STAAR Surgical Co

STAAR Surgical Co Stock Forecast & Price Prediction

Live STAAR Surgical Co Stock (STAA) Price
$25.31

14

Ratings

  • Buy 8
  • Hold 5
  • Sell 1
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

$25.31

P/E Ratio

59.73

Volume Traded Today

$478,800

Dividend

Dividends not available for STAA

52 Week High/low

52.68/25.04

STAAR Surgical Co Market Cap

$1.29B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $STAA ๐Ÿ›‘

Before you buy STAA you'll want to see this list of ten stocks that have huge potential. Want to see if STAA made the cut? Enter your email below

STAA Summary

Based on ratings from 14 stock analysts, the STAAR Surgical Co stock price is expected to increase by 67.29% in 12 months. This is calculated by using the average 12-month stock price forecast for STAAR Surgical Co. The lowest target is $23 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 14 Wall St Analyst ratings. There are 8 buy ratings, 5 ratings, and 1 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

Jon Young
Canaccord Genuity

Hold

$28

Maintains

Dec 9, 2024
Jon Young
Canaccord Genuity

Hold

$31

Maintains

Nov 1, 2024
David Saxon
Needham

Hold


Reiterates

Oct 31, 2024
David Saxon
Needham

Hold


Reiterates

Sep 19, 2024
Thomas Stephan
Stifel

Buy

$44

Maintains

Aug 26, 2024
Jon Young
Canaccord Genuity

Hold

$41

Maintains

Aug 8, 2024
David Saxon
Needham

Hold


Reiterates

Aug 8, 2024
Ryan Zimmerman
BTIG

Buy

$53

Maintains

Jul 15, 2024
David Saxon
Needham

Hold


Reiterates

Jul 15, 2024
Patrick Wood
Morgan Stanley

Underweight

$37

Downgrade

Jul 15, 2024
Ryan Zimmerman
BTIG

Buy

$46

Upgrade

Jun 11, 2024
Matt O'Brien
Piper Sandler

Neutral

$40

Maintains

May 8, 2024
Jon Young
Canaccord Genuity

Hold

$43

Maintains

May 8, 2024
David Saxon
Needham

Hold


Reiterates

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

STAA Company Information

What They Do: Develops and sells implantable eye lenses.

Business Model: The company designs, manufactures, and markets implantable Collamer lenses (ICLs) that treat various visual disorders. It generates revenue by selling these lenses directly to healthcare providers, including ophthalmic surgeons and hospitals, as well as through independent distributors in multiple countries.

Other Information: Founded in 1982 and based in Lake Forest, California, STAAR Surgical operates internationally, with a significant presence in the U.S., Japan, and Europe. Its innovative products cater to a growing demand for corrective eye procedures, positioning the company favorably in the ophthalmic market.
STAA
STAAR Surgical Co (STAA)

When did it IPO

1992

Staff Count

1,056

Country

United States

Sector/Industry

Healthcare/Medical Instruments & Supplies

CEO

Mr. Thomas G. Frinzi

Market Cap

$1.29B

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 $341.2M
  • Operating Margin TTM 6.5%
  • Gross profit TTM $252.7M
  • Return on assets TTM 3.4%
  • Return on equity TTM 5.4%
  • Profit Margin 6.4%
  • Book Value Per Share 8.69%
  • Market capitalisation $1.29B
  • Revenue for 2021 $230.5M
  • Revenue for 2022 $284.4M
  • Revenue for 2023 $322.4M
  • EPS this year (TTM) $0.44

STAAR Surgical Co (STAA) Latest News

News Image

Mon, 25 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - STAAR Surgical Company (NASDAQ: STAA) will participate in investor meetings and a fireside chat at the 4th Annual BTIG Ophthalmology Day on December 4, featuring CEO Thomas G. Frinzi.

Why It Matters - STAAR Surgical's participation in the BTIG Ophthalmology Day highlights its commitment to investor relations and could signal potential growth opportunities in the ophthalmic market, impacting stock performance.

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - STAAR Surgical Company will participate in a webcast at the Stephens Annual Investment Conference in Nashville, TN, featuring management discussion on their EVO Implantable Collamer Lenses.

Why It Matters - The webcast at a notable investment conference offers insights into STAAR Surgicalโ€™s strategies and innovations, potentially influencing stock performance and investor sentiment.

News Image

Mon, 04 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Staar Surgical's reliance on international revenue is crucial for assessing its financial stability, growth potential, and stock price performance.

Why It Matters - Staar Surgical's reliance on international revenue affects its financial stability and growth potential, influencing stock price performance based on global market conditions and demand.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - STAAR Surgical (NASDAQ:STAA) will hold its Q3 2024 earnings conference call on October 30, 2024, at 4:30 PM ET, featuring key executives and analysts from major firms.

Why It Matters - The STAAR Surgical Q3 2024 earnings call offers insights into the company's financial performance and strategic direction, influencing stock valuation and investor sentiment.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - STAAR Surgical Company reported Q3 2024 net sales of $88.6 million, a 10% increase year-over-year. ICL sales also rose 10% to $89.1 million, with a gross margin of 77.3%.

Why It Matters - STAAR Surgical's 10% sales growth and strong gross margin indicate robust demand for its EVO ICL products, suggesting potential for continued revenue growth and profitability, influencing investor sentiment positively.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - STAAR Surgical revised its APAC sales growth forecast to 5% from 7%, with China expected to grow 2% (down from 10%) and other APAC countries 10-20% growth (previously flat).

Why It Matters - Revised APAC sales growth projections indicate weaker performance, particularly in China. This could signal declining demand and impact overall company revenue and stock performance.

...

STAA Frequently asked questions

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

The lowest forecasted price for STAA is $23 from Jason Mills from Canaccord Genuity

The STAA analyst ratings consensus are 8 buy ratings, 5 hold ratings, and 1 sell ratings.