Kopin (KOPN) Projected to Post Earnings on Thursday

Kopin (NASDAQ:KOPN - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Thursday, March 13th. Analysts expect Kopin to post earnings of ($0.02) per share and revenue of $12.41 million for the quarter.

Kopin Stock Up 15.6 %

Shares of KOPN traded up $0.20 during mid-day trading on Friday, reaching $1.48. 3,556,929 shares of the company's stock were exchanged, compared to its average volume of 6,267,831. The company has a 50-day simple moving average of $1.52 and a two-hundred day simple moving average of $1.13. Kopin has a 52-week low of $0.56 and a 52-week high of $2.61. The company has a market cap of $235.03 million, a price-to-earnings ratio of -3.61 and a beta of 2.74.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. HC Wainwright reissued a "buy" rating and set a $3.00 price objective on shares of Kopin in a research note on Wednesday, November 13th. Canaccord Genuity Group boosted their price target on Kopin from $2.00 to $2.50 and gave the company a "buy" rating in a report on Wednesday, January 29th. Finally, StockNews.com downgraded Kopin from a "hold" rating to a "sell" rating in a report on Saturday, December 21st. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $2.63.

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Kopin Company Profile

Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products 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, microLED display technologies, application specific integrated circuits, backlights, and optical lenses; and head-mounted and hand-held VR products.