I Am Upgrading My Price Target For Kopin Heading Into The Consumer Electronics Show 2018 – Kopin Corporation (NASDAQ:KOPN)

Since early 2015, I have consistently advocated a $4.50 per-share intrinsic value for Kopin (KOPN) based on cash on-hand and their massive wearables IP portfolio with over 300 patents. Validating my forecast, Kopin traded at $4.52 per-share on September 19, 2017, although it has since turned south and closed at $3.35 per-share on November 24, 2017.

Despite the recent weakness, I now believe Kopin is about to fly right past $5.00 per-share following the Consumer Electronics Show (CES) in January. In fact, I believe the market will start to value Kopin as a $7.00 to $10.00 stock in 2018 once the company’s massive wearable revenue growth opportunity is finally digested by analysts. Here’s why:

Five New AR/VR Headsets Will Be Shown At CES

As stated in their Q3 2017 quarterly release, five new AR/VR headsets will be shown at CES with Kopin wearable technology components inside. A new version of the Solos cycling AR smartglasses is one. I believe we may see a mobile VR headset with their new OLED micro displays as a result of the Goertek partnership. Additionally, we will likely see the first Whisper noise cancellation headset design wins with one or more customers. The unveiling of several headsets from customers will finally mark the beginning of a wave of new AR and VR business for Kopin – hopefully with large Consumer Electronics companies as those customers.

Enterprise AR Dominance

As I have written about extensively, Kopin is inside all volume shipping head-worn Enterprise AR devices from Google, RealWear, Scott Safety, Fujitsu and Vuzix among others. It is clear that AR will succeed in the enterprise segment before we see broad adoption in the consumer space. Kopin has demonstrated that they are dominating this space with key early design wins for their AMLCD micro displays, unique optics, and Whisper noise cancellation chip. Look for Kopin to realize $50-$100 per unit in revenue as shipments ramp from the aforementioned companies. Con census is that total enterprise AR unit shipments will ramp into the millions by 2020 and I see Kopin benefiting disproportionately.

Significant Transactions By Those “In The Know”

In January of 2017, Goertek took at 10.1% stake in Kopin at a price of $3.25 per-share. For those who are not aware, Geortek is the largest Original Device Manufacturer of VR and AR headsets in the world. Many consider Goertek to be the “FOXCONN of wearables.” Major Consumer Electronics companies already use Goertek to design and manufacture VR headsets. The reason Goertek has partnered with, and invested in, Kopin is to access the full suite of AMLCD & OLED micro display, optical, and Whisper noise cancellation technology that Kopin offers. Geortek and Kopin have already designed a mobile VR headset called “Elf” which uses Kopin’s new OLED micro display technology.

In addition to Goertek’s investment, the company’s CEO Dr. John Fan purchased 250,000 shares at $3.21 per-share on November 9, 2017. I see this sizable purchase by the CEO as further validation that Kopin’s share price is likely undervalued at current levels.

These two large transactions by industry insiders tell us that there is significant upside from $3.25 per-share.

Long term, I see Kopin trading north of $20.00 per share once revenue starts to ramp with broad AR and mobile VR adoption. Millions of AR and VR devices will ship annually with Kopin technology inside at that point. On the path to that valuation, I see Kopin trading between $7.00 and $10.00 following CES.

Disclosure: I am/we are long KOPN.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Steer Clear of Nvidia Corporation Until After Earnings

NVDA earnings might be a “sell the news” event

Nvidia Corporation (NASDAQ:NVDA) stock has been on a huge rally recently. NVDA stock is up more than 15% over the past month and has solidly overtaken the $200 level.

NVDA Stock Isn't Bulletproof, But It Might Be Close

Source: Shutterstock

It seems like this is a growth stock that just can’t be stopped.

But it pays to remember that every once and a while, earnings are a road bump in this growth story. Just look at the most recent earnings report. Despite big beats, NVDA stock dropped more than 5%. The same thing happened in February 2017, when a big earnings beat resulted in NVDA stock dropping.

What do those two earnings reports have in common?

NVDA stock had rallied big into both of those prints. But when NVDA doesn’t rally big into earnings, NVDA stock tends to jump big on solid numbers. See the May 2017 and November 2016 reports.

Overall then, NVDA earnings are a “sell the news” event when the stock has rallied big into the report. They are a “buy the surprise” event when the stock has been flattish into the report.

Watch Out For NVDA Earnings

Where does NVDA find itself today?

Well, the stock has rallied 33% since the last earnings report. That puts NVDA stock in the ballpark of where it was prior to the August 2017 and February 2017 reports. Prior to the August 2017 report, NVDA stock had run up 35% since the last earnings report. Prior to the February 2017 report, NVDA stock had run up 32% since the prior earnings report.

After both the August and February 2017 reports, NVDA stock dropped.

