Headlines about STAAR Surgical Company (NASDAQ:STAA) have trended positive this week, according to AlphaOne Sentiment Analysis. The research firm, a division of Accern, scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. STAAR Surgical Company earned a news impact score of 0.40 on AlphaOne’s scale. AlphaOne also gave media headlines about the medical instruments supplier an impact score of 30 out of 100, indicating that recent media coverage is unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have impacted AlphaOne’s analysis:
- Intraocular Lens Market Research Report: Comprehensive Analysis and Future Estimations 2024 (sbwire.com)
- STAAR SURGICAL CO : Submission of Matters to a Vote of Security Holders (form 8-K) (4-traders.com)
- Reviewing Inogen (INGN) and STAAR Surgical Company (STAA) (americanbankingnews.com)
- Institutional Investors Lead Shift in World Acceptance Corp (NASDAQ:WRLD) Sentiment (frozenmail.net)
Shares of STAAR Surgical Company (NASDAQ:STAA) traded down 1.03% during midday trading on Friday, hitting $9.60. The stock had a trading volume of 140,151 shares. The firm’s market cap is $392.95 million. The firm has a 50-day moving average of $9.65 and a 200 day moving average of $10.05. STAAR Surgical Company has a 12-month low of $5.12 and a 12-month high of $11.50.
STAAR Surgical Company (NASDAQ:STAA) last announced its earnings results on Wednesday, May 3rd. The medical instruments supplier reported ($0.05) earnings per share for the quarter, meeting the consensus estimate of ($0.05). STAAR Surgical Company had a negative return on equity of 10.83% and a negative net margin of 7.53%. The firm had revenue of $20.35 million during the quarter. During the same quarter in the previous year, the company earned ($0.20) EPS. On average, analysts expect that STAAR Surgical Company will post ($0.15) earnings per share for the current year.
Several equities research analysts have issued reports on the company. Canaccord Genuity restated a “hold” rating and set a $9.00 price objective on shares of STAAR Surgical Company in a report on Friday, March 3rd. Benchmark Co. restated a “buy” rating and set a $12.00 price objective (up from $10.00) on shares of STAAR Surgical Company in a report on Friday, March 3rd. Finally, Zacks Investment Research downgraded STAAR Surgical Company from a “hold” rating to a “sell” rating in a report on Tuesday, May 9th.
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About STAAR Surgical Company
STAAR Surgical Company designs, develops, manufactures and sells implantable lenses for the eye and delivery systems used to deliver the lenses into the eye. It operates in the ophthalmic surgical market segment. Its principal products are intraocular lenses used in cataract surgery and implantable collamer lenses used in refractive surgery.
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