Sarcos Technology and Robotics Corporation (STRC) Stock Up 22.79%: Is It a Good Investment?

At the time of writing, Sarcos Technology and Robotics Corporation [STRC] stock is trading at $1.67, up 22.79%. An important factor to consider is whether the stock is rising or falling in short-term value. The STRC shares have gain 58.29% over the last week, with a monthly amount glided 228.09%, and seem to be holding up well over a long-time horizon.

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On 17, January 2024, Sarcos Welcomes Back Co-Founder and Former CEO Ben Wolff to Lead Company Following Pivot to Industrial AI Software Focus. In a post published today on Yahoo Finance, Laura Peterson takes on role of Executive Vice Chairman.

From an analyst’s perspective:

For the past year, the stock price of Sarcos Technology and Robotics Corporation fluctuated between $0.40 and $3.74. Currently, Wall Street analysts expect the stock to reach $252 within the next 12 months. Sarcos Technology and Robotics Corporation [NASDAQ: STRC] shares were valued at $1.67 at the most recent close of the market. An investor can expect a potential return of 14989.82% based on the average STRC price forecast.

Analyzing the STRC fundamentals

According to Sarcos Technology and Robotics Corporation [NASDAQ:STRC], the company’s sales were 6.15M for trailing twelve months, which represents an -87.81% plunge. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at -3.48%, Pretax Profit Margin comes in at -14.86%, and Net Profit Margin reading is -14.77%. To continue investigating profitability, this company’s Return on Assets is posted at -1.78, Equity is -1.53 and Total Capital is -0.46. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.17.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.4533 points at the first support level, and at 1.2367 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.8033, and for the 2nd resistance point, it is at 1.9367.

Sarcos Technology and Robotics Corporation [STRC] reported earnings per share of -$0.66 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.59/share, meaning a difference of -$0.07 and a surprise factor of -11.90%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.86 per share as compared to estimates of -$0.71 per share, a difference of -$0.15 representing a surprise of -21.10%.

Ratios To Look Out For

It is important to note that Sarcos Technology and Robotics Corporation [NASDAQ:STRC] has a current ratio of 5.33. On the other hand, the Quick Ratio is 5.20, and the Cash Ratio is 4.44. Considering the valuation of this stock, the price to sales ratio is 7.03, the price to book ratio is 1.06.

Transactions by insiders

Recent insider trading involved FINN BRIAN D, Director, that happened on Dec 22 when 80000.0 shares were purchased. Director, FINN BRIAN D completed a deal on Dec 21 to buy 40000.0 shares. Meanwhile, Director FINN BRIAN D bought 16459.0 shares on Dec 15.

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