Glaukos Corporation (NYSE:GKOS) price on Friday, April 11, rose 0.46% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $90.07.
A look at the stock’s price movement, the close in the last trading session was $89.66, moving within a range at $86.315 and $91.2541. The beta value (5-Year monthly) was 0.88. Turning to its 52-week performance, $163.71 and $77.91 were the 52-week high and 52-week low respectively. Overall, GKOS moved -6.76% over the past month.
Glaukos Corporation’s market cap currently stands at around $5.10 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-19.
Analysts have a consensus estimate of 102.78M for the company’s revenue for the quarter, with a low and high estimate of 100M and 105.5M respectively. The average forecast suggests up to a 20.03% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 479.91M, representing a 25.15% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GKOS is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
20 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 16 recommend GKOS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GKOS’s current price about -7.10% and -22.99% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.64, while 7-day volatility ratio is 11.11% and 6.24% in the 30-day chart. Further, Glaukos Corporation (GKOS) has a beta value of 0.85, and an average true range (ATR) of 7.10. Analysts have given the company’s stock an average 52-week price target of $149, forecast between a low of $120 and high of $185. Looking at the price targets, the low is -33.23% off current price level while to achieve the yearly target high, price needs to move -105.4%. Nonetheless, investors will most likely welcome a -65.43% jump to $149 which is the analysts’ median price.
If we refocus on Glaukos Corporation (NYSE:GKOS), historical trading data shows that trading volumes averaged 1.28 over the past 10 days and 930.08K over the past 3 months. The company’s latest data on shares outstanding shows there are 56.44 million shares.
The 3.71% of Glaukos Corporation’s shares are in the hands of company insiders while institutional holders own 101.28% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.72 million on 2025-03-14, giving us a short ratio of 2.77. The data shows that as of 2025-03-14 short interest in Glaukos Corporation (GKOS) stood at 1037.0 of shares outstanding, with shares short rising to 3.48 million registered in 2025-02-14. Current price change has pushed the stock -39.93% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GKOS stock continues to rise going into the next quarter.
