Should I buy or sell Sarcos Technology and Robotics stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sarcos Technology and Robotics in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" STRC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STRC, but not buy additional shares or sell existing shares. View STRC analyst ratings or view top-rated stocks .

What is Sarcos Technology and Robotics' stock price target for 2024?

2 brokerages have issued 12-month price targets for Sarcos Technology and Robotics' stock. Their STRC share price targets range from $3.00 to $24.00. On average, they expect the company's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 1,935.3% from the stock's current price. View analysts price targets for STRC or view top-rated stocks among Wall Street analysts .

How have STRC shares performed in 2023?

Sarcos Technology and Robotics' stock was trading at $3.3678 at the beginning of the year. Since then, STRC stock has decreased by 80.3% and is now trading at $0.6633. View the best growth stocks for 2023 here .

When is Sarcos Technology and Robotics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 21st 2024. View our STRC earnings forecast .

How were Sarcos Technology and Robotics' earnings last quarter?

Sarcos Technology and Robotics Corporation (NASDAQ:STRC) announced its quarterly earnings results on Monday, November, 8th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by $0.12. The company had revenue of $1.13 million for the quarter, compared to the consensus estimate of $1.50 million. Sarcos Technology and Robotics had a negative trailing twelve-month return on equity of 72.87% and a negative net margin of 1,487.96%.

When did Sarcos Technology and Robotics' stock split?

Sarcos Technology and Robotics shares reverse split on Thursday, July 6th 2023. The 1-6 reverse split was announced on Thursday, July 6th 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, July 6th 2023. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split.

Who are Sarcos Technology and Robotics' major shareholders?

Sarcos Technology and Robotics' stock is owned by many different institutional and retail investors. Top institutional investors include Pursue Wealth Partners LLC (0.36%) and Adage Capital Partners GP L.L.C. (0.32%). Insiders that own company stock include Andrew Hamer, Brian D Finn, Denis Garagic and Kiva A Allgood. View institutional ownership trends .

How do I buy shares of Sarcos Technology and Robotics?

Shares of STRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Sarcos Technology and Robotics Stock Price, News & Analysis (NASDAQ:STRC)

$0.67

+0.00 (+0.27%)

(As of 02:39 PM ET)

Compare

Today's Range: $0.63
▼
$0.69
50-Day Range: $0.51
▼
$0.92
52-Week Range: $0.40
▼
$6.48

Volume: 38,775 shs
Average Volume: 140,043 shs
Market Capitalization: $17.35 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $13.50

Sarcos Technology and Robotics MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 1,935.3% Upside
$13.50 Price Target
Short Interest: Healthy
2.61% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.97 out of 5 stars

Industrial Products Sector

108th out of 152 stocks

General Industrial Machinery, Industry

7th out of 9 stocks

3.0

Analyst's Opinion

Consensus Rating
Sarcos Technology and Robotics has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.50, Sarcos Technology and Robotics has a forecasted upside of 1,935.3% from its current price of $0.66.
Amount of Analyst Coverage
Sarcos Technology and Robotics has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.61% of the float of Sarcos Technology and Robotics has been sold short.
Short Interest Ratio / Days to Cover
Sarcos Technology and Robotics has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sarcos Technology and Robotics has recently increased by 5.59%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Sarcos Technology and Robotics does not currently pay a dividend.
Dividend Growth
Sarcos Technology and Robotics does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for STRC.

2.0

News and Social Media Coverage

News Sentiment
Sarcos Technology and Robotics has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Sarcos Technology and Robotics this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for STRC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sarcos Technology and Robotics insiders have not sold or bought any company stock.
Percentage Held by Insiders
18.30% of the stock of Sarcos Technology and Robotics is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
94.36% of the stock of Sarcos Technology and Robotics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Sarcos Technology and Robotics is -0.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sarcos Technology and Robotics is -0.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Sarcos Technology and Robotics has a P/B Ratio of 0.12. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sarcos Technology and Robotics Stock (NASDAQ:STRC)

Sarcos Technology and Robotics Corporation (NASDAQ: STRC and STRCW) designs, develops, and manufactures a broad range of advanced mobile robotic systems that redefine human possibilities and are designed to enable the safest, most productive workforce in the world. Sarcos robotic systems operate in challenging, unstructured, industrial environments and include teleoperated robotic systems, a powered robotic exoskeleton, and software solutions that enable task autonomy.

STRC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

STRC Stock News Headlines

December 2, 2023 | msn.com

Robotic technology revolutionizing surgical procedures at Genesis

November 24, 2023 | finance.yahoo.com

What You Need To Know About The Sarcos Technology and Robotics Corporation (NASDAQ:STRC) Analyst Downgrade Today

December 5, 2023 | Autonomix (Ad)

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November 17, 2023 | seekingalpha.com

STRC Sarcos Technology and Robotics Corporation

November 16, 2023 | finance.yahoo.com

Sarcos Technology and Robotics Corporation (NASDAQ:STRC) Q3 2023 Earnings Call Transcript

November 14, 2023 | msn.com

Sarcos pivots to robotics AI software platform; cuts workforce by 150 employees

November 14, 2023 | msn.com

Sarcos Technology and Robotics Non-GAAP EPS of -$0.66 misses by $0.07, revenue of $1.8M beats by $0.6M

November 14, 2023 | finance.yahoo.com

Sarcos Pivots to Robotics AI Software Near-Term Opportunity

December 5, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 14, 2023 | finance.yahoo.com

Sarcos Technology and Robotics Corporation Announces Third Quarter 2023 Financial Results

