Kopin (NASDAQ:KOPN) issued its quarterly earnings results on Tuesday, May 7th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.04), MarketWatch Earnings reports. The business had revenue of $5.54 million for the quarter. Kopin had a negative return on equity of 68.84% and a negative net margin of 169.82%.
KOPN traded up $0.04 on Friday, reaching $1.21. The company had a trading volume of 2,675 shares, compared to its average volume of 486,664. Kopin has a fifty-two week low of $0.96 and a fifty-two week high of $3.81. The firm has a market cap of $101.80 million, a P/E ratio of -2.50 and a beta of 1.55. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.39 and a current ratio of 3.71.
Several research firms have recently weighed in on KOPN. Zacks Investment Research lowered shares of Kopin from a “buy” rating to a “hold” rating in a research note on Thursday, May 23rd. LADENBURG THALM/SH SH began coverage on shares of Kopin in a research note on Monday, February 4th. They set a “buy” rating and a $2.20 price objective on the stock. Finally, Langenberg & Company began coverage on shares of Kopin in a research note on Monday, February 4th. They set a “buy” rating and a $1.32 price objective on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $2.17.
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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