STAAR Surgical (STAA) Upgraded at Zacks Investment Research

Quantum Capital Management grew its stake in STAAR Surgical by 45.8% during the first quarter. Quantum Capital Management now owns 72,655 …

STAAR Surgical logoZacks Investment Research upgraded shares of STAAR Surgical (NASDAQ:STAA) from a hold rating to a strong-buy rating in a research note published on Tuesday morning, Zacks.com reports. The brokerage currently has $29.00 price target on the medical instruments supplier’s stock.

According to Zacks, “Staar Surgical Company has evolved to become a developer, manufacturer and global distributor of products used by ophthalmologists and other eye care professionals to improve or correct vision in patients suffering from refractive conditions, cataracts and glaucoma. “

Other equities analysts also recently issued reports about the stock. BidaskClub upgraded shares of STAAR Surgical from a hold rating to a buy rating in a research note on Wednesday, February 20th. Canaccord Genuity restated a buy rating and issued a $38.00 price target (down from $43.00) on shares of STAAR Surgical in a research note on Monday. Finally, ValuEngine upgraded shares of STAAR Surgical from a hold rating to a buy rating in a research note on Wednesday, May 1st. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. STAAR Surgical has a consensus rating of Buy and an average price target of $40.33.

Shares of STAA traded down $1.30 during trading hours on Tuesday, hitting $25.96. The company had a trading volume of 27,435 shares, compared to its average volume of 447,169. The firm has a market capitalization of $1.21 billion, a PE ratio of 91.82 and a beta of 2.02. STAAR Surgical has a 12 month low of $21.70 and a 12 month high of $54.00. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.41 and a quick ratio of 4.83.

STAAR Surgical (NASDAQ:STAA) last issued its quarterly earnings data on Wednesday, May 1st. The medical instruments supplier reported $0.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.06. The company had revenue of $32.58 million for the quarter, compared to analyst estimates of $32.40 million. STAAR Surgical had a net margin of 4.44% and a return on equity of 13.22%. During the same period in the prior year, the firm earned $0.01 earnings per share. Analysts predict that STAAR Surgical will post 0.33 earnings per share for the current fiscal year.

In other STAAR Surgical news, CTO Keith Holliday sold 2,084 shares of the stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $36.22, for a total transaction of $75,482.48. Following the sale, the chief technology officer now directly owns 40,239 shares in the company, valued at $1,457,456.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Broadwood Partners, L.P. acquired 100,000 shares of STAAR Surgical stock in a transaction on Friday, May 3rd. The shares were purchased at an average price of $22.23 per share, for a total transaction of $2,223,000.00. The disclosure for this purchase can be found here. Insiders sold 17,730 shares of company stock worth $655,538 over the last 90 days. 3.90% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in the business. Great West Life Assurance Co. Can grew its stake in STAAR Surgical by 46.8% during the first quarter. Great West Life Assurance Co. Can now owns 5,172 shares of the medical instruments supplier’s stock worth $176,000 after buying an additional 1,649 shares in the last quarter. Cadence Capital Management LLC grew its stake in STAAR Surgical by 66.7% during the first quarter. Cadence Capital Management LLC now owns 113,410 shares of the medical instruments supplier’s stock worth $3,877,000 after buying an additional 45,387 shares in the last quarter. Quantum Capital Management grew its stake in STAAR Surgical by 45.8% during the first quarter. Quantum Capital Management now owns 72,655 shares of the medical instruments supplier’s stock worth $2,484,000 after buying an additional 22,809 shares in the last quarter. Victory Capital Management Inc. acquired a new stake in STAAR Surgical during the first quarter worth about $186,000. Finally, Comerica Bank grew its stake in STAAR Surgical by 7.5% during the first quarter. Comerica Bank now owns 37,197 shares of the medical instruments supplier’s stock worth $1,377,000 after buying an additional 2,600 shares in the last quarter. Hedge funds and other institutional investors own 90.99% of the company’s stock.

STAAR Surgical Company Profile

STAAR Surgical Company, together with its subsidiaries, designs, develops, manufactures, markets, and sells implantable lenses for the eye, and delivery systems to deliver the lenses into the eye. The company provides Visian implantable collamer lenses (ICLs) to treat visual disorders, such as myopia, hyperopia, astigmatism, and presbyopia; and Hyperopic ICL, which treats far-sightedness.

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Where Does Lattice Semiconductor Corporation (LSCC) Stock Can Go From Here?

On Thursday, shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) marked $13.66 per share versus a previous $13.91 closing price.

