Richtech Robotics Inc. (NASDAQ:RR - Free Report) - HC Wainwright issued their FY2027 earnings estimates for Richtech Robotics in a research note issued to investors on Monday, February 2nd. HC Wainwright analyst S. Buck anticipates that the company will post earnings of ($0.03) per share for the year. HC Wainwright has a "Buy" rating and a $6.00 price objective on the stock.
Richtech Robotics (NASDAQ:RR - Get Free Report) last released its quarterly earnings results on Tuesday, January 20th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.01. The business had revenue of $1.44 million for the quarter, compared to analyst estimates of $1.31 million. Richtech Robotics had a negative net margin of 312.09% and a negative return on equity of 13.08%.
Other research analysts have also issued reports about the stock. Weiss Ratings restated a "sell (e+)" rating on shares of Richtech Robotics in a report on Monday, December 22nd. Wall Street Zen raised Richtech Robotics from a "strong sell" rating to a "hold" rating in a research report on Friday, January 23rd. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $4.50.
View Our Latest Analysis on RR
Richtech Robotics Stock Up 0.8%
RR opened at $3.61 on Tuesday. The firm has a market cap of $776.51 million, a P/E ratio of -25.79 and a beta of -3.63. The business's fifty day simple moving average is $3.83 and its 200 day simple moving average is $3.73. Richtech Robotics has a 52 week low of $1.37 and a 52 week high of $7.43.
Hedge Funds Weigh In On Richtech Robotics
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RR. Bogart Wealth LLC purchased a new stake in Richtech Robotics in the 2nd quarter worth approximately $117,000. Vontobel Holding Ltd. bought a new position in Richtech Robotics during the second quarter valued at approximately $143,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Richtech Robotics in the second quarter valued at approximately $526,000. Capital Advisors Inc. OK acquired a new stake in Richtech Robotics in the second quarter valued at approximately $195,000. Finally, Exchange Traded Concepts LLC bought a new stake in Richtech Robotics in the third quarter worth approximately $923,000. Institutional investors and hedge funds own 0.01% of the company's stock.
About Richtech Robotics
(
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Richtech Robotics Inc develops, manufactures, deploys, and sells robotic solutions for automation in the service industry. The company offers indoor transport and delivery, sanitation, and food and beverage automation solutions, such as ADAM and ARM worker robots; delivery robots, including Matradee, Matradee X, Matradee L, Richie, and Robbie; and cleaning robots comprising DUST-E SX, and DUST-E MX, as well as accessories, such as bus tubs, cup holders, magnetic tray cases, smartwatches, table location systems, and tray covers.
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