: What's in Store?

February 5, 2023 | Tradewins (Ad)

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February 3, 2023 | finance.yahoo.com

STAAR Surgical Company (STAA) Is a Trending Stock: Facts to Know Before Betting on It

February 2, 2023 | marketwatch.com

Intraocular Lens (IOL) Material Market Dynamics with Top Players, Gross Margin, Regional Demand, Plans and Demand Status Forecast to 2028

February 2, 2023 | americanbankingnews.com

Benchmark Lowers STAAR Surgical (NASDAQ:STAA) Price Target to $75.00

February 2, 2023 | americanbankingnews.com

STAAR Surgical (NASDAQ:STAA) PT Raised to $80.00

January 24, 2023 | benzinga.com

Analyst Reiterates This Ophthalmology Device Stock On Steep But Attractive Risk/Reward

February 5, 2023 | Tradewins (Ad)

Know Your Profit Potential BEFORE You Trade!

January 24, 2023 | markets.businessinsider.com

Needham Keeps Their Buy Rating on Staar Surgical (STAA)

January 17, 2023 | finance.yahoo.com

Staar Surgical (STAA) Gains As Market Dips: What You Should Know

January 17, 2023 | nz.finance.yahoo.com

Minimally Invasive Cataract Surgery Devices Market is expected to grow from USD 5.5 billion in 2022 to USD 47.7 billion by 2030 : GreyViews

January 13, 2023 | marketwatch.com

Ophthalmic Devices Market Transforming the Global Industry Landscape

January 13, 2023 | marketwatch.com

Ophthalmic Instrumentation Market Growth, Size, Share, Opportunities, Industry Analysis and Forecast 2023 To 2028

January 11, 2023 | marketwatch.com

Ophthalmology Surgical Devices Market Size, Sales, CAGR And Competition Data from 2023 To 2028

January 11, 2023 | finance.yahoo.com

Actress and Beauty Entrepreneur Peyton List Sets Her Sights on 2023 with Upgraded Vision from Life-Changing EVO ICL Lenses

January 10, 2023 | marketwatch.com

Ophthalmology Cataract Surgery Devices Market : Research Report Analysis by Competitors, Sales, Revenue and Industry Size 2023 To 2028

January 10, 2023 | markets.businessinsider.com

Needham Reaffirms Their Hold Rating on Sight Sciences (SGHT)

January 10, 2023 | finance.yahoo.com

Here's Why STAAR Surgical (NASDAQ:STAA) Has Caught The Eye Of Investors

January 9, 2023 | msn.com

STAAR Surgical stock falls after guiding sales lower than estimates

January 9, 2023 | markets.businessinsider.com

STAAR Surgical Company Updates FY23 Net Sales Outlook

January 9, 2023 | finance.yahoo.com

STAAR Surgical Reports Preliminary Sales for Fourth Quarter and Fiscal 2022

January 6, 2023 | fool.com

Why Shares of STAAR Surgical Jumped 23.7% This Week

January 1, 2023 | msn.com

Top Wall Street analysts like these stocks in 2023

December 28, 2022 | msn.com

Stephens & Co. Maintains Overweight Rating for Staar Surgical: Here's What You Need To Know

December 28, 2022 | markets.businessinsider.com

7 Analysts Have This to Say About Staar Surgical

December 20, 2022 | finance.yahoo.com

Is the Options Market Predicting a Spike in STAAR Surgical (STAA) Stock?

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STAA Company Calendar

Last Earnings: 11/03/2021
Today: 2/04/2023
Next Earnings (Estimated): 2/22/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Ophthalmic goods
Sub-Industry: Health Care Supplies
Sector: Medical
Current Symbol: NASDAQ:STAA
CUSIP: 85231230
CIK: 718937
Web: www.staar.com
Phone: (626) 303-7902
Fax: 626-303-2962
Employees: 692
Year Founded: 1982

Price Target and Rating

Average Stock Price Forecast: $82.70
High Stock Price Forecast: $125.00
Low Stock Price Forecast: $60.00
Forecasted Upside/Downside: +6.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.90
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.76
Trailing P/E Ratio: 102.59
Forward P/E Ratio: 93.94
P/E Growth: N/A
Net Income: $24.50 million
Net Margins: 13.54%
Pretax Margin: 16.66%
Return on Equity: 15.13%
Return on Assets: 11.90%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.55
Quick Ratio: 6.11

Sales & Book Value

Annual Sales: $230.47 million
Price / Sales: 16.31
Cash Flow: $0.67 per share
Price / Cash Flow: 116.15
Book Value: $5.43 per share
Price / Book: 14.36

Miscellaneous

Outstanding Shares: 48,210,000
Free Float: 46,953,000
Market Cap: $3.76 billion
Optionable: Optionable
Beta: 1.18