October 25, 2023 | msn.com

Sarcos Technology and Robotics appoints Peterson as CEO

October 25, 2023 | finance.yahoo.com

Sarcos Appoints Laura Peterson as President and Chief Executive Officer

October 17, 2023 | finance.yahoo.com

Sarcos Announces Delivery of Guardian® Sea Class Robotic System to UK Supplier Atlantas Marine

September 28, 2023 | benzinga.com

Sarcos Stock Soars After Robotics Company Secures AI Contract With US Air Force: What You Should Know

September 28, 2023 | msn.com

Scientists transformed a cockroach into a remote-controlled zombie cyborg using an electrical backpack — and no, there’s absolutely nothing to be afraid of

September 27, 2023 | msn.com

Moxi, the Austin health care robot you might see in a hospital, raises millions to expand

September 18, 2023 | news.yahoo.com

Working on robot leads to career shift for TSTC student

September 18, 2023 | businesswire.com

Agility Robotics Opening RoboFab: World’s First Factory for Humanoid Robots

September 5, 2023 | morningstar.com

Sarcos Technology & Robotics Corp Class A

August 21, 2023 | msn.com

Sarcos Technology and Robotics falls after Jefferies downgrades on limited visibility

August 21, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Technology Companies: Sarcos Technology and Robotics (STRC) and Nvidia (NVDA)

August 9, 2023 | finance.yahoo.com

Sarcos Technology and Robotics Corporation Announces Second Quarter 2023 Financial Results

July 27, 2023 | finance.yahoo.com

Sarcos Technology and Robotics Corporation to Report Second Quarter 2023 Financial Results

July 13, 2023 | msn.com

Simbe’s inventory robots score $28 million in funding

July 13, 2023 | msn.com

Delta Air Lines, Conagra Brands And 3 Stocks To Watch Heading Into Thursday

July 12, 2023 | seekingalpha.com

Sarcos to terminate 25% of its workforce, withdraws full-year revenue guidance

July 12, 2023 | finance.yahoo.com

Sarcos Takes Steps to Improve Efficiency, Reduce Cash Spend

See More Headlines

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Company Calendar

Last Earnings: 11/08/2021
Today: 12/05/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/21/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: General industrial machinery,
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NASDAQ:STRC
CUSIP: N/A
CIK: 1826681
Web: N/A
Phone: 888-927-7296
Fax: N/A
Employees: 160
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $13.50
High Stock Price Target: $24.00
Low Stock Price Target: $3.00
Potential Upside/Downside: +1,935.3%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($6.7491)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-157,130,000.00
Net Margins: -1,487.96%
Pretax Margin: -1,486.38%
Return on Equity: -72.87%
Return on Assets: -61.04%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 7.72
Quick Ratio: 7.59

Sales & Book Value

Annual Sales: $14.57 million
Price / Sales: 1.18
Cash Flow: $0.20 per share
Price / Cash Flow: 3.40
Book Value: $5.62 per share
Price / Book: 0.12

Miscellaneous

Outstanding Shares: 25,900,000
Free Float: 21,160,000
Market Cap: $17.18 million
Optionable: Not Optionable
Beta: 2.37

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Key Executives

Mr. Benjamin G. Wolff (Age 54)
Co-Founder & Exec. Chairman
Comp: $621.76k
Ms. Kiva A. Allgood (Age 50)
CEO
Comp: $169.69k
Mr. Jorgen Pedersen (Age 51)
Chief Operating Officer
Dr. Denis Garagic (Age 53)
Chief Technology Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

STRC Stock Analysis - Frequently Asked Questions

Should I buy or sell Sarcos Technology and Robotics stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sarcos Technology and Robotics in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" STRC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STRC, but not buy additional shares or sell existing shares.
View STRC analyst ratings or view top-rated stocks.
What is Sarcos Technology and Robotics' stock price target for 2024?: 2 brokerages have issued 12-month price targets for Sarcos Technology and Robotics' stock. Their STRC share price targets range from $3.00 to $24.00. On average, they expect the company's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 1,935.3% from the stock's current price.
View analysts price targets for STRC or view top-rated stocks among Wall Street analysts.
How have STRC shares performed in 2023?: Sarcos Technology and Robotics' stock was trading at $3.3678 at the beginning of the year. Since then, STRC stock has decreased by 80.3% and is now trading at $0.6633.
View the best growth stocks for 2023 here.
When is Sarcos Technology and Robotics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 21st 2024.
View our STRC earnings forecast.

How were Sarcos Technology and Robotics' earnings last quarter?: Sarcos Technology and Robotics Corporation (NASDAQ:STRC) announced its quarterly earnings results on Monday, November, 8th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by $0.12. The company had revenue of $1.13 million for the quarter, compared to the consensus estimate of $1.50 million. Sarcos Technology and Robotics had a negative trailing twelve-month return on equity of 72.87% and a negative net margin of 1,487.96%.
When did Sarcos Technology and Robotics' stock split?: Sarcos Technology and Robotics shares reverse split on Thursday, July 6th 2023. The 1-6 reverse split was announced on Thursday, July 6th 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, July 6th 2023. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split.
Who are Sarcos Technology and Robotics' major shareholders?: Sarcos Technology and Robotics' stock is owned by many different institutional and retail investors. Top institutional investors include Pursue Wealth Partners LLC (0.36%) and Adage Capital Partners GP L.L.C. (0.32%). Insiders that own company stock include Andrew Hamer, Brian D Finn, Denis Garagic and Kiva A Allgood.
View institutional ownership trends.
How do I buy shares of Sarcos Technology and Robotics?: Shares of STRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:STRC) was last updated on 12/5/2023 by MarketBeat.com Staff

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