EYESW (Second Sight Medical Products) 3-Year Share Buyback Ratio: -60.40% (As of Jun. 2022)

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What is Second Sight Medical Products 3-Year Share Buyback Ratio?

Second Sight Medical Products EYESW 3-Year Share Buyback Ratio is -60.40 as of Jun. 2022. The stock has 1 warning sign investors should review.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Second Sight Medical Products's current 3-Year Share Buyback Ratio was -60.40%.

The historical rank and industry rank for Second Sight Medical Products's 3-Year Share Buyback Ratio or its related term are showing as below:

EYESW' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -60.4   Med: -24.9   Max: -1.3
Current: -60.4

During the past 10 years, Second Sight Medical Products's highest 3-Year Share Buyback Ratio was -1.30%. The lowest was -60.40%. And the median was -24.90%.

EYESW's 3-Year Share Buyback Ratio is not ranked
in the Medical Devices & Instruments industry.
Industry Median: -2.6 vs EYESW: -60.40

Second Sight Medical Products (NAS:EYESW) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Second Sight Medical Products 3-Year Share Buyback Ratio Related Terms

EYESW vs SONX, LUCD, LHDX: 3-Year Share Buyback Ratio Comparison

For the Medical Devices subindustry, Second Sight Medical Products's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Second Sight Medical Products 3-Year Share Buyback Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Second Sight Medical Products's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Second Sight Medical Products's 3-Year Share Buyback Ratio falls into.


Second Sight Medical Products 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Share Buyback Ratio of -60.40 mean?
Second Sight Medical Products (EYESW) has a 3-Year Share Buyback Ratio of -60.40 as of Jun. 2022. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Second Sight Medical Products and its competitors.
Is Second Sight Medical Products' 3-Year Share Buyback Ratio too high?
Second Sight Medical Products' current 3-Year Share Buyback Ratio is -60.40.
How does Second Sight Medical Products' 3-Year Share Buyback Ratio compare to SONX and LUCD?
Second Sight Medical Products' 3-Year Share Buyback Ratio of -60.40 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Medical Devices & Instruments company?
A good 3-Year Share Buyback Ratio depends on the Medical Devices & Instruments industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Second Sight Medical Products and its competitors. Second Sight Medical Products's current 3-Year Share Buyback Ratio is -60.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Second Sight Medical Products stock overvalued right now?
Second Sight Medical Products (EYESW) has a current 3-Year Share Buyback Ratio of -60.40. The current 3-Year Share Buyback Ratio is -60.40. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Second Sight Medical Products (EYESW), the current 3-Year Share Buyback Ratio is -60.40 as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Second Sight Medical Products Business Description

Address 13170 Telfair Avenue, Sylmar, CA, USA, 91342
Second Sight Medical Products Inc develops, manufactures, and markets implantable prosthetic devices to create an artificial form of useful vision for blind individuals. The company's product Argus II System treats outer retinal degenerations, such as Retinitis Pigmentosa, often referred to as RP. The company generates revenue from the sale of its Argus II retinal prosthesis systems, which include the implant and external components. Geographically, the company operates in the United States, Italy, China, and of which key revenue is derived from the United States.