Rewalk Robotics (RWLK) Scheduled to Post Quarterly Earnings on Thursday

Rewalk Robotics (NASDAQ:RWLK) will be announcing its earnings results before the market opens on Thursday, August 8th. Analysts expect the company to announce earnings of ($0.49) per share for the quarter.

Rewalk Robotics (NASDAQ:RWLK) last issued its earnings results on Tuesday, May 7th. The medical device company reported ($1.25) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.00) by ($0.25). The firm had revenue of $1.58 million for the quarter, compared to analyst estimates of $1.62 million. On average, analysts expect Rewalk Robotics to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of NASDAQ:RWLK traded down $0.09 during midday trading on Tuesday, hitting $3.43. The stock had a trading volume of 127,188 shares, compared to its average volume of 756,980. The stock has a market cap of $16.40 million, a P/E ratio of -0.23 and a beta of 1.54. The company’s 50 day moving average price is $4.23. The company has a quick ratio of 1.50, a current ratio of 1.84 and a debt-to-equity ratio of 3.50. Rewalk Robotics has a 1 year low of $2.46 and a 1 year high of $30.00.

Several brokerages have recently weighed in on RWLK. HC Wainwright raised shares of Rewalk Robotics from a “neutral” rating to a “buy” rating and lifted their target price for the company from $4.00 to $9.00 in a report on Monday, June 17th. ValuEngine raised shares of Rewalk Robotics from a “hold” rating to a “buy” rating in a report on Tuesday, July 2nd. Finally, Zacks Investment Research raised shares of Rewalk Robotics from a “hold” rating to a “buy” rating and set a $3.00 target price on the stock in a report on Thursday, May 16th.

Rewalk Robotics Company Profile

ReWalk Robotics Ltd., a medical device company, designs, develops, and commercializes exoskeletons for wheelchair-bound individuals with mobility impairments or other medical conditions. The company offers ReWalk Personal for everyday use to paraplegic individuals at home and in their communities; and ReWalk Rehabilitation for exercise and therapy used in hospitals and rehabilitation centers in the United States and Europe.

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Earnings History for Rewalk Robotics (NASDAQ:RWLK)

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