STAAR Surgical Co

STAAR Surgical Co Stock Forecast & Price Prediction

Live STAAR Surgical Co Stock (STAA) Price
$32.38

5

Ratings

  • Buy 3
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$32.38

P/E Ratio

98.09

Volume Traded Today

$849,010

Dividend

Dividends not available for STAA

52 Week High/low

52.68/26.66

STAAR Surgical Co Market Cap

$1.59B

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STAA Summary

Based on ratings from 5 stock analysts, the STAAR Surgical Co stock price is expected to increase by 55.93% in 12 months. This is calculated by using the average 12-month stock price forecast for STAAR Surgical Co. The lowest target is $37 and the highest is $60. Please note analyst price targets are not guaranteed and could be missed completely.

STAA Analyst Ratings

STAAR Surgical Co has a total of 5 Wall St Analyst ratings. There are 3 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that STAAR Surgical Co will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

STAA stock forecast by analyst

These are the latest 20 analyst ratings of STAA.

Analyst/Firm

Rating

Price Target

Change

Date

Thomas Stephan
Stifel

Buy

$44

Maintains

Aug 26, 2024
David Saxon
Needham

Hold


Reiterates

Aug 8, 2024
Jon Young
Canaccord Genuity

Hold

$41

Maintains

Aug 8, 2024
Patrick Wood
Morgan Stanley

Underweight

$37

Downgrade

Jul 15, 2024
Ryan Zimmerman
BTIG

Buy

$53

Maintains

Jul 15, 2024
David Saxon
Needham

Hold


Reiterates

Jul 15, 2024
Ryan Zimmerman
BTIG

Buy

$46

Upgrade

Jun 11, 2024
Matt O'Brien
Piper Sandler

Neutral

$40

Maintains

May 8, 2024
David Saxon
Needham

Hold


Reiterates

May 8, 2024
Jon Young
Canaccord Genuity

Hold

$43

Maintains

May 8, 2024
Anthony Petrone
Mizuho

Buy

$55

Maintains

May 8, 2024
Anthony Petrone
Mizuho

Buy

$53

Maintains

Apr 11, 2024
Jon Young
Canaccord Genuity

Hold

$46

Maintains

Apr 8, 2024
David Saxon
Needham

Hold


Reiterates

Apr 4, 2024
Thomas Stephan
Stifel

Buy

$50

Maintains

Apr 1, 2024
Thomas Stephan
Stifel

Buy

$50

Upgrade

Mar 11, 2024
Anthony Petrone
Mizuho

Buy

$45

Maintains

Feb 28, 2024
Matt O'Brien
Piper Sandler

Neutral

$33

Maintains

Feb 27, 2024
David Saxon
Needham

Hold


Downgrade

Dec 5, 2023
Patrick Wood
Morgan Stanley

Equal-Weight

$35

Initiates

Dec 4, 2023

STAA Company Information

  • Business Model: Designs, develops, manufactures, markets, and sells implantable lenses for the eye.
  • Products:
    • Implantable Collamer lens product family (ICLs).
    • Companion delivery systems for lens implantation.
  • Target Market:
    • Health care providers, including ophthalmic surgeons, vision and surgical centers, hospitals, government facilities, and distributors.
    • Primarily used by ophthalmologists.
  • Geographical Reach:
    • Direct sales through representatives in the United States, Japan, Germany, Spain, Canada, the United Kingdom, and Singapore.
    • Sales through own representatives and independent distributors in China, Korea, India, France, Benelux, Italy, and internationally.
  • Company Background: Incorporated in 1982 and headquartered in Lake Forest, California.
STAA
STAAR Surgical Co (STAA)

When did it IPO

N/A

Staff Count

1,056

Country

United States

Sector/Industry

Healthcare/Medical Instruments & Supplies

CEO

Mr. Thomas G. Frinzi

Market Cap

$1.59B

STAAR Surgical Co (STAA) Financial Data

In 2023, STAA generated $322.4M in revenue, which was a increase of 13.37% from the previous year. This can be seen as a signal that STAA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$163.5M

Revenue From 2021

$230.5M

41.00 %
From Previous Year

Revenue From 2022

$284.4M

23.40 %
From Previous Year

Revenue From 2023

$322.4M

13.37 %
From Previous Year
  • Revenue TTM $332.9M
  • Operating Margin TTM 12.1%
  • Gross profit TTM $252.7M
  • Return on assets TTM 3.7%
  • Return on equity TTM 4.4%
  • Profit Margin 5.0%
  • Book Value Per Share 8.32%
  • Market capitalisation $1.59B
  • Revenue for 2021 $230.5M
  • Revenue for 2022 $284.4M
  • Revenue for 2023 $322.4M
  • EPS this year (TTM) $0.33

STAAR Surgical Co (STAA) Latest News

News Image

Thu, 05 Sep 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - STAAR Surgical shares fell over 15% post-Q2 earnings, despite raised full-year revenue guidance. US sales rose 25% YoY, with the company on track for 2026 financial targets' low end.

Why It Matters - STAAR Surgical's share decline contrasts with strong sales growth and raised revenue guidance, indicating potential undervaluation and future upside as it approaches 2026 targets.

News Image

Mon, 12 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Staar Surgical (STAA) is heavily reliant on international revenue, which is crucial for assessing its financial stability, growth potential, and stock price performance.

Why It Matters - Staar Surgical's dependence on international revenue affects its financial stability and growth outlook, influencing investor confidence and stock price volatility.

News Image

Fri, 09 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - STAAR Surgical Company will host its Q2 2024 earnings conference call on August 7, 2024, at 4:15 PM ET. Key executives will participate in the call.

Why It Matters - The STAAR Surgical Q2 2024 earnings call provides insights into the company's financial performance and future outlook, crucial for assessing investment potential and market trends.

News Image

Wed, 07 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - STAAR Surgical reported Q2 2024 net sales of $99.0 million, up 7% year-over-year. ICL sales also increased by 7%, with a gross margin of 79.2%, up from 76.6%.

Why It Matters - STAAR Surgical's strong Q2 results, with rising sales and improved gross margins, indicate robust demand for their products, potentially boosting investor confidence and stock performance.

News Image

Wed, 07 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Staar Surgical (STAA) reported Q3 earnings of $0.33 per share, exceeding estimates of $0.25, but down from $0.40 per share year-over-year.

Why It Matters - Staar Surgical's earnings beat estimates, indicating strong performance. However, the decline from last year raises concerns about future growth potential, impacting investor sentiment.

News Image

Wed, 07 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Staar Surgical (STAA) reported its revenue and EPS for Q2 2024; investors should compare these figures against Wall Street estimates and year-over-year performance.

Why It Matters - Comparing Staar Surgical's revenue and EPS to Wall Street estimates and prior year results helps assess growth potential and market expectations, influencing investment decisions.

...

STAA Frequently asked questions

The highest forecasted price for STAA is $60 from at .

The lowest forecasted price for STAA is $37 from Patrick Wood from Morgan Stanley

The STAA analyst ratings consensus are 3 buy ratings, 2 hold ratings, and 0 sell ratings.