NASDAQ:STRC Sarcos Technology and Robotics (STRC) Stock Forecast, Price & News $0.85 -0.07 (-7.57%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$0.80▼$0.9550-Day Range$0.67▼$1.9552-Week Range$0.65▼$14.76Volume456,190 shsAverage Volume228,335 shsMarket Capitalization$22.05 millionP/E RatioN/ADividend YieldN/APrice Target$13.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Sarcos Technology and Robotics MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside1,479.7% Upside$13.50 Price TargetShort InterestHealthy2.13% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.58Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($2.91) to ($1.53) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.17 out of 5 starsIndustrial Products Sector106th out of 180 stocksGeneral Industrial Machinery, Industry5th out of 12 stocks 3.0 Analyst's Opinion Consensus RatingSarcos 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/DownsideAccording to analysts' consensus price target of $13.50, Sarcos Technology and Robotics has a forecasted upside of 1,479.7% from its current price of $0.85.Amount of Analyst CoverageSarcos Technology and Robotics has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.13% of the float of Sarcos Technology and Robotics has been sold short.Short Interest Ratio / Days to CoverSarcos Technology and Robotics has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sarcos Technology and Robotics has recently increased by 5.23%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSarcos Technology and Robotics does not currently pay a dividend.Dividend GrowthSarcos Technology and Robotics does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for STRC. Previous Next 2.5 News and Social Media Coverage News SentimentSarcos Technology and Robotics has a news sentiment score of 0.58. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Sarcos Technology and Robotics this week, compared to 1 article on an average week.Search Interest3 people have searched for STRC on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sarcos Technology and Robotics insiders have not sold or bought any company stock.Percentage Held by Insiders18.30% 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 Institutions94.36% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Sarcos Technology and Robotics are expected to grow in the coming year, from ($2.91) to ($1.53) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sarcos Technology and Robotics is -0.13, 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. SectorThe P/E ratio of Sarcos Technology and Robotics is -0.13, 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 RatioSarcos Technology and Robotics has a P/B Ratio of 0.15. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Sarcos Technology and Robotics (NASDAQ:STRC) StockSarcos 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.Read More STRC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart STRC Stock News HeadlinesSeptember 28, 2023 | benzinga.comSarcos Stock Soars After Robotics Company Secures AI Contract With US Air Force: What You Should KnowSeptember 28, 2023 | msn.comScientists transformed a cockroach into a remote-controlled zombie cyborg using an electrical backpack — and no, there’s absolutely nothing to be afraid ofOctober 1, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”September 27, 2023 | msn.comMoxi, the Austin health care robot you might see in a hospital, raises millions to expandSeptember 18, 2023 | news.yahoo.comWorking on robot leads to career shift for TSTC studentSeptember 18, 2023 | businesswire.comAgility Robotics Opening RoboFab: World’s First Factory for Humanoid RobotsSeptember 5, 2023 | morningstar.comSarcos Technology & Robotics Corp Class AAugust 21, 2023 | msn.comSarcos Technology and Robotics falls after Jefferies downgrades on limited visibilityOctober 1, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”August 21, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Technology Companies: Sarcos Technology and Robotics (STRC) and Nvidia (NVDA)August 9, 2023 | finance.yahoo.comSarcos Technology and Robotics Corporation Announces Second Quarter 2023 Financial ResultsJuly 27, 2023 | finance.yahoo.comSarcos Technology and Robotics Corporation to Report Second Quarter 2023 Financial ResultsJuly 13, 2023 | msn.comSimbe’s inventory robots score $28 million in fundingJuly 13, 2023 | msn.comDelta Air Lines, Conagra Brands And 3 Stocks To Watch Heading Into ThursdayJuly 12, 2023 | seekingalpha.comSarcos to terminate 25% of its workforce, withdraws full-year revenue guidanceJuly 12, 2023 | finance.yahoo.comSarcos Takes Steps to Improve Efficiency, Reduce Cash SpendJune 22, 2023 | marketwatch.com8-K: Sarcos Technology & Robotics CorpJune 20, 2023 | finance.yahoo.comSarcos Announces Reverse Stock SplitJune 9, 2023 | finance.yahoo.comWe Think Sarcos Technology and Robotics (NASDAQ:STRC) Needs To Drive Business Growth CarefullyMay 13, 2023 | finance.yahoo.comSarcos Technology and Robotics Corporation (NASDAQ:STRC) Q1 2023 Earnings Call TranscriptMay 13, 2023 | finance.yahoo.comSarcos Technology and Robotics Corporation (NASDAQ:STRC) Just Reported And Analysts Have Been Cutting Their EstimatesMay 8, 2023 | finance.yahoo.comFavourable Signals For Sarcos Technology and Robotics: Numerous Insiders Acquired StockMay 1, 2023 | finance.yahoo.comSarcos and VideoRay