Last Updated: 16 Oct 2024
Executive Summary
Kopin Corporation (KOPN) is a small-cap semiconductor company with a market capitalization of $114.1 million. The company has been struggling financially in recent years, with negative earnings and margins. However, analysts are generally positive on the stock, with two strong buy ratings and two buy ratings. The stock's latest price of $0.79 is below its 52-week high of $2.82 but above its 52-week low of $0.561.
Company Overview
Kopin Corporation invents, develops, manufactures, and sells head and portable components, subassemblies, and systems. The company's products are used in a variety of applications, including augmented reality, virtual reality, and medical imaging. Kopin is headquartered in Westborough, Massachusetts and has operations in the United States, Asia-Pacific, Europe, and internationally.
Fundamental Analysis
Kopin's financial performance has been weak in recent years. The company has reported negative earnings per share (EPS) for the past four quarters. In the most recent quarter, Kopin reported an EPS of -$0.40 on revenue of $41.5 million. The company's gross profit margin was 11.0% and its operating margin was -4.4%.
Kopin's financial ratios are also weak. The company has a trailing price-to-earnings (PE) ratio of -10.0x, which is below the industry average of 20.0x. Kopin also has a high price-to-book (P/B) ratio of 25.45x, which indicates that the stock is trading at a premium to its book value.
Technical Analysis
Kopin's stock price has been trending lower in recent months. The stock is currently trading below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is 30.0, which indicates that the stock is oversold.
Short Term Outlook
The short-term outlook for Kopin is mixed. The company's financial performance has been weak, but analysts are generally positive on the stock. The stock's technical indicators are also mixed, with the stock trading below its moving averages but above its 52-week low.
Long Term Outlook
The long-term outlook for Kopin is uncertain. The company's financial performance has been weak, and the semiconductor industry is facing a number of challenges. However, Kopin has a strong product portfolio and a number of potential growth opportunities.
Analyst Recommendations
Two analysts have issued strong buy ratings on Kopin, while two analysts have issued buy ratings. The consensus analyst price target is $2.63, which represents a potential upside of 232.9% from the current price.
