While Glaukos Corporation has underperformed by -6.05%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GKOS fell by -8.30%, with highs and lows ranging from $163.71 to $77.91, whereas the simple moving average fell by -31.35% in the last 200 days.
On February 19, 2025, Mizuho Upgraded Glaukos Corporation (NYSE: GKOS) to Outperform. A report published by Citigroup on December 11, 2024, Upgraded its rating to ‘Buy’ for GKOS. UBS also rated GKOS shares as ‘Buy’, setting a target price of $182 on the company’s shares in an initiating report dated December 06, 2024. Citigroup July 10, 2024d its ‘Buy’ rating to ‘Neutral’ for GKOS, as published in its report on July 10, 2024. Jefferies’s report from May 06, 2024 suggests a price prediction of $125 for GKOS shares, giving the stock a ‘Buy’ rating. JP Morgan also rated the stock as ‘Overweight’.
Analysis of Glaukos Corporation (GKOS)
Further, the quarter-over-quarter increase in sales is 28.09%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Glaukos Corporation’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -23.83% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 5.22, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and GKOS is recording an average volume of 924.84K. On a monthly basis, the volatility of the stock is set at 6.27%, whereas on a weekly basis, it is put at 4.67%, with a loss of -5.08% over the past seven days. Furthermore, long-term investors anticipate a median target price of $154.31, showing growth from the present price of $88.80, which can serve as yet another indication of whether GKOS is worth investing in or should be passed over.
How Do You Analyze Glaukos Corporation Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 3.71%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 101.21% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
GKOS shares are owned by institutional investors to the tune of 101.21% at present.