On Thursday, shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) marked $13.66 per share versus a previous $13.91 closing price. With having a -1.80% loss, an insight into the fundamental values of Lattice Semiconductor Corporation, investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. LSCC showed a rise of 97.40% within its YTD performance, with highs and lows between $5.37 – $14.93 during the period of 52 weeks, compared to the simple moving average of 55.10% in the period of the last 200 days.

Rosenblatt equity researchers changed the status of Lattice Semiconductor Corporation (NASDAQ: LSCC) shares to a “Buy” rating in the report published on February 28th, 2019. Other analysts, including Cowen, also published their reports on LSCC shares. Cowen repeated the rating from the previous report, marking LSCC under “Outperform” rating, in the report published on February 22nd, 2019. Additionally, LSCC shares got another “Positive” rating from Susquehanna, setting a target price of $11 on the company’s shares, according to the report published in February 13th, 2019. On the other hand, Dougherty & Company Initiated the “Buy” rating for LSCC shares, as published in the report on June 28th, 2018. Jefferies seems to be going bullish on the price of LSCC shares, based on the price prediction for LSCC. Another “Neutral” rating came from Robert W. Baird, providing a prediction for price target according to the report published in November 3rd, 2016.

Lattice Semiconductor Corporation (LSCC) Analysis

The present dividend yield for LSCC owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period.However, in order for the company to be able to pay its dividends, just like it is the case with Lattice Semiconductor Corporation, the company needs to provide a healthy cash flow, currently at the value of 41.75. In addition, the growth of sales from quarter to quarter is recording 0.70%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Lattice Semiconductor Corporation (LSCC) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of -10.60% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 3.10 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while LSCC is currently recording an average of 2.34M in volumes. The volatility of the stock on monthly basis is set at 5.56%, while the weekly volatility levels are marked at 4.95%with -1.66% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $12.36, indicating growth from the present price of $13.66, which can represent yet another valuable research and analysis points that can help you decide whether to invest in LSCC or pass.

What to Look for When Analyzing Lattice Semiconductor Corporation Shares?

Lattice Semiconductor Corporation (LSCC) is based in the USA and it represents one of the well-known company operating with Technology sector. If you wish to compare LSCC shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of for Lattice Semiconductor Corporation, while the value 23.92 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value -0.21 is supported by the yearly ESP growth of 63.80%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.10%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 87.90% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in LSCC Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in LSCC in the recent period. That is how T. Rowe Price Associates, Inc. now has an increase position in LSCC by 8.15% in the first quarter, owning 17.65 million shares of LSCC stocks, with the value of $228.62 million after the purchase of an additional 1,330,618 shares during the last quarter. In the meanwhile, The Vanguard Group, Inc. also increased their stake in LSCC shares changed 12.91% in the first quarter, which means that the company now owns 13.37 million shares of company, all valued at $173.13 million after the acquisition of additional 1,529,001 shares during the last quarter.

Lion Point Capital LP acquired a new position in Lattice Semiconductor Corporation during the first quarter, with the value of $114.75 million, and Dimensional Fund Advisors LP increased their stake in the company’s shares by 0.56% in the first quarter, now owning 25,368 shares valued at $59.12 million after the acquisition of the additional 4.56 million shares during the last quarter. At the present, 87.90% of LSCC shares are in the ownership of institutional investors.

Lattice Semiconductor Corporation, LSCC, NASDAQ:LSCC, LSCC stock, LSCC stock price

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Traders Focused Stock: NVIDIA Corporation (NASDAQ:NVDA)

Trading Statistics: NVIDIA Corporation (NASDAQ:NVDA) closed its previous trading session at $170.19 with the loss of -2.14%. The company’s market …

Trading Statistics:

NVIDIA Corporation (NASDAQ:NVDA) closed its previous trading session at $170.19 with the loss of -2.14%. The company’s market cap is $108.69 Billion, and the average volume is 13.15 Million. The Price to Sales (P/S) ratio of the stock is 9.28, while P/B (Price to Book) stands at 11.07. When we look at the Volatility of the company, Week Volatility is at 3.29% whereas Month Volatility is at 2.79%.

Earnings Forecast:

An earnings forecast is an analyst’s outlook for a company’s future quarterly or annual earnings. Future earnings predictions are perhaps the most essential input when trying to value a company.

25 analysts on average are expecting NVIDIA Corporation to report earnings of $1.11 per share for the current quarter. The Lower end of the earnings estimate is $0.84, while the higher end of the earnings estimate is $1.31. Comparatively, NVDA posted earnings of $1.77 per share in the same quarter, a year earlier.

Revenue Forecast:

Analysts’ ultimate objective when projecting revenue is to determine the appropriate value for a stock.