Social Links

Key Executives

Thomas G. Frinzi
Chairman, President & Chief Executive Officer

Patrick F. Williams
Chief Financial Officer & Vice President

Keith Holliday
Chief Technology Officer

Scott D. Barnes
Chief Medical Officer

Samuel J. Gesten
Secretary & Chief Legal Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

STAA Stock - Frequently Asked Questions

Should I buy or sell STAAR Surgical stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for STAAR Surgical in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" STAA shares.
View STAA analyst ratings or view top-rated stocks.
What is STAAR Surgical's stock price forecast for 2023?: 10 equities research analysts have issued 1 year target prices for STAAR Surgical's shares. Their STAA share price forecasts range from $60.00 to $125.00. On average, they expect the company's stock price to reach $82.70 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price.
View analysts price targets for STAA or view top-rated stocks among Wall Street analysts.
How have STAA shares performed in 2023?: STAAR Surgical's stock was trading at $48.54 at the beginning of the year. Since then, STAA stock has increased by 60.6% and is now trading at $77.97.
View the best growth stocks for 2023 here.
When is STAAR Surgical's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our STAA earnings forecast.
How were STAAR Surgical's earnings last quarter?: STAAR Surgical (NASDAQ:STAA) announced its quarterly earnings data on Wednesday, November, 3rd. The medical instruments supplier reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.01. The medical instruments supplier had revenue of $58.35 million for the quarter, compared to analysts' expectations of $57.70 million. STAAR Surgical had a trailing twelve-month return on equity of 15.13% and a net margin of 13.54%. During the same period in the prior year, the firm posted $0.14 earnings per share.
What guidance has STAAR Surgical issued on next quarter's earnings?: STAAR Surgical updated its FY 2022 earnings guidance on Monday, January, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $284.00 million-$284.00 million, compared to the consensus revenue estimate of $285.35 million.
What is Caren Mason's approval rating as STAAR Surgical's CEO?: 6 employees have rated STAAR Surgical Chief Executive Officer Caren Mason on Glassdoor.com. Caren Mason has an approval rating of 68% among the company's employees.

What other stocks do shareholders of STAAR Surgical own?: Based on aggregate information from My MarketBeat watchlists, some companies that other STAAR Surgical investors own include Tesla (TSLA), NVIDIA (NVDA), PayPal (PYPL), Walt Disney (DIS), CrowdStrike (CRWD), DocuSign (DOCU), Shopify (SHOP), Trade Desk (TTD), Teladoc Health (TDOC) and Roku (ROKU).
What is STAAR Surgical's stock symbol?: STAAR Surgical trades on the NASDAQ under the ticker symbol "STAA."
Who are STAAR Surgical's major shareholders?: STAAR Surgical's stock is owned by a variety of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (10.87%), Defender Capital LLC. (1.04%), APEIRON CAPITAL Ltd (0.70%), Hodges Capital Management Inc. (0.34%), Kornitzer Capital Management Inc. KS (0.31%) and Ziegler Capital Management LLC (0.24%). Insiders that own company stock include Broadwood Partners, LP, Caren L Mason, Graydon C Hansen, Hans-Martin Blickensdoerfer, James E Francese, Jon K Hayashida, Keith Holliday, Patrick F Williams and Samuel J Gesten.
View institutional ownership trends.
How do I buy shares of STAAR Surgical?: Shares of STAA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is STAAR Surgical's stock price today?: One share of STAA stock can currently be purchased for approximately $77.97.
How much money does STAAR Surgical make?: STAAR Surgical (NASDAQ:STAA) has a market capitalization of $3.76 billion and generates $230.47 million in revenue each year. The medical instruments supplier earns $24.50 million in net income (profit) each year or $0.76 on an earnings per share basis.
How many employees does STAAR Surgical have?: The company employs 692 workers across the globe.
Does STAAR Surgical have any subsidiaries?: The following companies are subsidiares of STAAR Surgical: Canon Staar, Frigitronics Inc., STAAR Japan Inc., STAAR Optical Equipment, STAAR Surgical AG, STAAR Surgical PTE. LTD, and Technology (Shanghai) Co. LTD.
Read More
How can I contact STAAR Surgical?: STAAR Surgical's mailing address is 25651 ATLANTIC OCEAN DRIVE, LAKE FOREST CA, 92630. The official website for the company is www.staar.com. The medical instruments supplier can be reached via phone at (626) 303-7902, via email at bmoore@staar.com, or via fax at 626-303-2962.

This page (NASDAQ:STAA) was last updated on 2/5/2023 by MarketBeat.com Staff

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STAAR Surgical - STAA Stock Forecast, Price & News

STAAR Surgical MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About STAAR Surgical (NASDAQ:STAA) Stock

STAA Stock News Headlines

STAA Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

STAA Stock - Frequently Asked Questions

Overall MarketRank^™