Richtech Robotics (NASDAQ:RR) Posts Earnings Results, Beats Estimates By $0.01 EPS

Key Points

• Richtech reported EPS of -$0.02 for the quarter, beating consensus of -$0.03 by $0.01, but remains unprofitable with a negative return on equity (23.85%) and a deep negative net margin (-366.21%).
• Shares rose $0.19 to $4.07 on Tuesday (14.89M shares traded vs. a 28.8M average), giving a market cap of about $609.3M and a negative PE of -23.92, with a 12‑month range of $1.37–$7.43 and 50/200‑day moving averages near $3.6.
• Analyst coverage is mixed—two Buys and one Sell for an average rating of "Hold" and a $4.50 target—while institutional activity shows recent buying from firms including JPMorgan, Rhumbline, Envestnet and Goldman Sachs.

Richtech Robotics (NASDAQ:RR - Get Free Report) released its earnings results on Tuesday. The company reported ($0.02) EPS for the quarter, beating analysts' consensus estimates of ($0.03) by $0.01, Zacks reports. Richtech Robotics had a negative return on equity of 23.85% and a negative net margin of 366.21%.

Richtech Robotics Price Performance

Shares of Richtech Robotics stock traded up $0.19 during trading on Tuesday, hitting $4.07. 14,890,030 shares of the company's stock traded hands, compared to its average volume of 28,808,328. Richtech Robotics has a twelve month low of $1.37 and a twelve month high of $7.43. The firm's fifty day moving average price is $3.64 and its 200 day moving average price is $3.57. The company has a market cap of $609.30 million, a PE ratio of -23.92 and a beta of -3.63.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. CreativeOne Wealth LLC acquired a new stake in shares of Richtech Robotics in the third quarter valued at approximately $140,000. JPMorgan Chase & Co. grew its position in Richtech Robotics by 52.3% in the third quarter. JPMorgan Chase & Co. now owns 119,522 shares of the company's stock valued at $513,000 after purchasing an additional 41,033 shares in the last quarter. Rhumbline Advisers grew its position in Richtech Robotics by 30.1% in the third quarter. Rhumbline Advisers now owns 79,395 shares of the company's stock valued at $341,000 after purchasing an additional 18,376 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in Richtech Robotics in the 3rd quarter valued at $241,000. Finally, Goldman Sachs Group Inc. acquired a new stake in Richtech Robotics in the 1st quarter valued at $459,000. Institutional investors and hedge funds own 0.01% of the company's stock.

Analyst Upgrades and Downgrades

RR has been the topic of several analyst reports. Wall Street Zen lowered shares of Richtech Robotics from a "hold" rating to a "sell" rating in a report on Sunday, October 19th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Richtech Robotics in a report on Monday, December 22nd. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Richtech Robotics presently has an average rating of "Hold" and an average target price of $4.50.

About Richtech Robotics

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.