STAAR Surgical (NASDAQ: STAA) is one of 84 public companies in the “Medical Equipment, Supplies & Distribution” industry, but how does it contrast to its peers? We will compare STAAR Surgical to related companies based on the strength of its analyst recommendations, profitability, earnings, dividends, institutional ownership, valuation and risk.
Risk & Volatility
STAAR Surgical has a beta of 1.18, indicating that its share price is 18% more volatile than the S&P 500. Comparatively, STAAR Surgical’s peers have a beta of 1.06, indicating that their average share price is 6% more volatile than the S&P 500.
Valuation and Earnings
This table compares STAAR Surgical and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|STAAR Surgical||$84.48 million||-$672,999.00||-120.91|
|STAAR Surgical Competitors||$827.23 million||$159.49 million||36.42|
STAAR Surgical’s peers have higher revenue and earnings than STAAR Surgical. STAAR Surgical is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
This is a summary of current ratings and target prices for STAAR Surgical and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|STAAR Surgical Competitors||168||1119||2456||89||2.64|
STAAR Surgical currently has a consensus price target of $14.00, suggesting a potential upside of 5.26%. As a group, “Medical Equipment, Supplies & Distribution” companies have a potential upside of 9.34%. Given STAAR Surgical’s peers higher probable upside, analysts clearly believe STAAR Surgical has less favorable growth aspects than its peers.
This table compares STAAR Surgical and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|STAAR Surgical Competitors||-127.09%||-36.26%||-10.19%|
Institutional and Insider Ownership
76.5% of STAAR Surgical shares are held by institutional investors. Comparatively, 63.1% of shares of all “Medical Equipment, Supplies & Distribution” companies are held by institutional investors. 3.4% of STAAR Surgical shares are held by company insiders. Comparatively, 12.9% of shares of all “Medical Equipment, Supplies & Distribution” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
STAAR Surgical beats its peers on 7 of the 12 factors compared.
STAAR Surgical Company Profile
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. It makes lenses used across the world in corrective or refractive surgery, and makes lenses for use in surgery that treats cataracts. Its refractive surgery corrects the types of visual disorders that glasses or contact lenses have treated (myopia, hyperopia, astigmatism and presbyopia). Its refractive surgery corrects the types of visual disorders that glasses or contact lenses have treated (myopia, hyperopia, astigmatism and presbyopia). As of December 30, 2016, it sold its products in more than 60 countries, with direct distribution in the United States, Canada, Japan and Spain, and independent distribution in the remainder of the world.
Receive News & Ratings for STAAR Surgical Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STAAR Surgical Company and related companies with MarketBeat.com's FREE daily email newsletter.