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How to Buy Staar Surgical Co Stock

Staar Surgical Co

STAAR Surgical Company, together with its subsidiaries, designs, develops, manufactures, markets, and sells implantable lenses for the eye, and companion delivery systems to deliver the lenses into the eye.

Staar Surgical Co stock last closed at $46.77, up 0.93% from the previous day, and has decreased 31.42% in one year. It has underperformed other stocks in the Medical Instruments & Supplies industry by 0.19 percentage points. Staar Surgical Co stock is currently +75.46% from its 52-week low of $26.66, and -36.05% from its 52-week high of $73.13.

At the moment, there are 48.87M STAA shares outstanding. The market capitalization of STAA is $2.29B. In the past 24 hours, 380,627 STAA shares were traded.

How to Buy Staar Surgical Co Stock

Not sure how to invest in Staar Surgical Co stock? Here's how.
  1. Figure out where to buy Staar Surgical Co stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Staar Surgical Co stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Select your payment method and add your information.
  4. Analyze Staar Surgical Co stock: The Staar Surgical Co ticker symbol is STAA. Is Staar Surgical Co stock a good investment? Should you buy shares of STAA? How do STAA's underlying business fundamentals look? Do top analysts think Staar Surgical Co is a good buy? Why has STAA's stock price moved recently? (Hint: Our stock research website can help you figure out if STAA is a good stock to buy).
  5. Make your STAA trade: Decide if you will purchase STAA shares at the current market price or use a limit order to buy STAA shares at a particular price.
  6. Keep an eye on your investment in STAA: Create a watchlist to keep tabs on your investment in Staar Surgical Co stock.

Step 1: Figure out where to buy Staar Surgical Co stock

You need an online brokerage account to access the NASDAQ market and buy STAA shares.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked the best brokerage, you need to fill out some personal information so you are able to invest in STAA today.

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Step 3: Fund your brokerage account

Now that you've opened your account on the best free stock trading app, your next step is to transfer the money for your investment:

Watch the tutorial below to see the process of depositing funds into your brokerage account.

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Step 4: Analyze Staar Surgical Co stock

Once you have figured out the best place to buy Staar Surgical Co stock, it's very important to analyze their stock prior to investing, so you actually comprehend the risk as well as the upside.

Staar Surgical Co shares at a glance

STAA Price
$46.77
1w %
-9.36%
1y %
-31.42%
5y %
49.86%
P/E
106.3x
P/B
5.92x
P/S
7.04x
PEG
0.84x
Revenue
$322.42M
Earnings
$21.35M
Fore. Rev. Growth
11.06%
Fore. Earn. Growth
139.79%
Market Cap
$2.29B
Next Earnings
May 1, 2024
Next Dividend
N/A

STAA Overview

WallStreetZen was built to help part-time investors perform more accurate fundamental analysis quickly.

You can view all of the due diligence checks on STAA's stock page.

Is STAA stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge STAA's intrinsic value.

Using relative valuations ratios:

  • STAA could be overvalued based on its P/E ratio of 106.3x, relative to Medical Instruments & Supplies industry P/E ratio of 49.62x
  • STAA could be overvalued based on its P/B ratio of 5.92x, relative to Medical Instruments & Supplies industry P/B ratio of 3.48x
  • STAA could be undervalued based on its PEG ratio of 0.84x

You can access more valuation analysis on STAA's stock here.

STAA Financial Summary

Passed Health Checks:

  • STAA has a low debt to equity ratio of 0.27.
  • STAA has cash burn of 3594000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the STAA balance sheet.
  • STAA has $220.73M in cash and short term investments. This is enough to cover its annual cash burn of $3.59M.
  • There are more short-term assets than long-term liabilities on the STAA balance sheet.

Failed Health Checks:

  • STAA profit margin has gone down from 13.9% to 6.6% in the past year.
  • Total STAA debt is higher than 5 years ago, relative to shareholder equity.

Is it a good time to buy Staar Surgical Co stock, according to Wall Street analysts?

Out of 6 Wall Street analysts who give forecasts on STAA, the consensus analyst rating on STAA is a Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

Most Recent STAA Analyst Upgrades/Downgrades

David Saxon, a top 14% analyst from Needham maintains STAA with a buy rating and lowers their STAA price target from $52.00 to $49.00, on Nov 2, 2023.

You can dig deeper into what analysts are forecasting on the Staar Surgical Co stock forecast page.

Metrics for Advanced STAA Traders

SMA10
48.88
SMA20
43.85
SMA50
37.68
SMA100
34.4
SMA200
38.98
MACD
3.14
MACD Signal
3.37
MACD Histogram
-0.23
RSI
60.55
Stochastic %K
60.67
Stochastic %D
63.96
StochRSI %K
4.76
StochRSI %D
16.43

STAA Growth Metrics

Last year, STAA earnings were $21.35M. In the last five year, STAA's earnings have increased by 29.67% per year. This was faster than the Medical Instruments & Supplies industry average of 16.35%.

Last year, STAA revenue was $322.42M. Over the last five year, STAA's revenue has grown by 21.07% per year. This was faster than the Medical Instruments & Supplies industry average of 9.47%.

You can research STAA's earnings and revenue performance here.

Are STAA executives and large shareholders buying or selling the stock?

In the past year, insiders at STAA have bought more shares than they have sold.

Aimee S. Weisner, Director of STAA, was the latest STAA insider to buy. They bought $66,692.50 worth of STAA shares on Mar 14, 2024.

Dig into more about who owns STAA stock here.

Does STAA stock generate passive income?

No, Staar Surgical Co doesn't provide an income stream by paying out dividends.

What others are saying about STAA

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Step 5: Make your STAA trade

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price, place a limit order.

Press the Open Trade button and eToro will execute the order.

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Step 6: Keep an eye on your investment in STAA

Now that you own some shares in STAA, you'll want to keep up with your investment.

Add STAA to a watchlist to monitor your STAA stock.

STAA Feed

How to Buy Stock in Staar Surgical Co

To reiterate, here are the 6 steps you need to take to buy Staar Surgical Co stock right now:

  1. Figure out where to buy Staar Surgical Co stock
  2. Sign up for your brokerage account
  3. Fund your brokerage account
  4. Analyze Staar Surgical Co stock
  5. Make your STAA trade
  6. Keep an eye on your investment in STAA

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your investment in Staar Surgical Co, create a watchlist on WallStreetZen today.

NASDAQ: STAA
$46.77+0.43 (+0.93%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: STAA
$46.77+0.43 (+0.93%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Staar Surgical Co share?

As of Apr 18, 2024, it costs $46.77 to buy one share of Staar Surgical Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.214 shares of STAA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Staar Surgical Co stock?

According to 6 Wall Street analysts who monitor Staar Surgical Co, their consensus recommendation is to buy Staar Surgical Co stock.

What is the best way to buy Staar Surgical Co stock?

One way to place an order for Staar Surgical Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.