Consequently, it looks like NVDA earnings are a “sell the news” event this time around. I expect shares to drop in response to the quarterly numbers. My conviction in this is strengthened by looking at how Advanced Micro Devices, Inc. (NASDAQ:AMD) stock dropped after its strong quarterly report.


Article printed from InvestorPlace Media, https://investorplace.com/2017/11/exercise-caution-nvidia-nvda-stock-ahead-earnings/.

©2017 InvestorPlace Media, LLC

Institutional Ownership And Insider Trading At Symantec Corporation (SYMC) – Economics and money

Symantec Corporation (NASDAQ:SYMC) has seen its stock price gain 8.61, or +36.04%, so far in 2017. In the past 3-month period alone, shares of SYMC have appreciated +1.47 – or +4.74%. The stock’s 52-week range is $22.76 to $34.20, and its 3-month range is $27.67 to $34.20.

The average Wall Street analyst rating for Symantec Corporation is Hold, according to the average of 19 analyst scores. Of those analysts, 5 rate stock as a Strong Buy, 12 rate it as Hold, and just 1 analyst rates it as a Moderate Sell.

Insider Trading Activity for Symantec Corporation

Looking at a public company’s insider trading can give great insight into how the stock is performing. Symantec Corporation has had 21 insider trades in the last 3 months, including 0 open market buys and 21 sells. Of those insider trades, 0 shares of Symantec Corporation were purchased and 1.67 million shares were sold. The total number of shares traded in the last 90-day period is 1.67 million.

Insider trading over the last 12 months, however, paints a different picture. In the last year there have been a total of 94 insider trades, including 19 open market buys and 75 sells. Of those transactions, there were 678,109 shares of SYMC bought and 2.68 million shares sold. The total number of shares traded in the last 12 months is 3.35 million.

The most recent open market insider trade was Automatic Sell of 2,500 shares on a day where the closing price was 32.81. The insider, VAUTRINOT SUZANNE M, now holds 27,825 shares of SYMC.

The most recent non open market insider trade was completed by CAPPELLANTI-WOLF AMY L. on 09/01/2017, and was a disposition of 6,744 shares with a final price of $29.86. The insider now holds 115,997 shares of Symantec Corporation (SYMC).

Examining Institutional Ownership at Symantec Corporation (NASDAQ:SYMC)

According to Symantec Corporation’s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 93.61%. The total amount of shares outstanding is 610.13 million, giving the company a market capitalization of about 19.83 billion.

There are 591 institutional holders with active positions, accounting for 575.28 million shares in total. Of those holders, 241 had increased positions amounting to 70.84 million shares, 268 had decreased positions amounting to 74.56 million shares, and 82 holders have a held position accounting for 429.87 million shares.

The top 5 institutional holders, in ascending order, are as follows: CAPITAL WORLD INVESTORS with 75.82 million shares, VANGUARD GROUP INC with 61.2 million shares, BLACKROCK INC. with 40.85 million shares, FRANKLIN RESOURCES INC with 35.79 million shares, and STATE STREET CORP with 26.08 million shares.

According to Symantec Corporation (SYMC) most recent 13F filing, the company has 65 new institutional holders – accounting for 16.03 million shares of its common stock. There were 75 sold out positions, amounting to 33.08 million shares.

Analyst’s Bullish on these two stock Following meeting with Industry: Symantec Corporation (SYMC), Skechers U.S.A., Inc. (SKX)

Symantec Corporation (NASDAQ:SYMC) market capitalization at present is $19.77B at the rate of $32.41 a share. The firm’s price-to-sales ratio was noted 0.00 in contrast with an overall industry average of 88.74. Most of the active traders and investors are keen to find ways to compare the value of stocks. The price-to-sales ratio offers a simple approach in this case. They just need to take the company’s market capitalization and divide it by the company’s total sales over the past 12 months. The lesser the ratio, the more attractive the investment. During the key period of last 5 years, Symantec Corporation (NASDAQ:SYMC) sales have annually surged -9.80% on average, however its earnings per share growth remained at -17.50%.

How Company Returns Shareholder’s Value?

Dividends is a reward scheme, that a company presents to its shareholders. There can be various forms of dividends, such as cash payment, stocks or any other form. This payment is usually a part of the profit of the company. A company’s dividend is mostly determined by its board of directors and it requires the shareholders’ approval. Symantec Corporation (NASDAQ:SYMC) for the trailing twelve months paying dividend with the payout ratio of -% to its shareholders. Currently it is offering a dividend yield of -% and a 5 year dividend growth rate of -%. Over the last year Company’s shares have been trading in the range of $22.76 and $34.20. However yesterday the stock remained in between $31.89 and $32.44. The stock is above its 52-week low with 42.40% and is in the wake of its 52-week high with -5.23%.