Sign Agreement to Offer Integrated Underwater Robotic SystemsApril 26, 2023 | finance.yahoo.comSarcos Technology and Robotics Corporation to Report First Quarter 2023 Financial ResultsApril 10, 2023 | detroitnews.comThese Detroit middle schoolers have built a robot to take on the worldApril 4, 2023 | msn.comRobots are getting good at dribbling soccer balls, new video from MIT showsMarch 18, 2023 | seekingalpha.comSarcos Technology and Robotics Corporation 2022 Q4 - Results - Earnings Call PresentationSee More Headlines Receive STRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sarcos Technology and Robotics and its competitors with MarketBeat's FREE daily newsletter. Email Address STRC Company Calendar Last Earnings8/09/2023Today10/01/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry General industrial machinery, Sub-IndustryN/A SectorIndustrial Products Current SymbolNASDAQ:STRC CUSIPN/A CIK1826681 WebN/A Phone888-927-7296FaxN/AEmployees160Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.50 High Stock Price Forecast$24.00 Low Stock Price Forecast$3.00 Forecasted Upside/Downside+1,479.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($6.5190) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-157,130,000.00 Net Margins-1,148.57% Pretax Margin-1,164.47% Return on Equity-55.08% Return on Assets-48.55% Debt Debt-to-Equity RatioN/A Current Ratio8.80 Quick Ratio8.42 Sales & Book Value Annual Sales$14.57 million Price / Sales1.51 Cash Flow$0.19 per share Price / Cash Flow4.46 Book Value$5.62 per share Price / Book0.15Miscellaneous Outstanding Shares25,800,000Free Float21,079,000Market Cap$22.05 million OptionableNot Optionable Beta2.08 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Benjamin G. Wolff (Age 54)Co-Founder & Exec. Chairman Comp: $621.76kMs. Kiva A. Allgood (Age 50)CEO Comp: $169.69kMr. Jorgen Pedersen (Age 51)Chief Operating Officer Dr. Denis Garagic (Age 53)Chief Technology Officer Key CompetitorsApplied DNA SciencesNASDAQ:APDNurban-groNASDAQ:UGROFusion Fuel GreenNASDAQ:HTOOLiqTech InternationalNASDAQ:LIQTArt's-Way ManufacturingNASDAQ:ARTWView All CompetitorsInsiders & InstitutionsGoldman Sachs Group Inc.Bought 419,740 shares on 8/15/2023Ownership: 1.786%Y Intercept Hong Kong LtdBought 290,662 shares on 8/15/2023Ownership: 1.352%Price Jennifer C.Bought 480,994 shares on 8/14/2023Ownership: 6.453%State Street CorpSold 1,261,681 shares on 8/14/2023Ownership: 0.949%Renaissance Technologies LLCSold 9,883 shares on 8/11/2023Ownership: 2.268%View All Insider TransactionsView All Institutional Transactions STRC Stock - 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 forecast for 2023? 2 brokerages have issued 1 year price targets for Sarcos Technology and Robotics' shares. Their STRC share price forecasts range from $3.00 to $24.00. On average, they expect the company's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 1,479.7% 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 on January 1st, 2023. Since then, STRC shares have decreased by 74.6% and is now trading at $0.8546. 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 Tuesday, November 14th 2023. View our STRC earnings forecast. How were Sarcos Technology and Robotics' earnings last quarter? Sarcos Technology and Robotics Corporation (NASDAQ:STRC) released its quarterly earnings results on Wednesday, August, 9th. The company reported ($0.94) EPS for the quarter, missing the consensus estimate of ($0.78) by $0.16. The company had revenue of $1.28 million for the quarter, compared to the consensus estimate of $2.10 million. Sarcos Technology and Robotics had a negative net margin of 1,148.57% and a negative trailing twelve-month return on equity of 55.08%. When did Sarcos Technology and Robotics' stock split? Sarcos Technology and Robotics shares reverse split before market open 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. What guidance has Sarcos Technology and Robotics issued on next quarter's earnings? Sarcos Technology and Robotics updated its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.10 million-$1.40 million, compared to the consensus revenue estimate of $5.95 million. What is Sarcos Technology and Robotics' stock symbol? Sarcos Technology and Robotics trades on the NASDAQ under the ticker symbol "STRC." 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. What is Sarcos Technology and Robotics' stock price today? One share of STRC stock can currently be purchased for approximately $0.85. How much money does Sarcos Technology and Robotics make? Sarcos Technology and Robotics (NASDAQ:STRC) has a market capitalization of $22.05 million and generates $14.57 million in revenue each year. The company earns $-157,130,000.00 in net income (profit) each year or ($6.5190) on an earnings per share basis. How many employees does Sarcos Technology and Robotics have? The company employs 160 workers across the globe. How can I contact Sarcos Technology and Robotics? Sarcos Technology and Robotics' mailing address is 650 South 500 West, Suite 150 Salt Lake City, UT 84101. The company can be reached via phone at 888-927-7296 or via email at ir@sarcos.com. This page (NASDAQ:STRC) was last updated on 10/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sarcos Technology and Robotics Corporation Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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