Wall Street analysts expect Restoration Robotics Inc (NASDAQ:HAIR) to post earnings of ($0.19) per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Restoration Robotics’ earnings, with the lowest EPS estimate coming in at ($0.20) and the highest estimate coming in at ($0.18). Restoration Robotics posted earnings of ($0.26) per share in the same quarter last year, which suggests a positive year over year growth rate of 26.9%. The company is scheduled to announce its next quarterly earnings results on Monday, May 13th.

According to Zacks, analysts expect that Restoration Robotics will report full year earnings of ($0.64) per share for the current year, with EPS estimates ranging from ($0.73) to ($0.55). For the next financial year, analysts expect that the business will report earnings of ($0.40) per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that follow Restoration Robotics.

Restoration Robotics (NASDAQ:HAIR) last issued its earnings results on Friday, March 15th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.03). Restoration Robotics had a negative return on equity of 653.88% and a negative net margin of 130.83%. The firm had revenue of $6.66 million during the quarter, compared to the consensus estimate of $6.00 million.

A number of equities analysts recently issued reports on HAIR shares. Maxim Group cut Restoration Robotics from a “buy” rating to a “hold” rating in a report on Friday, March 15th. Roth Capital reiterated a “buy” rating on shares of Restoration Robotics in a report on Tuesday, February 5th. William Blair cut Restoration Robotics from an “outperform” rating to a “market perform” rating and set a $0.86 target price on the stock. in a report on Monday, March 18th. Finally, Zacks Investment Research upgraded Restoration Robotics from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 8th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $2.65.

Several institutional investors and hedge funds have recently modified their holdings of HAIR. Fenimore Asset Management Inc. bought a new position in Restoration Robotics during the 1st quarter valued at $35,000. Virtu Financial LLC bought a new position in Restoration Robotics during the 1st quarter valued at $40,000. Deutsche Bank AG bought a new position in Restoration Robotics during the 4th quarter valued at $91,000. SG Americas Securities LLC lifted its stake in Restoration Robotics by 55.9% during the 4th quarter. SG Americas Securities LLC now owns 283,503 shares of the company’s stock valued at $123,000 after acquiring an additional 101,608 shares in the last quarter. Finally, Vanguard Group Inc lifted its stake in Restoration Robotics by 173.2% during the 3rd quarter. Vanguard Group Inc now owns 864,368 shares of the company’s stock valued at $2,507,000 after acquiring an additional 547,968 shares in the last quarter. Institutional investors own 28.14% of the company’s stock.

Shares of HAIR opened at $0.59 on Monday. Restoration Robotics has a 12-month low of $0.35 and a 12-month high of $4.61. The company has a debt-to-equity ratio of 12.27, a current ratio of 3.14 and a quick ratio of 2.56.

About Restoration Robotics

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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