Restoration Robotics (NASDAQ:HAIR) has received an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.
Brokers have set a 1 year consensus target price of $10.50 for the company and are expecting that the company will post ($0.16) EPS for the current quarter, according to Zacks. Zacks has also given Restoration Robotics an industry rank of 182 out of 265 based on the ratings given to its competitors.
HAIR has been the subject of a number of recent research reports. Craig Hallum initiated coverage on shares of Restoration Robotics in a research report on Wednesday, February 14th. They set a “buy” rating and a $10.00 price target for the company. Zacks Investment Research lowered shares of Restoration Robotics from a “hold” rating to a “sell” rating in a research report on Thursday, March 8th. Roth Capital set a $7.50 price target on shares of Restoration Robotics and gave the stock a “buy” rating in a research report on Thursday, December 14th. Finally, ValuEngine raised shares of Restoration Robotics from a “strong sell” rating to a “sell” rating in a research report on Friday, February 2nd.
Restoration Robotics (NASDAQ:HAIR) last released its earnings results on Monday, March 5th. The company reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.04. The company had revenue of $5.86 million during the quarter, compared to analyst estimates of $5.77 million. equities research analysts expect that Restoration Robotics will post -0.6 earnings per share for the current year.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Millennium Management LLC purchased a new position in Restoration Robotics during the 4th quarter worth approximately $201,000. Lombard Odier Asset Management USA Corp purchased a new position in shares of Restoration Robotics during the 4th quarter valued at approximately $457,000. Clarus Ventures LLC purchased a new position in shares of Restoration Robotics during the 4th quarter valued at approximately $16,422,000. Royce & Associates LP purchased a new position in shares of Restoration Robotics during the 4th quarter valued at approximately $575,000. Finally, BlackRock Inc. purchased a new position in shares of Restoration Robotics during the 4th quarter valued at approximately $265,000. 25.90% of the stock is owned by institutional investors.
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Restoration Robotics Company Profile
Restoration Robotics, Inc, a medical device company, develops and commercializes image-guided robotic systems in the United States and internationally. The company offers ARTAS System, a physician-assisted robotic system that identifies and dissects hair follicular units directly from the scalp and creates recipient implant sites.
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