31 analysts on average are expecting the company to report revenue of $2.54 Billion for the current quarter. The Higher end of the revenue forecast is $2.76 Billion, while the Lower end of the forecast is $2.38 Billion. NVDA generated revenue of $3.33 Billion in the same quarter, one year ago.

Price Target Estimates:

Price targets show what analysts believes a stock will be worth at the end of a certain time period. Price Target plays a critical role when it comes to the analysis of a Stock.

Analysts on average have given a price target of $186.74 to NVIDIA Corporation (NASDAQ:NVDA) stock.

(According to data compiled by finviz)

Simple Moving Average Analysis:

Moving average is significant analytical tool used to discover current price trends and the possibility for a change in an established trend. Simple moving average analysis helps investors to quickly identify if a security is in an uptrend or downtrend.

According to Finviz reported data, The SMA20 of the stock is at -7.74 percent, SMA50 is -3.6 percent, while SMA200 is -13.7 percent.

Return on Assets (ROA) Analysis:

ROA ratio indicates how profitable a company is relative to its total assets. The return on assets ratio shows how well management is employing the company’s total assets to make a profit. The bigger the return, the more efficient management is in utilizing its asset base. The ROA ratio is calculated by comparing net income to average total assets, and is expressed as a percentage.

NVIDIA Corporation (NASDAQ:NVDA) currently has a Return on Assets (ROA) value of 32.3 Percent.

Return on Investment (ROI) Analysis:

Return on Investment measures the amount of return on an investment relative to the investment’s cost. The Return on Investment (ROI) ratio of NVIDIA Corporation (NASDAQ:NVDA) is 32.5 percent.

Return on Equity (ROE) Analysis:

ROE ratio is a measure of profitability which calculates how much dollars of profit a firm makes with every dollar of stakeholder’s equity. An increasing ROE indicates that a company is improving its ability to make profit without requiring as much capital.

Usually, the ROE ratio’s between 12-15 percent are considered desirable. The Return on Equity ratio of NVIDIA Corporation (NASDAQ:NVDA) is 46.9 percent, according to data compiled by Finviz

Analysts Ratings:

A stock rating usually tells investors how well a stock’s market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.3 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell.

Analyst Recommendation And Revisions:

NVIDIA Corporation was covered by a number of analysts recently, 9 rated the stock as Buy, 11 rated Hold, 1 rated sell and 1 gave an Underperform.

Stock Price Analysis:

The purpose of a stock price analysis is to study the behaviour of stock prices. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them.

NVIDIA Corporation (NASDAQ:NVDA) stock price fell -32.03 percent over the past one year, while decreased -19.63 percent during the past 6 months. The stock plummeted -10.08 percent over the past month and rose 27.48 percent year-to-date. The stock’s quarterly performance represents optimistic momentum of 15.45 percent.

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4 Best Real Estate Mutual Funds for Stunning Gains

Investing in the real estate sector adds stability to a portfolio, mainly because volatility in property prices is far less than what is experienced by stocks.

Investing in the real estate sector adds stability to a portfolio, mainly because volatility in property prices is far less than what is experienced by stocks. So, investors willing to hold long-term positions would do well to consider real estate mutual funds as they add stability and bring steady returns to a portfolio. This category of funds also offers superior protection against inflation and is a solid investment choice.

Below we share with you four best-rated real estate mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.

Artisan Mid Cap Fund Investor Class (ARTMXFree Report) aims for maximum long-term capital appreciation. The fund invests the majority of its assets in common stocks of medium-capitalization companies. According to the fund, a medium-capitalization company is the one that has market capitalization more than that of the smallest company in the Russell Midcap Index and less than thrice the weighted average market capitalization of organizations in it. ARTMX has three-year annualized returns of 15%.

ARTMX carries an expense ratio of 1.18% compared with the category average of 1.19%.

Brown Advisory Small-Cap Growth Fund Investor Shares (BIASXFree Report) aims for long-term capital growth by mostly investing in equity securities. The fund invests the majority of its assets in equity securities of small domestic companies. The fund invests in companies that the fund’s advisor believes has more than average growth prospects. BIASX has three-year annualized returns of 16.3%.

As of March 2019, BIASX held 84 issues, with 4.09% of its assets invested in Waste Connections Inc.

Calvert Equity Fund Class A (CSIEXFree Report) primarily invests its assets in equity securities of companies with market capitalization ranked among the top 1000 U.S.-listed companies. The fund mostly aims for capital appreciation. CSIEX may also invest up to 25% of its assets in U.S. dollar-denominated securities of foreign companies that trade in the United States. CSIEX has three-year annualized returns of 18.1%.

Lance V. Garrison is one of the fund managers of CSIEX since 2015.