Performance & Technicalities

In the latest week Symantec Corporation (NASDAQ:SYMC) stock volatility was recorded 1.82% which for the previous full month was noted 1.66%. Meanwhile the stock weekly performance was positive at 0.59%, which was down for the month at -1.22%. Likewise, the upbeat performance for the last quarter was 3.91% and for the full year it was 30.27%. Moreover the Company’s Year To Date performance was 35.66%. Now a days one of the fundamental indicator used in the technical analysis is called Stochastic %D”, Stochastic indicator was created by George Lane. The stochastic is a momentum indicator comparing the closing price of a security to the range of its prices over a fix period of time. The gauge is based on the assumption that if price surges, the closing price tends towards the values that belong to the upper part of the area of price movements in the preceding period. On the other hand if price drops, the contrary is right. For Symantec Corporation (NASDAQ:SYMC), Stochastic %D value stayed at 31.61% for the last 9 days. Considering more the value stands at 44.08% and 32.80% for 14 and 20 days, in that order.

Skechers U.S.A., Inc. (NYSE:SKX) closed at $33.04 a share in the latest session and the stock value rose almost 34.42% since the beginning of this year. The company has managed to keep price to sales ratio of – against an industry average of 88.74. The price to sales ratio is the ratio of the market value of equity to the sales. This ratio is internally not steady, since the market value of equity is divided by the total revenues of the firm. Its revenue stood at 17.30% a year on average in the period of last five years. Firm’s net income measured an average growth rate of 40.00%. Following last close company’s stock, is 24.32% above their SMA 50 and -5.25% below the 52-week high. A simple moving average (SMA) is an mathematical moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. Its most recent closing price has a distance of 20.71% from SMA20 and is 24.66% above than SMA200.

In-Depth Technical Study

Investors generally keep an extensive variety of technical indicators at their disposal for completing technical stock analysis. The average true range is a moving average, generally 14 days, of the true ranges.

The average true range (ATR) was fashioned to allow traders to more precisely evaluate the daily volatility of an asset by using straightforward calculations. However the indicator does not specify the price direction, rather it is used first and foremost to measure volatility caused by gaps and limit up or down moves. The ATR is fairly simple to calculate and only needs historical price data.

ATR is counted for different periods, like 9-day, 14-day, 20-day, 50-day and 100-day. At the moment, the 14-day ATR for Skechers U.S.A., Inc. (NYSE:SKX) is noted at 1.16.

Shares to buy from the think tanks: Symantec Corporation (NASDAQ: SYMC) – News Journal

Symantec Corporation (NASDAQ: SYMC), is in the industry Security Software & Services. Based in USA, Symantec Corporation has a market cap of 19.58B. Therefore, Symantec Corporation is a large market cap stock. Today it is currently trading at $32.09 (0.72%), with an average volume 6.14B, its volume today is 4024.56B.

Investors has seen a return of equity of -10.20%. Performance year to date of 34.32% and sales growth for the past five years is -9.80%.

Currently Symantec Corporation, has an EPS of -0.67, which has grown by 68.80% this year. EPS is also projected to grow 12.36% next year, and 1.90% for the next five years. For the past five years EPS growth has been -17.50%. Sales growth quarter over quarter is 32.90%, with EPS growth quarter over quarter coming to a value of -269.70%.

As with most large market cap stocks, it has a good dividend yield of 0.93%. The ability for Symantec Corporation to pay for the 0.93% dividend yield is *tba payout ratio. Also generally volatility for large market cap stocks are lower so for Symantec Corporation, volatility for the week has been 1.85%, and for the month 1.67%.

It has been a long while for Symantec Corporation, since its IPO date on 3/26/1990. Investors at the moment see that Symantec Corporation, has a long term debt/equity of 1.83, with total debt/equity coming to 1.83. The ability for Symantec Corporation to pay these debts is as follows; current ratio is 1 and quick ratio comes to 1.

In terms of value, Symantec Corporation has a P/E value of *tba, combined with a forward P/E of 15.9. While PEG ratio ideally wants to be as low as possible, and it is *tba. The same goes for P/S and P/B, you want these value to be lower, to represent a potential undervalued company, and they have a P/S and P/B of 4.54 and 5.77 respectively. We see that there is a P/Cash flow of *tba and a P/Free cash flow of 43.51.

The management of the company has seen, a return of investment of -0.60% and return on assets of -2.20%. Symantec Corporation is comprised of insider ownership at 0.50% and institutional ownership of *tba.

With a gross margin of 77.70% and operating margin of -5.80%, this means there is a profit margin of -8.70%. Total shares outstanding is 610.13, with shares float coming to 608.31. The 200-day simple moving average is 6.47% and the 20-day simple moving average is -1.17%.

Symantec Corporation is based in USA, in the very big sector Technology. Recently Symantec Corporation has seen performance for this week at -1.75%. While for the month it has been -2.96%. Longer term we see that it has been 3.55% for the quarter and for the half year -0.09%. For the year performance has come to 28.72%.

It will be interesting to see how Symantec Corporation does in the future, and for investors alike. As stated above, it has an EPS growth projection for the next five years of 1.90%. What do you think is the future for Symantec Corporation?

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.