Lord Abbett Developing Growth Fund Class A (LAGWXFree Report) aims for capital appreciation by investing in an actively managed and diversified portfolio that comprises developing growth companies. In order to achieve its investment objective, the fund invests mostly in equity securities of companies the portfolio management team thinks demonstrate above-average, long-term growth potential.LAGWX has three-year annualized returns of 24.7%.

LAGWX carries an expense ratio of 0.93% compared with the category average of 1.20%.

To view the Zacks Rank and past performance of all real estate funds, investors can click here to see the complete list of funds.

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Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

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Accelerate Launches Initial Suite of Alternative Exchange Traded Funds

Each Accelerate Alt ETF listed in the table below has closed the initial offering of units, and those units will start trading on the Toronto Stock Exchange …

CALGARY, Alberta, May 10, 2019 (GLOBE NEWSWIRE) — Accelerate Financial Technologies Inc., (“Accelerate”), is pleased to announce the launch of three zero management fee, performance fee only alternative exchange traded funds (“Accelerate Alt ETFs”). Each Accelerate Alt ETF listed in the table below has closed the initial offering of units, and those units will start trading on the Toronto Stock Exchange (“TSX”) today.

“Accelerate was founded with the mission to democratize alternative investments by offering hedge fund and private equity-like strategies in low-cost ETFs accessible by any investor,” said Julian Klymochko, CEO at Accelerate.

Alternative Exchange

Traded Fund
Ticker (TSX) Performance Fee Management Fee
Accelerate Private Equity

Alpha Fund
ALFA 15%1 0.00%
Accelerate Enhanced

Canadian Benchmark

Alternative Fund
ATSX 50%2
Over S&P/TSX 60 Index
0.00%
Accelerate Absolute Return

Hedge Fund
HDGE 20%3 0.00%

Fees are accrued daily and paid quarterly

  1. 15% of outperformance over high watermark
  2. 50% of outperformance over high watermark / S&P/TSX 60 Index
  3. 20% of outperformance over high watermark

Accelerate Private Equity Alpha Fund (TSX: ALFA) The Accelerate Private Equity Alpha Fund seeks to achieve long-term capital appreciation and to replicate the returns of private equity funds over the long term by investing primarily in listed equity securities that are expected to outperform the U.S. equity market, while entering into short positions in respect of listed equity securities in this market. ALFA uses derivatives to gain exposure to its short portfolio and borrows cash to increase its long equities portfolio. The amount of all cash borrowed to finance the purchase of equity securities and the aggregate notional amount of derivatives used for non-hedging purposes will not exceed the limits permitted under applicable securities legislation.

Accelerate Enhanced Canadian Benchmark Alternative Fund (TSX: ATSX) The Accelerate Enhanced Canadian Benchmark Alternative Fund seeks to achieve long-term capital appreciation and a superior risk-adjusted return relative to the broader Canadian equity market. ATSX seeks to outperform the Canadian equity market over the long term by investing primarily in Canadian and foreign issuers listed on an exchange or marketplace in Canada that represents the broad Canadian listed equity market and using a long-short overlay portfolio to seek to add positive absolute return. ATSX may use derivatives to gain exposure to its long portfolio. The aggregate market value of the securities sold short and the aggregate notional amount of derivatives used for non-hedging purposes will not exceed the limits permitted under applicable securities legislation.

Accelerate Absolute Return Hedge Fund (TSX: HDGE) The Accelerate Absolute Return Hedge Fund seeks to achieve long-term capital appreciation and a superior risk-adjusted return relative to the broader Canadian equity market. HDGE seeks to outperform the Canadian equity market over the long term with lower volatility by investing primarily in listed equity securities that are expected to outperform this market, while selling short certain listed equity securities that are expected to underperform this market. The aggregate market value of the securities sold short will not exceed the limits permitted under applicable securities legislation.

About the Accelerate Alt ETFs

Performance fees, brokerage fees and expenses all may be associated with investments in the Accelerate Alt ETFs. Please read the prospectus or ETF Facts document before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns.

About Accelerate Financial Technologies Inc.

Accelerate is committed to leading innovation in financial services, developing a suite of alternative exchange-traded funds for investors seeking long-term performance.

Accelerate was established by a team with a track record of successfully managing award-winning hedge funds and is disrupting the asset management industry by offering institutional-caliber investment strategies previously reserved for wealthy investors at a fee significantly lower than competitors.

For further information:

For investor inquiries: Contact Accelerate at 1-855-892-0740 (toll-free), info@acceleratefintech.com; For media inquiries: Contact Michael Lee Hing, COO, Accelerate, (403) 975-5294, mleehing@acceleratefintech.com.

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